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Property profile & analytics
OFF-MARKET
Land

1670 Sever Rd Lawrenceville, GA 30043

Property ID
US22-0977384
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
UPID US22-0977384
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
Current use
Occupant on record · Public records
  • Iglesia Restauración De Vida, IDDPMI Church
  • Woodland Hills Assembly of God Church Church
  • Gwinnett Christian Life Assembly of God Church
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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