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    FOR SALE
    Commercial land

    1909 Pucketts Dr SW, Lilburn, GA 30047

    Property ID
    US22-1765868
    Property summary
    AI-generated overview

    5.12 acres of land with R-100 zoning located in unincorporated portion of Gwinnett County with Lilburn City physical address is an excellent development opportunity. This incredible investment offering has tremendous frontage on Puckett Drive. The property sits behind Lowe's Home Improvement anchored Center featuring tenants like Church's Chicken, Avis Rental, Arden's Garden, Smoker's Vault with Shawnee's Goodies on the Out Parcel. The neighboring tenants include Walmart Supercenter which draws an estimated 9,300 visits per day with 3.9M annual visits (based on Creditntell). This location is surrounded by an affluent population with an average household income of $97,000+ within 3 miles. The site is proximity to Amazon’s first robotics fulfilment center with 1,000 employees. Amazon currently employs more than 21,000 workers across Georgia and the company's investments have contributed an estimated $3.2 billion into the state’s economy from 2010 to 2019. Positioned east of Stone Mountain Park, Georgia’s most popular attraction with 4 million annual visitors, Stone Mountain Festival is situated in the heart of Stone Mountain’s dominant retail node serving an expansive Gwinnett County trade area. The trade area has seen positive momentum with the recent addition of an Amazon fulfilment center and a newly proposed Costco set to be developed along US-78 . Other notable retailers in the immediate corridor include Lowe’s, LA Fitness, Ross, Bealls, Marshalls and the proposed Costco.

    Property profile
    Verified
    Property type Commercial land
    UPID US22-1765868
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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