SOLD – Tuggle Road

Overview

Ackerman & Co. and Pioneer Land Group are offering for sale Tuggle Road, a 54± acre parcel in Gwinnett County, Ga., planned and designed for single-family detached (“SFD”) lots. Since 2015, Gwinnett County has captured more new SFD house sales than any other county in Metro Atlanta.

Tuggle Road offers:

• Prime opportunity for a builder to establish a presence in the rapidly growing Gwinnett County.
• Location 1.5 miles away from Interstate 85/Hamilton Mill Road interchange providing convenient access to nearby amenities and the I-85 job market.
• Property is in an excellent school system, with the elementary, middle and high schools all rated 5 out of 5 stars.
• Mall of Georgia, a super-regional shopping mall with more than 200 stores and services, is approximately 4 miles from the Property.
• Concept plan design based on an R100OSC zoning yields approximately 103 lots that are 60’ wide.
• Located in the Mill Creek High School district in which the average price of a newly constructed house  sold through 3Q17 was $389,000, representing a 16.1% increase in average sale price from 2016.
• Due to very limited supply of vacant developed lots in Gwinnett County and the Mill Creek High School market, raw land needs to be developed into lots to meet housing demand.