$500,000
13± Acres
Under Contract
Gwinnett County, Georgia

Shannon Road - 13 Acres

ID: 34414
Status: Under Contract
Price: $500,000
Acres: 13±
Price Per Acre: $38,462
Type: Residential Property, Undeveloped Land
Address: 675 Shannon Road
City, State: Loganville, Georgia
County: Gwinnett
ZIP Code: 30052
Presented By: Kyle Gable

Description

Convenient access to surrounding amenities including downtown Loganville and Grayson.

Approximately 8 miles from Rowan, the recently announced 2,000-acre knowledge community at Hwy 316. Rowan is projected to generate 18,500 jobs by 2035 and up to 100,000 jobs at full buildout.

Situated approximately 3.5 miles from Harbins Park, a 1,960 acre park loaded with amenities such as a playground, pavilions, dog park area, a lake, a 1.5 mile paved trail, baseball and football fields, and much more. Also, Tribble Mill County Park is a 713 acre park approximately the same distance away which offers many of the same amenities as Harbins Park.

Located in Gwinnett County, the best-selling county for new construction in the Atlanta MSA. The new construction average price is $474,000 through the first two quarters of 2022.

There is currently a 17.0 months supply of vacant developed lots ("VDLs") in Gwinnett County.

Located in the Archer High District that has a new detached average sales price of $454,000 through 2Q2022.

The property has 1,125 feet of frontage on Shannon Road.

Across the road from the new subdivision development, Meadows at Bay Creek, which has sold 80 of the 152 available homes at an average listing price of $447,000. Average monthly sales rate in August 2022 was 10.95 homes per month.

Ask Kyle About This Property

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