Listing

MLS #: 20068701

Remarks

Up for your consideration is a 10.51 +/- acre tract of land located along Cumming Highway/Georgia Highway 20 in the city limits of booming Sugar Hill, Georgia. This property is situated along the south side of GA Highway 20 and has gentle topo with tons of development potential. GDOT traffic counts are in excess of 37,000 vehicles per day along the 476 feet of road frontage. There are two curb cuts in place at the property already. Highest and best use of the site is likely for development of townhomes/multifamily development or potential commercial. The property is currently zoned RS100 but RM36 or RM72 are potential rezoning designations per discussions with the city. There are currently 10+ rezonings/special use permit requests underway within the city limits, so the time is now to pursue development of this site. Water, electric, and gas are available at the site with gravity-fed sewer less than 60 feet away. The site has great demographics (5-mile average household income of approximately $165,000) and is situated near Publix, Kroger, Mall of Georgia, Gwinnett Braves, etc. The site is just 1.5 miles to Peachtree Industrial, four miles to I-985, and seven miles to GA 400. The list goes on. Take a look at this one before it gets away. **Seller holds a Georgia Real Estate Salesperson license. There is an old barn on the property that is not safe for entry so please do not attempt to access.