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5774 Henry Bailey Rd

13.92 Acres of Residential Land Offered at $4,600,000 in Sugar Hill, GA 30518

Investment Highlights

  • High traffic area count, close to major Highways I-85 and GA400
  • Proximity to downtown Sugar Hill, Grocery stores, retail, restaurants, Lake Lanier Resort, Cumming, North Georgia Mountains

Executive Summary

PRIME INVESTMENT OPPORTUNITY in rapidly growing area.

Property Facts Under Contract

Price $4,600,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 13.92 AC

1 Lot Available

Lot

Price $4,600,000
Price Per AC $330,460
Lot Size 13.92 AC

13.92+/- Acres consisting of 4 parcels. Rolling terrain with woods to rear.

Description

Incredible Investment Opportunity on this 13.92+/- acres parcel. Excellent location at intersection of GA Highway 20 & Lawrenceville-Suwanee Dam Rd., High Traffic Count area. Perfect for Senior 55+ Assisted Living with Villas, Retail / C-Store & Residential mix, Offices and Medical or Hotel. Owner only selling all 13.92 acres whole. Should your client like to subdivide into a shovel ready commercial front (3.1 +/- acres) and residential rear, I will provide interested contacts. This will make for a quick turnaround on investment. Create a Live / Work / Play environment across the street from Publix, Kroger and a slew of restaurants and shops. Less than 3 miles East to the new, bustling downtown Sugar Hill, The Bowl Amphitheater and multiple events and activities. 2 miles west on Hwy 20 is Sugar Hill's trailhead to the new Chattahoochee River Trail and future Riverlands project. Theses exciting projects are in design phases and may include Micro-Breweries, Hotels, Mtn Bike trails, Disc Golf, Outfitters, Wedding / Event Venues, etc... Put your stamp on this premier area and all its amazing offerings. This location is convenient to Lake Lanier, Suwanee, Buford, Cumming, and Metropolitan Atlanta - I-85, I-985 and GA400 are 5 to 8 miles away. The average DTC of 36,200 makes this a high-visibility location. Sugar Hill, home of “The Sweet Life”, is the fourth largest city in Gwinnett County and is part of the Atlanta Metropolitan area. It offers a welcoming climate for everyone and is supportive of small businesses. They have been very proactive in the creation of parks, greenways, and facilities. From Pickleball, Tennis, to Synthetic turf fields for soccer and lacrosse, there is something for everyone, of every age, in Sugar Hill. Email, call, or text Listing Agents: Clifton Prewitt 678-215-4957 | clifton.prewitt@bhhsgeorgia.com or Marta Rodriguez 678-516-6305, Serving Southwest Florida And Georgia | marta.rodriguez@bhhsgeorgia.com Driving directions: I-85 North to exit 111. Turn left, go approximately 7 miles, and turn right onto GA Hwy. 20. About 500 yards on the right look for Berkshire Hathaway signage and white barn.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 7-339-003
  • 7-339-001
Land Assessment
$153,600
Improvements Assessment
$0
Total Assessment
$153,600

zoning

Zoning Code R-100 (R-100 currently. Sugar Hill, if you annex in, would like a commercial front with residential rear. Senior 55+ community is welcome also.)
R-100 (R-100 currently. Sugar Hill, if you annex in, would like a commercial front with residential rear. Senior 55+ community is welcome also.)
  • Listing ID: 21701795

  • Date on Market: 12/9/2020

  • Last Updated:

  • Address: 5774 Henry Bailey Rd, Sugar Hill, GA 30518

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