1215 Margo B TRL, Lawrenceville Active
2 views · 1 this week
- Sale type
- —
- Property subtype
- RESID
- Lot size
- 16.57 acres
- Zoning
- —
- Frontage
- —
- Listing #
- EN-11120
- MLS #
- 10775222
Unique opportunity to own approximately 16.5 acres of complete privacy yet close to everything. Rear of the property has approximately 850 ft of lake frontage on Lake Chadwick. Perfect for an estate, multi-family compound or a developer. This property consists of 4 parcels - 1215 Margo Trail, 1192 Margo Trail, Margo Trail and 1473 Sever Rd. 1215 Margo Trail has a large barn-like structure with an adjacent building that is fire damaged and not safe to enter. 1473 Sever Rd. has a 2079 sf ranch home on a full finished basement (4109 total sf) and needs full interior rehab. There is a tenant in the basement portion of the home. Do not disturb tenant. 1192 Margo Trail has a 1008 sf ranch home that is tenant occupied and we are unsure of the current condition. Current homes on septic, but sewer does run along lake side so there is access for development purposes. Margo Trail does not have a street number and is 4 acres with no structures. Current zoning is R100 for the two properties with homes and RZT for the other two properties. Acreage available to be walked with a confirmed appointment AND your agent present during showing. Do not attempt to enter any of the properties and do not disturb tenants. Please note that this property is also listed as 1215 Margo Trail A for the upper 7.64 acres or 1192 Margo as the 8.93 acre lower portion of the property, so buy either section or the entire parcel - your choice. Structures on the properties are being sold in "as-is" condition.
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GWINNETT County snapshot
Gwinnett County is one of the largest and most populous counties in the Atlanta metro area, having grown substantially over recent decades from a mix of suburban expansion and significant in-migration, including a notably diverse population base spanning many ethnicities and countries of origin. Household incomes tend to be middle to upper-middle class on average, though there's considerable variation across its many distinct cities and unincorporated areas, some more affluent and some more working-class. The local economy is diversified rather than dependent on a single industry, supported by retail, logistics, healthcare, and small business activity tied to its dense residential population and proximity to Atlanta. For someone evaluating a small business purchase, this suggests a generally stable, growing customer base with steady demand, but success will likely depend heavily on the specific neighborhood, competition, and how well the business serves the area's diverse community.
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