Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2528 Pharr Ave Dacula, GA 30019

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $325,000

    Vacant 0.84-acre lot in Dacula, GA, for sale.

    Lot size:
    0.84 Acres

    Property Features for 2528 Pharr Ave

    General Information

    Lot size
    0.84 Acres

    We can help!

    Listing Contact
    Jake Creviston
    Source: Svn

    Listing Agent: Jake Creviston

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Cleared Lot in Atlanta MSA

    Located at 2528 Pharr Ave, Dacula, GA 30019, this vacant and cleared 0.84-acre lot presents a prime investment opportunity within the Atlanta MSA area. The property is fenced for security and convenience. Zoned for office and institutional use, the land is suitable for developing a modern office building, medical facility, or educational institution. The location is on Pharr Road and Church Street, less than a 1/4 mile from Business 29, and in close proximity to the new City Hall Amphitheater. The area is rapidly developing. The property is within the City of Dacula and has a VPD of 11,300.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Dacula
    County
    Gwinnett
    State
    Georgia
    Longitude
    -83.8946288
    Latitude
    33.9873056

    Nearby Similar for Sale

    • $2,600,000
      44.93 Acres

      Picturesque Ranch Home on Acres

      Updated ranch home on 45 acres near GA Hwy 316.
      610 Loth Wages Rd, Dacula, GA 30019
      View Details
    • Contact for pricing
      175,007 SF

      Dacula Warehouse Space For Lease

      175,007 SF warehouse space available for lease in Dacula, GA.
      1935 Stanley Rd -, Dacula, GA 30019
      View Details
    • Contact for pricing
      201,748 SF

      201,748 SF Industrial Space

      201,748 SF industrial space for lease in Dacula, GA.
      1935 Stanley Rd -, Dacula, GA 30019
      View Details
    • Contact for pricing

      Specialty Property in Dacula, Georgia

      Specialty property available for sale in Dacula, Georgia.
      1200 Winder Hwy, Dacula, GA 30019
      View Details
    • $650,000
      4,032 SF

      Dacula Commercial Building - Great Location

      Turnkey Office Space, High Visibility
      3043 Braselton Hwy, Dacula, GA 30019
      View Details
    • $149,000
      0.48 Acres

      Dacula Commercial Land - Prime Location

      High-visibility corner lot, endless possibilities.
      291 Harbins Rd, Dacula, GA 30019
      View Details
    • Contact for pricing

      Dacula Salon - Turnkey Business

      Established Salon, High Revenue, Prime Location
      Auburn Rd, Dacula, GA 30019
      View Details
    • $3,936,000
      15.20 Acres

      Dacula Commercial Land - 15 Acres

      Prime Dacula location, 15.2 acres, high visibility.
      1092 Harbins Rd, Dacula, GA 30019
      View Details
    • $1,792,136
      6.64 Acres

      Dacula Commercial Land - 6.64 Acres

      Prime Dacula location, high-growth potential.
      1142 Harbins Rd, Dacula, GA 30019
      View Details
    • $104,900

      Dacula, GA Turnkey Salon Business

      Profitable, established salon; prime location.
      0 Auburn Rd, Dacula, GA 30019
      View Details
    • $4,250,000
      13,467 SF

      Dacula Daycare Center - $4.25M

      13,467 SF Daycare, Vacant, Excellent Location
      495 Harbins Rd, Dacula, GA 30019
      View Details
    • $1,756,000
      6.78 Acres

      Dacula Commercial Land - Huge Potential

      6.78 Acres, High-Traffic Location, Development Ready
      1072 Harbins Rd, Dacula, GA 30019
      View Details

    FAQs

    What type of property is this?
    Land - Vacant 0.84-acre lot in Dacula, GA, for sale.
    Where is this land located?
    The property is located at 2528 Pharr Ave Dacula, GA.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: - Prime .84-acre vacant and cleared lot in a rapidly developing area within the Atlanta MSA.; - Zoned for office and institutional use, offering versatile development options such as an office building, medical facility, or educational institution.; - Fenced property providing security and convenience.
    (770) 557-5206
    Request Owner's contact information
    2528 Pharr Ave Dacula, GA 30019
    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.
    2528 Pharr Ave
    Dacula, GA 30019
    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
    2528 Pharr Ave Dacula, GA 30019
    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

    We can help!
    Listing Contact
    Jake Creviston
    Real Estate License ID: #365989
    (770) 557-5206
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.