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

    5707 Peachtree Pkwy Norcross, GA 30092

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail development opportunity in a dynamic Atlanta market.

    Property size:
    3 SF
    Lot size:
    3 SF

    Property Features for 5707 Peachtree Pkwy

    General Information

    Standard status
    Active
    Size
    3 SF

    We can help!

    Listing Contact
    Daniel Duque
    Source: Cbre

    Listing Agent: Daniel Duque

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

    Learn more

    Overview

    Retail Opportunity in Peachtree Corners

    This development offers a unique opportunity for retailers to establish a presence in a growing Atlanta market. The property is strategically located and benefits from strong demographics. Its proximity to existing retail developments enhances its appeal. There is potential for retail conversion, positioning the property to become a key retail destination in Peachtree Corners. The property size is 3 acres.
    Location Intelligence

    Current Use by Public Records

    Emory Eastside Medical ... Physician Emory Parkway Medical ... Physician CarMax CEC Corporate Office Parallon Business Solutions Association Or Organization

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Auto Repair Shop Big Box & Wholesale Store Hair Salon Nail Salon

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

    Similar Places Nearby

    Holcomb 400 Shopping Center, Centre Stage Shopping Center, Georgia MV Express Tag Kiosk, Corners Court Shopping Center, Peachtree Square Shopping Center

    Location Insight

    • Map
    • Local Demand
    City
    Norcross
    County
    Gwinnett
    State
    Georgia
    Longitude
    -84.2267725
    Latitude
    33.9629316

    Nearby Similar for Lease

    • $3,750 /Mo
      108,900,000 SF

      Move-in Ready Office Space Available

      Strategically located office space with private offices, conference room, and parking.
      4729 Peachtree Industrial Blvd, Norcross, GA 30092
      View Details
    • $350 /Mo

      Office Space Near Downtown Norcross

      Charming office space in well-maintained building near historic downtown.
      460 S Peachtree St, Norcross, GA 30071
      View Details
    • $2,800 /Mo
      33,977 SF

      Prime Norcross Office Space Available

      Excellent location for insurance, tax, or general office use.
      500 W Peachtree St, Norcross, GA 30071
      View Details
    • $12,800 /Mo

      Norcross Event Hall For Lease

      9,000 SF event hall in prime location for lease.
      4142 Jimmy Carter Blvd, Norcross, GA 30093
      View Details
    • Sponsored
      Contact for pricing

      The Avenue Forsyth

      Flexible workspace in San Jose Airport
      410 Peachtree St, Parkway, GA 30041
      View Details
    • $18 SF/Yr

      Gwinnett Walk Shopping Center

      Retail Space for Lease
      3466 Holcomb Bridge Rd, Norcross, GA 30092
      View Details
    • Contact for pricing

      Peachtree Corners Office Space Available

      Office space in Peachtree Corners with easy highway access.
      6625 The Corners Pkwy Northwest, Norcross, GA 30092
      View Details
    • Contact for pricing

      Warehouse/Distribution Space For Lease

      14,426 SF warehouse/distribution space available for lease.
      6610 Bay Cir, Norcross, GA 30071
      View Details
    • Contact for pricing

      Commercial Space Available For Sublease

      Commercial space available for sublease in Norcross, Georgia.
      4487 Park Dr, Norcross, GA 30093
      View Details
    • Contact for pricing

      Peachtree Corners Sublease Opportunity

      Office space available for sublease in Peachtree Corners.
      4955 Avalon Ridge Pkwy, Norcross, GA 30071
      View Details
    • $25 SF/Yr

      Peachtree Parkway Medical/Office Suites

      Medical and office suites available for lease on Peachtree Parkway.
      5635 Peachtree Pkwy, Norcross, GA 30092
      View Details
    • $18 SF/Yr

      Versatile Office/Retail Space Available

      Multi-purpose space for lease near Peachtree Industrial Blvd and Medlock Bridge Road.
      5390 Peachtree Industrial Blvd, Norcross, GA 30071
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail development opportunity in a dynamic Atlanta market.
    Where is this shopping center located?
    The property is located at 5707 Peachtree Pkwy Norcross, GA.
    What are key features of this property?
    This property features: - Strategic location in a dynamic and growing Atlanta market.; - Potential for retail conversion.; - Proximity to existing retail developments.
    (404) 812-5176
    Request Owner's contact information
    5707 Peachtree Pkwy Norcross, GA 30092
    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.
    5707 Peachtree Pkwy
    Norcross, GA 30092
    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
    5707 Peachtree Pkwy Norcross, GA 30092
    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
    Daniel Duque
    Real Estate License ID: GA 401653
    (404) 812-5176 (404) 504-7900
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!