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Property profile & analytics
FOR SALE
Commercial land

2429 Scenic Hwy Snellville, GA 30078

1,360 SF Built 1936
Property ID
US22-0715563
Property summary
AI-generated overview

Exceptional redevelopment opportunity in the heart of Snellville! Positioned on 5.14 acres along highly traveled Scenic Highway 124 with substantial road frontage and prime visibility with over 400 feet of road frontage, this property offers a rare chance for investors, developers, and business owners to secure a strategic location in one of Gwinnett’s growing commercial corridors. Currently zoned RS-180 (Residential), the property presents strong future potential for rezoning through the City of Snellville’s ordinances, making it an ideal candidate for a variety of commercial or mixed-use possibilities. Surrounded by an evolving landscape of residential and commercial growth—including townhomes directly behind the property and an adjacent home already converted into a salon/business use—this site is well-positioned for adaptive redevelopment. Public sewer access is available at the road, adding significant value and reducing future development hurdles. The property includes a 1936 vintage home that could be restored and repurposed into office space, boutique business use, or removed entirely to maximize the site’s redevelopment footprint. A large barn/workshop structure also sits on the property, offering immediate storage, utility, or interim use while future plans are developed. While the rear portion of the property borders a creek and includes some floodplain, the expansive frontage, sewer availability, and high-traffic location create outstanding potential for uses such as professional office, salon suites, boutique retail, daycare, contractor services, or specialty commercial development (subject to zoning approval). Conveniently located just minutes from the intersection of Scenic Highway 124 and U.S. Route 78, this property offers unmatched accessibility, visibility, and long-term upside in a rapidly developing area. Opportunities like this are rare—bring your vision and unlock the potential!

Property profile
Verified
Property type Commercial land
Year built 1936
Total area 1,360 SF
UPID US22-0715563
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
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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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