Auction Information
$1 Auction - 0.98 AC Parcel (Atlanta MSA)
Investment Highlights
RealINSIGHT Marketplace Online Auction Feb. 20-22, 2023
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0.98 AC Industrial Zoned Land within a High Growth Area Along the I-985/GA Hwy 365 corridor in Gainesville, GA
Located in a Federal Opportunity Zone
Excellent accessibility to I-985 (2.5 miles) | Minutes from Airport, Lake Lanier, University of North Georgia, Downtown Gainesville
Dense demographics with 82,585 individuals and avg household income of $79,306 (5-mile radius)
High Growth Market | Resident Population Has Grown by Over 19% Since 2010 and Over 6% Growth Expected 2021-2026 (5-Mile Radius)
Absolute Auction 1st Bid meets Reserve!
Offering Summary
Marcus & Millichap and RI Marketplace are pleased to present a land parcel totaling 0.98 acres adjacent to 2459 Hilton Way in Gainesville, Georgia (Propert...
Marcus & Millichap and RI Marketplace are pleased to present a land parcel totaling 0.98 acres adjacent to 2459 Hilton Way in Gainesville, Georgia (Property). The Property offers an exceptional investment opportunity via development and first bid meets reserve!
The Property consists of a single parcel along Hilton Way within Atlas Industrial Park. The parcel is currently zoned Industrial and benefits from proximity to Lee Memorial Airport, University of North Georgia, and the proposed 104-acre Northeast Georgia Inland Rail Port providing a direct link to the Port of Savannah via Norfolk Southern. The Parcel is well-positioned in the trade area approximately 2.5-miles from I-985 with direct access to Atlanta (50-miles), Athens (45-miles), and Augusta (138-miles).
The Gainesville, Georgia market is one of the fastest growing in the U.S., boasting low unemployment and a strong, diverse economy. Within a five-mile radius, the Property has a 2021 population of 82,585 and an average household income of $79,306. The Property is located within a high growth area with population growth of 19% from 2010-2021 and 6% growth expected from 2021-2026 within five miles of the Property.
Lamar P. Fisher
Fisher Auction Company Inc.
License: AUNR003157
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