675 Shannon Road

Overview

Ackerman & Co. and Pioneer Land Group present for sale Shannon Road, a 13-acre parcel in Gwinnet County, Georgia:

• Shannon Road is an opportunity to build a premium community to meet the immediate and growing housing needs for this market.
• Convenient access to surrounding amenities including downtown Loganville and Grayson.
• Approximately 8 miles from Rowan, the recently announced 2,000-acre knowledge community at Hwy 316. Rowan is projected to generate 18,500 jobs by 2035 and up to 100,000 jobs at full buildout.
• Situated approximately 3.5 miles from Harbins Park, a 1,960 acre park loaded with amenities such as a playground, pavilions, dog park area, a lake, a 1.5 mile paved trail, baseball and football fields.
• Tribble Mill County Park, a 713-acre park approximately the same distance away, offers many of the same amenities as Harbins Park.
• Located in Gwinnett County, the best selling county for new construction in the Atlanta MSA. The new construction average price is $474,000 through the first two quarters of 2022.
• There is currently a 17.0 months supply of vacant developed lots (“VDLs”) in Gwinnett County.
• Located in the Archer High District, which has a new detached average sales price of $454,000 through 2Q 2022.
• The property has 1,125 feet of frontage on Shannon Road.
• Across the road from the new subdivision development, Meadows at Bay Creek, which has sold 80 of the 152 available homes at an average listing price of $447,000. Average monthly sales rate in August 2022 was 10.95 homes per month.