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    5181 Whitmire Rd Gainesville, GA 30506

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    For Sale
    Contact for pricing

    55-Acre Residential Development Opportunity in Hall County.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 55.35-acre parcel of land presents a prime opportunity for residential development in Gainesville, Georgia. Located in desirable Hall County, specifically within the Mount Vernon School District, this property boasts a highly advantageous R-1 zoning designation. The expansive lot offers 2,130 feet of frontage along Whitmire Road, providing excellent accessibility and visibility. Existing utilities are readily available, including city water, electricity, phone, and cable services, simplifying the development process. Detailed plans have already been approved for the construction of 43 residential lots, each designed to accommodate homes with a minimum of 1,800 square feet. The land is priced at $14,000 per acre, representing a compelling investment in a rapidly growing area. This property's size, zoning, and location combine to create a unique opportunity for developers seeking to capitalize on the strong demand for residential properties in this thriving community. The approved lot plan and existing utility infrastructure significantly reduce development hurdles, making this a particularly attractive proposition. The strategic location within the Mount Vernon School District adds further appeal to potential buyers. This is a rare chance to acquire a substantial tract of land perfectly suited for a high-value residential subdivision. Contact us today to learn more about this exceptional development opportunity.

    Property Features for 5181 Whitmire Rd

    General Information

    Property type
    Land
    Lot Size
    2,411,046 SF

    HighLights

    • 55.35+/- acres in desirable North Hall County, GA.
    • R‑1 zoning.
    • City water, electricity, phone, and cable available.
    • Located in the Mount Vernon School District.
    • 2,130 feet of frontage on Whitmire Road.
    • Approved plans for 43 lots, minimum 1,800 sq ft homes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Auto Repair Shop Garden Center Car Rental Smoke and Vape Shop Home Appliance Store Pet Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Hall
    State
    Georgia
    Longitude
    -83.846872
    Latitude
    34.439623

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    FAQs

    What type of property is this?
    Land - 55-Acre Residential Development Opportunity in Hall County.
    Where is this land located?
    The property is located at 5181 Whitmire Rd Gainesville, GA.
    What are key features of this property?
    This property features: 55.35+/- acres in desirable North Hall County, GA.; R-1 zoning.; City water, electricity, phone, and cable available.
    Request Owner's contact information
    5181 Whitmire Rd Gainesville, GA 30506
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5181 Whitmire Rd Gainesville, GA 30506
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