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    FOR SALE
    Industrial land

    1340 Calvary Church Rd, Gainesville, GA 30507

    3.05 ac lot
    Individually Owned 3-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US22-4749948
    Property summary
    AI-generated overview

    This 3.3-acre industrial land parcel in Gainesville, Georgia, offers significant development potential. Located at 1340 Calvary Church Road, Hall County, zip code 30507, the property is zoned for light industrial use and boasts all utilities on-site, including sewer and detention ponds. The lot size allows for flexible development options, including flex space, industrial buildings, or office space. Its strategic location provides excellent access to major transportation arteries, including I-985, with convenient proximity to I-85 South (21 miles), Hartsfield-Jackson Airport (68 miles), and Exit 20 (0.34 miles). The site is adjacent to Procare Park and within close proximity to Lee Gilmer Memorial Gainesville Airport (2 miles). Gainesville's thriving economy, particularly its prominent poultry industry and status as a rapidly growing metro area, presents a compelling investment opportunity. The surrounding area includes Braselton and Pendergrass (both 10 miles away) and benefits from Hall County's robust manufacturing sector, home to over 320 manufacturing and processing companies and 50 international businesses. The property's size is approximately 3.3 acres, with over 2 usable acres. The square footage buildable is estimated between 12,946 and 84,982 square feet. This location offers exceptional access to a large workforce, with Gainesville's daytime population exceeding 100,000. Hall County's impressive growth trajectory, with over 5,750 new jobs and $1.5 billion in capital investments since 2015, further underscores the investment potential of this property.

    Property profile
    Verified
    Property type Industrial land
    Use group INDUSTRIAL - VACANT LAND
    Lot 3.05 ac (132,858 SF)
    Zoning code L-I
    APN 15-035 -000-047
    UPID US22-4749948
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Hyatt Norma Farmer Executor · 3 yrs held
    Hyatt Norma Farmer Executor
    since 2023
    Last sale
    $110,000
    6 recorded transactions
    2023
    $110,000
    2020
    $100,000
    2020
    2007
    $325,000
    2004
    $91,700
    1969
    Zoning & alternative use
    L-I · Gainesville, GA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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