Property profile

2846 Friendship Rd Braselton, GA 30517

OFF-MARKET
Retirement homes
22.31 ac lot
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Property summary

AI-generated overview

This exceptional 22.31-acre development site in Braselton, Georgia, presents a unique opportunity for investors. Located at 2846 Friendship Road, Hall County, this property boasts an approved plan for 79 residential lots, with 80% designated for a 55-and-older community. The zoning is PUD (Planned Unit Development). Each lot offers a generous 50-foot frontage, providing ample space for desirable homes. The site is conveniently located in a high-exposure area within the city of Braselton, ensuring excellent visibility and accessibility. All utilities are readily available at the site, simplifying the development process. The approved plan includes detailed specifications for a thriving senior living community, making this a turnkey project with significant potential for substantial returns. The current asking price is $38,000 per raw lot. This is a rare opportunity to acquire a fully permitted and ready-to-develop site in a desirable location, perfect for building a successful senior living community. Don't miss this chance to capitalize on the growing demand for senior housing in this thriving area of Georgia. The property's prime location and approved plans make this an exceptional investment opportunity.

Property profile

Verified
Property type Retirement homes
Lot 22.31 ac (971,824 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2846 Friendship Rd Braselton, GA 30517
Braselton metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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