Commercial Land with Road
For Sale
$375,000
2429 Scenic Highway, Snellville, GA 30078
COMMERCIAL - Snellville, GA
Property Size1,360 SF
Lot Size5.14 Acres
Price / SF$275.74
Days on Market47
Property Features for 2429 Scenic Highway
General Information
Property type
Commercial Sale
Property subtype
Office
Parking
4
Lot features
Level
Directions
Google and Apple Maps Accurate.
Standard status
Active
APN
R5006 004A
Size
1,360 SF
Lot size
5.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2723
Utilities
Sewer type
Public Sewer
Cooling system
Wall Unit(s)
Water source
Public
Building Details
Year built
1936
Flooring type
Hardwood
Building materials
Wood Siding
Additional Structures
Workshop
Listing Agency:
Keller Williams Premier · Keller Williams Realty
(678) 487-1600
Listed By:
Tiffney Riffle · License #401816
(470) 286-2912
Added: Jun 15
Changed: Jul 14
Last Checked: Jul 31 at 6:06PM
MLS# 10786093
Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This redevelopment offering consists of commercial land totaling 5.14 acres, featuring a 1936 vintage home and an existing barn/workshop structure. The home may be restored and repurposed into office or other business uses, or removed to expand the redevelopment footprint, subject to applicable approvals. A portion of the property borders a creek and includes some floodplain, while the main frontage area presents the most direct opportunity for improved site planning.
The property is currently zoned RS-180 (Residential) and is located on Scenic Highway 124 with over 400 feet of road frontage, supporting strong visibility for prospective uses. Public sewer access is available at the road, which can reduce certain infrastructure hurdles during development. The surrounding area includes nearby residential and commercial activity, including townhomes directly behind the property and an adjacent home converted into a salon/business use.
For interested parties, the site’s existing improvements and frontage-to-sewer configuration make it a practical base for a range of redevelopment concepts, with final direction dependent on zoning and city approvals.
The property is currently zoned RS-180 (Residential) and is located on Scenic Highway 124 with over 400 feet of road frontage, supporting strong visibility for prospective uses. Public sewer access is available at the road, which can reduce certain infrastructure hurdles during development. The surrounding area includes nearby residential and commercial activity, including townhomes directly behind the property and an adjacent home converted into a salon/business use.
For interested parties, the site’s existing improvements and frontage-to-sewer configuration make it a practical base for a range of redevelopment concepts, with final direction dependent on zoning and city approvals.
Key Highlights
- 5.14‑acre property on Scenic Highway 124 with over 400 feet of road frontage
- Currently zoned RS‑180 (Residential)
- Public sewer access available at the road
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.5k | $23.87 |
| − Vacancy | −$8.2k | −$6.02 |
| EGI | $24.3k | $17.85 |
| − OpEx | −$6.1k | −$4.46 |
| NOI | $18.2k | $13.39 |
1,360 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$260.2K
$227.7K – $303.5K
NOI $18,212 @ 7.0% cap · market cap 4.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$380.2K
$332.7K – $443.5K
NOI $26,612 @ 7.0% cap · market cap 7.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,904
Businesses Nearby
Explore this area
Business Placement
Demographics for 30078, GA
38,350
Population
13,784
Households
2.8
Avg Household Size
39
Median Age
42%
College-Educated
91%
High-School Grad
17.3 sq mi
ZIP Area
2,217
Density / Sq Mi
$90,054
Median Household Income
$44,657
Median Earnings
$1,641
Median Rent
$316,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Redevelopment site with a 1936 vintage home, barn/workshop, and public sewer access available at the road.
Where is this office units located?
The property is located at 2429 Scenic Highway Snellville, GA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 5.14‑acre property on Scenic Highway 124 with over 400 feet of road frontage; Currently zoned RS‑180 (Residential); Public sewer access available at the road
