Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Snellville Commercial Building on Corner Title is generated by Realmo AI

    3190 SW Industrial Way, Snellville, GA 30039

    View on Map
    Claim this Listing
    For Sale
    $1,425,000

    8,100 SF commercial building on 1-acre corner lot.

    Type:Commercial
    Property size:
    8,100 SF
    Lot size:
    1.00 Acre
    Price / SF:
    $175/SF
    Added:
    Mar 12, 2026
    Days on Market:
    81
    Last Refresh:
    Apr 4 at 8:09 pm

    Property Features for 3190 SW Industrial Way

    General Information

    Standard status
    Active
    Size
    8,100 SF
    Lot size
    1.00 Acre
    Property subtype
    Commercial

    Building Details

    Year Built
    1996

    We can help!

    Listing Contact
    Gilda Marchena
    Gilda Marchena

    Listing agent Gilda Marchena License #371292

    Listing office UC Premier Properties

    Listing date Mar 12, 2026

    Source Corcoran

    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 UC Premier Properties

    HighLights

    • Highly visible corner lot location on Lenora Church Road corridor, minutes from Highway 78 and Scenic Highway.
    • 8,100 SF commercial building zoned LM (Light Manufacturing) allowing for diverse commercial/industrial uses.
    • Heated and cooled warehouse areas, full sprinkler system, and four bay doors for operational flexibility.
    • 1‑acre lot with 35 parking spaces and recently resurfaced parking area.
    • Recently painted building and updated HVAC system indicating strong upkeep.
    • Suitable for owner‑occupants or investors in a growing commercial corridor.

    Overview

    Located at 3190 Industrial Way in Snellville, GA, this 8,100 SF commercial building is situated on a 1-acre corner lot. It is positioned along the highly visible Lenora Church Road corridor, providing excellent accessibility and exposure. The property is located minutes from Highway 78 and Scenic Highway. Zoned LM (Light Manufacturing), the property allows for a wide variety of commercial and light industrial uses, making it suitable for owner-occupants or investors. The building features heated and cooled warehouse areas, a full sprinkler system, and four bay doors, offering flexibility for multiple operational needs. The site includes 35 parking spaces. The parking area has been recently resurfaced, and the building has been recently painted. The HVAC has been updated, reflecting strong upkeep and overall excellent condition. This versatile property offers strong functionality, visibility, and a strategic location within a growing commercial corridor.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Law Firm Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy Big Box & Wholesale Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Snellville
    County
    Gwinnett
    State
    Georgia
    Longitude
    -83.9918
    Latitude
    33.7958

    Nearby Similar for Sale

    • $149,900
      3,404 SF

      Snellville Land For Sale

      One acre of land suitable for professional or office use.
      925 Dogwood Road, Snellville, GA 30078
      View Details
    • $970,000

      Snellville Quadruplex: Fully Occupied

      Fully occupied Snellville quadruplex with strong rental income.
      3113 Destin Circle, Snellville, GA 30078
      View Details
    • $345,000

      Snellville Multifamily Investment Opportunity

      Two-unit property with long-term tenants in Snellville, Georgia.
      3550 Drum Roll Lane, Snellville, GA 30039
      View Details
    • $440,000

      Snellville Duplex Investment Opportunity

      Renovated duplex in Gwinnett County with tenants in place.
      3153 Dove Court, Snellville, GA 30078
      View Details
    • $2,800,000

      Civic Institutional Property For Sale

      Versatile property suitable for church, school, medical office, or daycare.
      A-3005 Lenora Church Rd, Snellville, GA
      View Details
    • $1,775,000

      Updated Church Facility on 7+ Acres

      Beautiful, updated church on 7+ acres in thriving community.
      3800 Lenora Church Road, Snellville, GA 30039
      View Details
    • $440,000

      Snellville Commercial Space For Sale

      Well-maintained commercial space in downtown Snellville with medical office setup.
      2407 Lenora Church Road, Snellville, GA 30078
      View Details
    • $799,900
      7,988 SF

      Snellville Retail/Office Building on Acreage

      Freestanding 7988 SF retail/office building on 0.94-acre lot.
      4500 Anderson Livsey Lane, Snellville, GA 30039
      View Details
    • $4,000,000
      12,386 SF

      Legacy Academy Investment Opportunity

      Sale-leaseback opportunity: Legacy Academy in Snellville, Georgia.
      1560 Summit Chase Drive, Snellville, GA 30078
      View Details
    • $2,364,000
      782 SF

      Retail Space For Sale

      Retail space available, 782 SqFt, 5.50% CAP Rate.
      1947 Scenic Hwy N, Snellville, GA 30078
      View Details
    • $425,000

      Snellville Quadruplex Investor Opportunity

      Quadruplex in Snellville, Georgia, with renovation potential.
      4540 Lee Road, Snellville, GA 30039
      View Details
    • $350,000
      2,032 SF

      Snellville Commercial Property For Sale

      Commercial property in downtown Snellville with high visibility.
      2149 Scenic Highway, Snellville, GA 30078
      View Details

    FAQs

    What type of property is this?
    Warehouse - 8,100 SF commercial building on 1-acre corner lot.
    Where is this warehouse located?
    The property is located at 3190 SW Industrial Way Snellville, GA.
    What is the asking price?
    The asking price for this property is $1,425,000.
    What are key features of this property?
    This property features: Highly visible corner lot location on Lenora Church Road corridor, minutes from Highway 78 and Scenic Highway.; 8,100 SF commercial building zoned LM (Light Manufacturing) allowing for diverse commercial/industrial uses.; Heated and cooled warehouse areas, full sprinkler system, and four bay doors for operational flexibility.
    (404) 907-6144
    We can help!
    Listing Contact
    Gilda Marchena
    Gilda Marchena
    Real Estate License ID: 371292
    Learn More
    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
    3190 SW Industrial Way, Snellville, GA 30039
    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!