1955 Mcgee RD Snellville, GA 30078
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 1,407 sqft
Price per Sqft $373
MLS Listing ID 7645112
Construction Status Fixer
HOA Y/N No
Year Built 1978
Annual Tax Amount $1,920
Tax Year 2024
Lot Size 1.740 Acres
Acres 1.74
Property Sub-Type Mixed Use
Source First Multiple Listing Service
Property Description
Unlock the potential of this exceptional residential development on commercial land in one of Snellville's most sought-after areas. Situated at 1955 McGee Road SW, this property offers an incredible opportunity for investors looking to capitalize on the rapid growth of the surrounding neighborhood, where homes are selling for over $700K just across the street as well as many neighborhoods nearby averaging 460K.
Key Features:
CI Zoning (Commercial Intensive): The CI zoning offers a broad range of possibilities, from residential development to commercial use. This zoning provides flexibility for various types of developments, such as multi-family units, townhomes, or mixed-use projects, all while retaining the potential for commercial activity.
Residential Development on Commercial Land: While zoned CI, the property is well-suited for residential development, allowing you to blend residential and commercial projects, maximizing the land's potential.
No HOA: Enjoy the freedom of no Homeowners Association restrictions, offering you full control over your development plans.
Investor Opportunity: With a rapidly appreciating neighborhood, this is an ideal location for an investor looking to develop luxury homes, multi-family units, or other residential projects.
Prime Location: Located in a high-demand area, with a vibrant community and strong potential for future growth, making it a solid investment for years to come.
Whether you're looking to develop a residential community or hold for future appreciation, this property provides endless possibilities. Don't miss out on this outstanding investment opportunity in Snellville—schedule a tour today!
Location
State GA
County Gwinnett
Zoning CI
Lake Name None
Rooms
Other Rooms None
Basement None
Interior
Interior Features Other
Heating Central
Cooling Central Air
Flooring Carpet, Hardwood
Equipment None
Window Features None
Exterior
Parking Features See Remarks
Fence None
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
Waterfront Description None
View Y/N Yes
View Trees/Woods
Roof Type None
Street Surface None
Accessibility None
Handicap Access None
Total Parking Spaces 3
Private Pool false
Building
Lot Description Other
Story Two
Foundation None
Sewer Septic Tank
Level or Stories Two
Structure Type Other
Construction Status Fixer
Others
Senior Community no
Tax ID R5008 413
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