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    3005 Business Park Dr Norcross, GA 30071

    For Sale
    $5,150,000

    20,622 SF Industrial/Office/Flex building in Gwinnett County.

    Property size:
    20,622 SF

    Property Features for 3005 Business Park Dr

    General Information

    Size
    20,622 SF

    Building Details

    Year built
    1999

    Source: Eric T. Smith, MBA Agent Eric T. Smith, MBA

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

    Overview

    Gwinnett County Flex Building For Sale

    Located in Gwinnett County, the property at 3005 Business Park Drive, Norcross, GA 30071, is a 20,622 square foot industrial/office/flex building constructed in 1999. The two-story building includes 16,122 square feet of office space. It features one dock-high and one drive-in loading door, with a clear height of 20 feet. The property has 30 parking spaces and 4,500 Amps of power. The flooring consists of a 9-inch slab. Situated on a 1.5-acre land area, the building has a new roof installed in December 2021. Zoned M1, this property is an investment opportunity with a current lease expiring in 2030 and two renewal options.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Safran Data Systems, ... Aerospace Company

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Norcross
    County
    Gwinnett
    State
    Georgia
    Longitude
    -84.2085831
    Latitude
    33.9552294

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    FAQs

    What type of property is this?
    Flex space - 20,622 SF Industrial/Office/Flex building in Gwinnett County.
    Where is this flex space located?
    The property is located at 3005 Business Park Dr Norcross, GA.
    What is the asking price?
    The asking price for this property is $5,150,000.
    What are key features of this property?
    This property features: - Investment opportunity with a **7.20% cap rate** and lease in place until 2030 with renewal options.; - Large, versatile **20,622 SF** industrial/office/flex building suitable for various business needs.; - Substantial office space (16,122 SF) within the building.
    (404) 451-3678
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    3005 Business Park Dr Norcross, GA 30071
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    Norcross, GA 30071
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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
    3005 Business Park Dr Norcross, GA 30071
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