1670 Sever Rd Lawrenceville, GA 30043
- Commercial real estate
Current Use by Public Records
- Iglesia Restauración De Vida, IDDPMI / Church
- Woodland Hills Assembly of God Church / Church
- Gwinnett Christian Life Assembly of God / Assemblies Of God Church
Property Details for 1670 Sever Rd
- Property type
- Commercial real estate
Description
This exceptional 5.5-acre parcel in Lawrenceville, Gwinnett County, Georgia, presents a rare multifamily development opportunity. Currently occupied by a well-maintained church building at 1670 Sever Rd, zip code 30043, the property boasts level topography and is conveniently located on sewer. The asking price is $1,800,000. This presents a unique chance to redevelop the existing structure or construct a new multifamily project, capitalizing on the strong demand for housing in this thriving area of Gwinnett County. The site's existing infrastructure significantly reduces development costs and timelines. The property's location offers easy access to major transportation routes, local amenities, and a robust employment base. With its ideal size, location, and existing infrastructure, this property is poised for significant returns. The level topography simplifies construction, minimizing site preparation expenses. This is a truly exceptional opportunity for investors seeking a high-potential multifamily development project in a desirable Georgia location. The existing church building is in excellent condition, offering flexibility for immediate income generation or phased redevelopment. Detailed site plans and surveys are available upon request. Don't miss this chance to acquire a prime piece of Gwinnett County real estate.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lawrenceville
- County
- Gwinnett
- State
- Georgia
- Longitude
- -84.0553007
- Latitude
- 33.9798847
