Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    971 Harbins Road Dacula, GA 30019

    View on Map
    Claim this Listing
    For Sale
    $2,800,000

    COMMERCIAL - Dacula, GA

    Property size:
    2 SF
    Lot size:
    4.20 Acres
    Price / SF:
    $1,400,000/SF
    Added:
    Jan 24, 2025
    Days on Market:
    456
    Last Refresh:
    Apr 25 at 10:06 pm

    Property Features for 971 Harbins Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    R5278 006
    Size
    2 SF
    Lot size
    4.20 Acres

    Taxes and HOA fees

    Tax Year
    23
    Tax Annual Amount
    5459

    Utilities

    Utilities
    Water Available
    Sewer type
    Septic Tank
    Water source
    Public

    Building Details

    Year built
    2013
    Building materials
    Wood Siding
    Roof type
    Composition

    We can help!

    Listing Contact
    Jeff Barnwell

    Listing agent Jeff Barnwell License #160457

    Listing office RE/MAX Town & Country 29 E Savannah Street, GA

    Listing date Jan 24, 2025

    MLS# 10446295

    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.

    Overview

    Commercial Land Near Highway 316

    This commercially zoned property is located approximately 1/2 mile from Highway 316, past the Davis Rock Drive intersection. The land offers about 500 feet of road frontage and includes two structures. The 4.2-acre lot is level and open, making it suitable for development. Potential uses include mixed retail, office space, or a gas station. The property was previously used as a small assisted living home.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Restaurant Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Big Box & Wholesale Store Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dacula
    County
    Gwinnett
    State
    Georgia
    Longitude
    -83.887107
    Latitude
    33.966708

    Nearby Similar for Sale

    • $2,800,000
      2 SF

      Dacula Commercial Land For Sale

      4.2 acre commercial land near Hwy 316 in Dacula, GA.
      971 Harbins Road, Dacula, GA 30019
      View Details
    • $209,900

      Land in Dacula, Georgia

      2.98 acres of land perfect for building a private estate.
      Jack Pittman Road lot: 0, Dacula, GA 30019
      View Details
    • $575,000

      Prime Land in Dacula, GA

      2.5-acre commercial land with high development potential.
      3275 Old Peachtree Road, Dacula, GA 30019
      View Details
    • $499,900

      Two-Story Home in Dacula, GA

      Two-story home in swim/tennis community with tenant until 2027.
      1365 Slate Bend Drive, Dacula, GA 30019
      View Details
    • $1,250,000

      Dacula Land Investment Opportunity

      6.6 acres approved for 6 executive building lots.
      2903 Cammie Wages Road, Dacula, GA 30019
      View Details
    • $149,000

      Residential Lot in Mill Creek

      Residential lot in award-winning Mill Creek School District, Gwinnett County.
      3104 Brooksong Way, Dacula, GA 30019
      View Details
    • $209,900

      Land in Dacula, Georgia

      2.98 acres of land, perfect for building a private estate.
      Jack Pittman Road lot: 0, Dacula, GA 30019
      View Details
    • $99,000

      Residential Lot Near Dacula High

      Residential lot in the heart of Dacula, Gwinnett County.
      .46 ACRES Dacula Road, Dacula, GA 30019
      View Details
    • $1,500,000

      Dacula Land Near Innovation District

      7.47-acre M-1 zoned land near Highway 316.
      2602 Drowning Creek Road, Dacula, GA 30019
      View Details
    • $179,900

      Dacula, GA Buildable Corner Lot

      0.65 acre corner lot in the heart of Dacula.
      Fence Road, Dacula, GA 30019
      View Details
    • $1,200,000

      Spacious Residential Lot in Dacula

      7.63-acre residential lot with existing house in Dacula, GA.
      3033 Fence Road, Dacula, GA 30019
      View Details
    • $184,500

      Residential Land in Dacula, GA

      1.14-acre lot for a custom home near Hwy 316.
      1982 Fence Road, Dacula, GA 30019
      View Details

    FAQs

    What type of property is this?
    Commercial land - 4.2 acres of commercial land with road frontage.
    Where is this commercial land located?
    The property is located at 971 Harbins Road Dacula, GA.
    What is the asking price?
    The asking price for this property is $2,800,000.
    What are key features of this property?
    This property features: Zoned commercial location ideal for mixed retail, office, gas station, etc.; Boasting approximately 500 feet of road frontage.; Located just 1/2 mile from Hwy 316.
    (770) 990-0743
    We can help!
    Listing Contact
    Jeff Barnwell
    Real Estate License ID: 160457
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!