$129,900
●
Land -
For Sale
2934 Bridge Drive
Gainesville, GA 30506
Studio
0 Bath
$680
Est. Monthly
About This Property
Lot 1 of 2 - Prime investment opportunity just minutes from
downtown Gainesville! This residential lot was formerly permit
approved for a 2-story duplex measuring approximately 51x68,
offering incredible potential for investors and builders alike.
Proposed plans featured each unit with 2 bedrooms, 2.5 bathrooms,
office space, living area, kitchen, garage, and porch on a slab
foundation - totaling 4 bedrooms and 5 bathrooms per structure.
Conveniently located near shopping, dining, schools, and major
roadways, this property is ideally positioned for future
development or income-producing potential. Don't miss this
excellent opportunity in a growing area!
Unit Size
-
Days on Market
147 days
Land Size
0.43 acres
Price per sqft
-
Property Type
Land
Property Taxes
$41
HOA Dues
-
Year Built
1985
Listed By
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (GAMLS #10769698)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 19, 2026 | Listed by Chris McCall Realty | $129,900 | |
| Listed by Chris McCall Realty | |||
| Jul 17, 2024 | In contract | - | |
| In contract | |||
| Jul 17, 2024 | Sold | ||
| Sold | |||
| Jun 4, 2024 | Listed by EXP Realty LLC | $120,000 | |
| Listed by EXP Realty LLC | |||
| | |||
|
1 of 2 lots. Permits and Blueprints ready for your builder! Dig Ready. Existing Septic System on Site. Don't miss your chance to start on this project immediately. No reason to buy and wait. Call Johnny Phillips (678)316-0638 with questions or to schedule a showing today!
| |||
| Jan 2, 2024 | Sold | ||
| Sold | |||
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Property Highlights
Exterior Details
Lot Features: None
Lot Size Area: 18730.8
Lot Size Units: Square Feet
Lot Size Acres: 0.43
Lot Size Square Feet: 18730.8
Water Source: Public
Financial Details
Tax Annual Amount: $495
Utilities Details
Sewer : Septic Tank
Location Details
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
Price/ft²
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Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Hall
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Listed by: Cashen Whitlock, Chris McCall Realty
Last Updated: 5 months ago
Data Source: GAMLS, MLS# 10769698
Last Updated: 5 months ago
Data Source: GAMLS, MLS# 10769698
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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