Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Buford Retail/Automotive Space Available Title is generated by Realmo AI

    1640 Buford Hwy, Buford, GA

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    8,000 SF former Auto Zone in Buford, GA.

    Type:RETAIL
    Property size:
    8,000 SF
    Lot size:
    1.36 Acres
    Added:
    Mar 26, 2025
    Days on Market:
    436
    Last Refresh:
    May 19 at 10:20 pm

    Property Features for 1640 Buford Hwy

    General Information

    Standard status
    Active
    Size
    8,000 SF
    Lot size
    1.36 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 1640 Buford Hwy Contact us

    We can help!

    Listing Contact
    Adam DeWit

    Listing agent Adam DeWit

    Listing office The Quin Group, Inc.

    Listing date Mar 26, 2025

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of The Quin Group, Inc.

    HighLights

    • Excellent visibility and access
    • 8,000 Sq Ft former Auto Zone
    • Pylon Sign on Buford Highway
    • Zoned C2
    • In the City of Buford

    Overview

    This 8,000 square foot property, formerly an Auto Zone, is located in the city of Buford. The property is zoned C2 and offers excellent visibility and access. A pylon sign is located on Buford Highway.
    Property Profile Location Intelligence

    Current Use by Public Records

    Automotive properties

    Suggested Use

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

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

    Similar Places Nearby

    • Tool & Truck Rental Center at The Home Depot — 4120 GA-20, Buford, GA 30518
    • U-Haul Neighborhood Dealer — 1325 Buford Hwy STE 105, Buford, GA 30518
    • SJ 아틀란타 한인 렌터카 | SJ Rent-a-Car — 4135 Buford Dr Unit #B, Buford, GA 30518
    • Thrifty Car Rental - Tsh Buford TLE — 4125 Buford Dr, Buford, GA 30518
    • Enterprise Rent-A-Car — 4083 S Lee St, Buford, GA 30518

    Location Insight

    • Map
    • Local Demand
    City
    Buford
    County
    Gwinnett
    State
    Georgia
    Longitude
    -84.0101
    Latitude
    34.1002

    Nearby Similar for Lease

    • $10 SF/Yr
      11,461 SF

      Buford Highway Flex Warehouse Suites

      Two office/flex warehouse suites available for lease in Buford, GA.
      1839 Buford Highway Northeast, Buford, GA 30518
      View Details
    • $36 SF/Yr
      200 SF

      Executive Office Suites For Lease

      Professional office suites in Buford, GA, available April 2026.
      4482 Commerce Dr, Buford, GA 30518
      View Details
    • $12 SF/Yr
      8,000 SF

      Buford Flex Space For Rent

      8,000 sq ft flex space with M-1 zoning.
      4908 Golden Parkway, Buford, Georgia 30518
      View Details
    • Contact for pricing
      151,570 SF

      Sublease Opportunity in Buford, GA

      151,570 SF industrial space available for sublease in Buford.
      4295 Hamilton Mill Road, Buford, GA 30518
      View Details
    • Contact for pricing
      208,656 SF

      Buford Industrial Facility For Lease

      208,656 SF industrial facility with fenced yard in Buford, GA.
      1700 Broadmoor Blvd, Buford, GA 30518
      View Details
    • Contact for pricing
      151,570 SF

      Buford Distribution Center Sublease Opportunity

      151,570 SF distribution space available for sublease in Buford, GA.
      4295 Hamilton Mill Road, Buford, GA 30518
      View Details
    • $3,898/Mo

      Commercial Space in Buford, GA

      Commercial space available for rent in Buford, Georgia.
      55 Scott Street 200, Buford, GA 30518
      View Details
    • Contact for pricing
      202,205 SF

      Buford Warehouse Space for Lease

      202,205 SF warehouse space available Q1 2026 in Buford.
      1672 Plunketts Rd, Buford, GA 30519
      View Details
    • Contact for pricing
      202,205 SF

      Buford Warehouse Space For Lease

      202,205 SF warehouse space available Q1 2026.
      1672 Plunketts Rd, Buford, GA 30519
      View Details
    • $8 SF/Yr

      Buford Warehouse Space Available

      Warehouse space for rent in Buford, Georgia.
      2000 Buford Mill Drive, Buford, GA 30518
      View Details
    • Contact for pricing
      131,042 SF

      Northeast Atlanta Warehouse Space

      Warehouse space available for lease in Northeast Atlanta.
      4305 Hamilton Mill Rd, Buford, GA 30518
      View Details
    • Contact for pricing
      131,042 SF

      Buford Warehouse Space For Lease

      Warehouse space available for lease in Buford, GA.
      4305 Hamilton Mill Rd, Buford, GA 30518
      View Details

    FAQs

    What type of property is this?
    Automotive property - 8,000 SF former Auto Zone in Buford, GA.
    Where is this automotive property located?
    The property is located at 1640 Buford Hwy Buford, GA.
    What are key features of this property?
    This property features: Excellent visibility and access; 8,000 Sq Ft former Auto Zone; Pylon Sign on Buford Highway
    (770) 448-3385 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Adam DeWit
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    1640 Buford Hwy, Buford, GA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!