Commercial Development Site | ±2.5 AC | Lawrenceville, GA

132 and 142 East Crogan Street Lawrenceville, GA 30046

132 and 142 East Crogan Street, Lawrenceville, GA, 30046
132 and 142 East Crogan Street, Lawrenceville, GA, 30046
FOR SALE
Property Type:
Other Land
Amount:
$1,050,000
Last Verified:
Oct 20, 2023

Highlights

  • ±2.5-acre commercial development site
  • Located on a corner lot with traffic light
  • Zoning BG - Allows for many uses including retail, restaurants with drive-thru, convenience store with fuel pumps, self-storage (SP), medical office/clinic and more
  • Approximately 0.5 miles from Downtown Lawrenceville
  • All utilities on-site
  • ± 400’ of road frontage on East Crogan
  • Quick access to Highway-316, Northside Hospital Gwinnett and Downtown Lawrenceville

Description

This ± 2.5-acre site is an excellent development opportunity located on a lighted corner in Lawrenceville, GA. The property is currently zoned BG (General Business) in the city of Lawrenceville, which allows for development of numerous commercial uses including retail, office, restaurants and much more. This site has over 400’ of frontage adjacent to East Crogan St. with traffic counts exceeding 26,500 VPD.

The property is in Gwinnett County located less than one mile from the newly-developed Downtown Lawrenceville. It has easy access to Highway 316, is one mile from Piedmont Hospital Gwinnett and is a short drive to many area retailers. Surrounding businesses and retailers include Walmart, Target, Aldi, Zaxby’s and Chick-Fil-A.

This property is located in Lawrenceville, GA.

Lot Size: 2.5 acres


Documents

Offering Memorandum

Map of 132 and 142 East Crogan Street, Lawrenceville, GA, 30046

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.