Commercial Land with Adjoining
For Sale
$825,000
5646 Price Road, Gainesville, GA 30506
Commercial Sale, Gainesville, GA
Property Size3,060 SF
Lot Size0.93 Acres
Price / SF$269.61
Days on Market140
Property Features for 5646 Price Road
General Information
Property type
Residential
Property subtype
Retail
Zoning
S-S
Parking
8
Parking features
Parking Lot
Security features
Security Lighting
Interior features
Restrooms
Fencing
Chain Link
Lot features
Sloped
Directions
Take HWY 400/19 north to Dawsonville to State Rd 9 E go right follow to 136/Price Rd. Slight right at stop sign. Continue to the property on the left.
Standard status
Active
APN
10012 000002A
Size
3,060 SF
Lot size
0.93 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3143
Utilities
Utilities
Electricity Available
Heating system
Central
Cooling system
Central Air, Window Unit(s)
Building Details
Year built
1970
Floors in Building
1
Flooring type
Vinyl
Listing Agency:
Atlanta Communities
(770) 240-2001
Listed By:
DAVID MILLER · License #340692
(404) 931-7529
Added: Jun 14
Changed: Oct 27
Last Checked: Oct 31 at 7:06PM
MLS# 7788084
Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This commercial land offering encompasses a 0.93-acre parcel and includes an adjoining 1.423-acre parcel. Existing improvements include a 3,060-square-foot structure built in 1970, with restrooms, vinyl flooring, central heating, window-unit and central air conditioning, a parking lot, and chain-link fencing. Electricity is available, and the property has S-S zoning.
The site is located on Price Road in Gainesville, with access to Lake Lanier, Dawsonville, and the North Georgia Premium Outlets. Its address is 5646 Price Road, Gainesville, GA 30506, in Hall County. The combination of land, existing improvements, and an additional adjoining parcel provides a range of commercial development considerations subject to zoning.
The site is located on Price Road in Gainesville, with access to Lake Lanier, Dawsonville, and the North Georgia Premium Outlets. Its address is 5646 Price Road, Gainesville, GA 30506, in Hall County. The combination of land, existing improvements, and an additional adjoining parcel provides a range of commercial development considerations subject to zoning.
Key Highlights
- 0.93‑acre commercial land parcel
- Additional adjoining 1.423‑acre parcel included
- Existing 3,060‑square‑foot structure built in 1970
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,279
Cap Rate
4.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$705,580
$705.6K
Cap Rate 7%
$503,986
$504.0K
Cap Rate 9%
$391,989
$392.0K
Market Conditions
NOI Build-Up for 3,060 SF
Gross rent
$55.1K $18.00/SF
− Vacancy
−$4.7K −$1.53/SF
EGI
$50.4K $16.47/SF
− OpEx
−$15.1K −$4.94/SF
NOI
$35.3K $11.53/SF
Area
Hall County, GA
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$705,580
Cap Rate 7%
$503,986
Cap Rate 9%
$391,989
Alternative Uses
Best Use
Retail
$504.0K
$441.0K – $588.0K
NOI $35,279 @ 7.0% cap · market cap 4.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$857.0K
$749.8K – $999.8K
NOI $59,987 @ 7.0% cap · market cap 7.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
Explore this area
Business Placement
Demographics for 30506, GA
45,215
Population
18,876
Households
2.4
Avg Household Size
43
Median Age
38%
College-Educated
91%
High-School Grad
100.5 sq mi
ZIP Area
450
Density / Sq Mi
$95,224
Median Household Income
$44,824
Median Earnings
$1,323
Median Rent
$363,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Commercial land - S-S-zoned commercial land with an adjoining parcel, existing improvements, parking, and electricity available.
Where is this commercial land located?
The property is located at 5646 Price Road Gainesville, GA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 0.93‑acre commercial land parcel; Additional adjoining 1.423‑acre parcel included; Existing 3,060‑square‑foot structure built in 1970
