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    2317 Old Cornelia Highway Ext Gainesville, GA 30507

    For Sale
    $750,000

    High-traffic location, 2.18 acres, development ready.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 2.18-acre commercial property presents a remarkable investment opportunity in Gainesville, Georgia. Strategically located on Old Cornelia Highway, just off I-985, this corner lot boasts unparalleled visibility and accessibility. Its Highway Business zoning allows for a wide range of commercial developments, making it ideal for businesses seeking high-traffic exposure. The property's significant 180-foot frontage on Old Cornelia Highway ensures maximum visibility to passing motorists. Furthermore, the site is conveniently adjacent to an existing strip center, providing synergistic benefits and potential for collaborative ventures. All essential utilities are readily available, including sewer and water connections, simplifying the development process and minimizing upfront costs. This prime location offers exceptional potential for a variety of commercial uses, from retail establishments and restaurants to office spaces and light industrial facilities. The property's size and zoning make it an attractive prospect for developers seeking a high-impact location with significant growth potential. Don't miss this chance to acquire a highly desirable commercial property in a thriving area. Act quickly, as opportunities like this are rare.

    Property Features for 2317 Old Cornelia Highway Ext

    General Information

    Property type
    Other commercial real estate
    Lot Size
    94,961 SF

    Building Details

    Year Built
    2009
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Hair Salon Auto Repair Shop Nail Salon Hotel & Motel Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Hall - GA
    State
    Georgia
    Longitude
    -83.77934
    Latitude
    34.31499

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, 2.18 acres, development ready.
    Where is this commercial real estate located?
    The property is located at 2317 Old Cornelia Highway Ext Gainesville, GA.
    What is the asking price?
    The asking price for this property is $750,000.
    (404) 409-9777
    Request Owner's contact information
    2317 Old Cornelia Highway Ext Gainesville, GA 30507
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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

    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.

    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
    2317 Old Cornelia Highway Ext Gainesville, GA 30507
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