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    1661 Friendship Rd Hoschton, GA 30548

    For Sale
    $3,600,000

    17 Acres, High-Growth Corridor, Redevelopment Potential

    Property size:
    5,989 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 17.67-acre commercial property in Hoschton, GA, presents a significant redevelopment opportunity. Located on the highly visible four-lane GA 347/Friendship Road, this strategically positioned land boasts over 600 feet of frontage within the Hall Gateway District, a visually appealing corridor featuring golf cart paths and architectural guidelines. The property benefits from its proximity to major thoroughfares, providing easy access to I-985 and I-85 via GA-211. Its location between established commercial areas on Spout Springs Road and Hwy 211, and just a mile from the Northeast Georgia Medical Center's Braselton campus and associated medical facilities, ensures high visibility and strong potential for future development. The area is also supported by a thriving residential community, including apartments and senior living facilities. While three residences currently occupy the site, the true value lies in the land's potential for commercial or mixed-use development. The rolling to sloping topography adds to its appeal. Utilities including water, electric, and gas are readily available on-site, with sewer access achievable via easement. Currently zoned Agriculture Residential IV, a proposed Comprehensive Plan update under review could reclassify the property within a Business Node and Corridor, further enhancing its development potential. The property is occupied

    Property Features for 1661 Friendship Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,989 SF
    Lot Size
    769,705 SF

    Building Details

    Year Built
    2011
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Nail Salon Clothing Store Food Market Grocery Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Hoschton
    County
    Hall - GA
    State
    Georgia
    Longitude
    -83.85355
    Latitude
    34.11461

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    FAQs

    What type of property is this?
    Commercial real estate - 17 Acres, High-Growth Corridor, Redevelopment Potential
    Where is this commercial real estate located?
    The property is located at 1661 Friendship Rd Hoschton, GA.
    What is the asking price?
    The asking price for this property is $3,600,000.
    (888) 959-9461
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    Realmo Value Estimation

    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

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    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.

    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
    1661 Friendship Rd Hoschton, GA 30548
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