Current Use by Public Records
- Land
Property Details for 0 Limestone Pkwy
- Lot size
- 7.77 lot acres
- Property type
- Land
Description
This exceptional 7.77-acre property in Gainesville, Georgia, presents a prime residential development opportunity. Zoning and DOT approvals are complete for a 36-unit townhome project, complete with architectural drawings and a site plan. All necessary permits are in place, streamlining the construction process. The development plan includes a clubhouse, pool, half-mile walking trail, dog walk, and gated entry, catering to an upscale market. The property boasts 650 feet of shoreline access to Lake Lanier (via USACE), offering residents stunning lake and mountain views. Conveniently located, it's 3.5 miles from a hospital and expansion, 2 miles from I-985, 1.7 miles from shopping and dining, 3 miles from a Lake Lanier rowing venue, and 4 miles from downtown Gainesville. Sewer and utilities are readily available. This turnkey project on city-owned land offers a unique blend of natural beauty and urban convenience, making it an exceptional investment opportunity. The property's location near established businesses and new developments ensures strong potential for rental income and appreciation. The approved plans ensure a swift and efficient development process, minimizing delays and maximizing returns. This is a rare chance to acquire a fully permitted, ready-to-build residential development in a highly desirable location. The APN is 09-0126-00-0101. The asking price is $1,400,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gainesville
- County
- Hall
- State
- Georgia
- Longitude
- -83.8108
- Latitude
- 34.3365
