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Rare large residential parcel located in the heart of Gwinnett County, this expansive 18.9-acre parcel offers a unique investment opportunity. Zoned Open Space Community (OSC), the land is approved for a 45-lot detached residential subdivision. Recently appraised for $2M. Ideally located in a growing commercial corridor in Snellville, with easy access to major highways and local amenities. Excellent road frontage and proximity to public transport. Adjoins new Crofton Place development being built by Chafin Communities. This parcel presents a rare and lucrative investment in Gwinnett County's thriving residential market. Don't miss this opportunity to be part of this dynamic growth!
AI-generated general context — not specific to this business. Always verify independently.
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.