33.7 Acres – Zoned TND – Cedars Road, Lawrenceville, Gwinnett County
avalon / December 18, 2020
This is an opportunity to purchase approximately 33.67 + acres in Gwinnett County, just east of downtown Lawrenceville. Located on Cedars Road, this property is less than a mile from SR 316. There is an additional two adjacent properties also available for sale that would add another 7 acres.
All properties were recently rezoned under the TND zoning category, allowing for 83 townhomes and 88 single family homes. A site plan and zoning conditions are available in our Data Room, and there are no rental restrictions on the property.
Homeowners attend Dacula High School, a submarket with over 300 new construction closings last year. New construction homes in Dacula High sold in the low $300’s on average last year. Century’s nearby Jacobs Farm, which is now sold out, sold over 6 homes per month at an ASP of $316,000.
Asking $75,000 per acre
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