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Property profile & analytics
FOR SALE
Commercial land

2948 Athens Hwy Gainesville, GA 30507

Built 1939
Property ID
US22-1569956
2948 Athens Hwy, Gainesville, GA 30507 For Sale
$2,500,000
2948 Athens Hwy, Gainesville, GA 30507
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Property summary
AI-generated overview

Exceptional Opportunity: 42.19+/- Acres for Development in a Prime Location! This expansive assemblage is strategically situated on the high-traffic US Highway 129 (State Hwy 11). Located near Interstates I-985 and I-85, this property offers unmatched accessibility and convenience for future development. An active DOT project is underway to widen Highway 129 to four lanes, enhancing the potential for mixed-use or residential development. Additionally, a forced main sewer will be installed on Baker Road, providing crucial infrastructure for large-scale projects. With its prime location and excellent visibility, this property is ideal for builders and developers looking to capitalize on the area's growth and infrastructure improvements. Additionally, the neighboring properties at 2932 and 2920 Athens Highway (totaling approximately 63 acres) are also available for sale under separate ownership. Together, these properties offer a combined 105+ acres, making this a rare chance to secure a significant tract of land in a rapidly growing area. Showings are by appointment only. Don't miss this rare opportunity to bring your development vision to life, schedule your visit today!

Property profile
Verified
Property type Commercial land
Year built 1939
UPID US22-1569956
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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