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    694 Old Snellville Hwy Lawrenceville, GA 30046

    For Sale
    $1,400,000

    1.49 Acres, C-2 Zoning, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This 1.49-acre commercial land parcel in Gwinnett County, Georgia, is ideally situated at the corner of Sugarloaf Parkway and Old Snellville Highway in Lawrenceville (zip code 30046), boasting excellent visibility and frontage on Sugarloaf Parkway. Zoned C-2, this property is perfect for a user who doesn't require a Special Use Permit, offering immediate development potential. The high-traffic location sees over 40,000 vehicles daily, with the site conveniently positioned at a traffic light intersection on the inbound side of the street. The property is adjacent to a YMCA, further enhancing its appeal and accessibility. Priced at $1,400,000, this parcel presents a significant opportunity. The land is divisible into two 0.75-acre lots, with potential individual pricing of $750,000 and $650,000 respectively, should a buyer choose to subdivide. This prime location offers exceptional exposure and is ready for immediate development. The property is not located within the city limits of Lawrenceville.

    Property Features for 694 Old Snellville Hwy

    General Information

    Property type
    Land
    Lot Size
    64,904 SF

    HighLights

    • $1,400,000 asking price for 1.49 acres of commercial land.
    • C‑2 zoning in Gwinnett County (outside Lawrenceville city limits).
    • Located at 694 Old Snellville Hwy, Lawrenceville, GA 30046, a corner lot at Sugarloaf Parkway and Old Snellville Highway.
    • High traffic count (40,000+ vehicles daily) at a signalized intersection.
    • Divisible into two 0.75‑acre lots; potential for separate sales at $750,000 and $650,000.
    • Excellent visibility and frontage on Sugarloaf Parkway, adjacent to the YMCA.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Lawrenceville
    County
    Gwinnett
    State
    Georgia
    Longitude
    -84.005215722097
    Latitude
    33.919665503323

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    FAQs

    What type of property is this?
    Land - 1.49 Acres, C-2 Zoning, High Traffic
    Where is this land located?
    The property is located at 694 Old Snellville Hwy Lawrenceville, GA.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: $1,400,000 asking price for 1.49 acres of commercial land.; C-2 zoning in Gwinnett County (outside Lawrenceville city limits).; Located at 694 Old Snellville Hwy, Lawrenceville, GA 30046, a corner lot at Sugarloaf Parkway and Old Snellville Highway.
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    Lawrenceville, GA 30046
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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
    694 Old Snellville Hwy Lawrenceville, GA 30046
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