5181 Whitmire Rd Gainesville, GA 30506
- Commercial real estate
- 55.35 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 5181 Whitmire Rd
- Lot size
- 55.35 lot acres
- Property type
- Commercial real estate
Description
This exceptional 55.35-acre parcel of land presents a prime opportunity for residential development in Gainesville, Georgia. Located in desirable Hall County, specifically within the Mount Vernon School District, this property boasts a highly advantageous R-1 zoning designation. The expansive lot offers 2,130 feet of frontage along Whitmire Road, providing excellent accessibility and visibility. Existing utilities are readily available, including city water, electricity, phone, and cable services, simplifying the development process. Detailed plans have already been approved for the construction of 43 residential lots, each designed to accommodate homes with a minimum of 1,800 square feet. The land is priced at $14,000 per acre, representing a compelling investment in a rapidly growing area. This property's size, zoning, and location combine to create a unique opportunity for developers seeking to capitalize on the strong demand for residential properties in this thriving community. The approved lot plan and existing utility infrastructure significantly reduce development hurdles, making this a particularly attractive proposition. The strategic location within the Mount Vernon School District adds further appeal to potential buyers. This is a rare chance to acquire a substantial tract of land perfectly suited for a high-value residential subdivision. Contact us today to learn more about this exceptional development opportunity.
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
- Gainesville
- County
- Hall
- State
- Georgia
- Longitude
- -83.846872
- Latitude
- 34.439623
