Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Historic Home with Commercial Potential Title is generated by Realmo AI

    76 Jones Street, Norcross, GA 30071

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,250,000

    Versatile property in a desirable location with flexible income potential.

    Type:Commercial
    Property size:
    3,000 SF
    Lot size:
    0.45 Acres
    Price / SF:
    $416/SF
    Added:
    Jan 22, 2026
    Days on Market:
    119
    Last Refresh:
    Apr 3 at 8:10 pm

    Property Features for 76 Jones Street

    General Information

    Standard status
    Active
    Size
    3,000 SF
    Lot size
    0.45 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1885

    We can help!

    Listing Contact
    Kimberly Briggs

    Listing agent Kimberly Briggs License #409730

    Listing office Century 21 Results

    Listing date Jan 22, 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 Century 21 Results

    HighLights

    • Historic Mixed‑Use (HX) zoning allows for diverse commercial or residential uses.
    • Large 0.45‑acre lot in a rapidly developing commercial area.
    • Enjoy over 3,000 sq ft of living space with 4 bedrooms and 3 full bathrooms.
    • High visibility and strong surrounding commercial density.
    • Well‑preserved historic home with unique architectural details and character.
    • Built in 1885, offering a unique, high‑character property.

    Overview

    This distinctive property, currently a private residence, offers a blend of historical charm and future commercial potential. The stately historic home features over 3,000 square feet of living space, including 4 bedrooms and 3 full bathrooms, situated on a 0.45-acre lot. The property is located within a highly desirable Historic Mixed-Use (HX) zoning district. The residence retains its classic character with inviting living areas, spacious rooms, and architectural details. Its strategic zoning and location in a rapidly developing commercial area present an exceptional opportunity for various uses, including law, medical, or professional offices, boutique retail or specialty services, creative studios or co-working spaces, bed and breakfast, or short-term executive lodging. It also supports a live/work redevelopment concept. The property benefits from strong visibility, surrounding commercial density, and limited remaining historic properties in the area. This asset is ideal for investors, developers, or owner-users seeking a high-character property with flexible income-producing potential. The property can be used as-is, repositioned over time, or redeveloped within zoning guidelines. Properties with this level of versatility, lot size, and zoning are rare.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Norcross
    County
    Gwinnett
    State
    Georgia
    Longitude
    -84.212244
    Latitude
    33.941581

    Nearby Similar for Sale

    • $1,169,000
      4,192 SF

      Professional Office Building in Norcross

      4,192 SF office building in a unique wooded setting.
      783 Holcomb Bridge Road, Norcross, GA 30071
      View Details
    • $2,995,000
      15,500 SF

      Norcross Flex Warehouse For Sale

      Flex warehouse on 2.43 acres near major interstates.
      853 S Peachtree Street #107, Norcross, GA 30071
      View Details
    • $1,300,000

      Historic Downtown Norcross Commercial Gem

      Prime location, fully leased, updated systems, and buildout potential.
      35 S Peachtree Street, Norcross, GA 30071
      View Details
    • $850,000

      Norcross Quadraplex Investment Opportunity

      Well-maintained quadraplex in Gwinnett County with long-term tenants.
      5360 Century Trace, Norcross, GA 30093
      View Details
    • $850,000

      Well-Maintained Quadraplex in Norcross, GA

      Fully occupied quadraplex with long-term residents near Jimmy Carter.
      5360 Century Trace, Norcross, GA 30093
      View Details
    • $409,900

      Renovated Triplex in Norcross, GA

      Renovated triplex with two apartments, ideal for investors or families.
      1557 Village Drive, Norcross, GA 30093
      View Details
    • $1,169,000
      4,192 SF

      Professional Office Building in Norcross

      4,192 SF office building in a wooded setting.
      783 Holcomb Bridge Road, Norcross, GA 30071
      View Details
    • $99,000

      Office Building Lot For Sale

      Office building lot in Harold Cody Office Park, Norcross.
      3135 Medlock Bridge Road NW, Norcross, GA 30071
      View Details
    • $5,150,000
      20,622 SF

      Gwinnett County Flex Building For Sale

      20,622 SF industrial/office/flex building in Gwinnett County.
      3005 Business Park Dr, Norcross, GA 30071
      View Details
    • $1,595,000
      7,500 SF

      Office and Production Space Available

      7,500± SF office/production space with warehouse and convenient access.
      1410 Indian Trail Lilburn Rd, Norcross, GA 30093
      View Details
    • $1,595,000
      7,500 SF

      Office and Production Space Available

      7,500± SF office/production space with warehouse and convenient access.
      1410 Indian Trail Lilburn Rd, Norcross, GA 30093
      View Details
    • $1,300,000
      9,800 SF

      Multi-Tenant Industrial Investment Opportunity

      Fully leased industrial property in Norcross, GA, for sale.
      4590 S Berkeley Lake Rd NW, Norcross, GA 30071
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Versatile property in a desirable location with flexible income potential.
    Where is this mixed-use property located?
    The property is located at 76 Jones Street Norcross, GA.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: Historic Mixed‑Use (HX) zoning allows for diverse commercial or residential uses.; Large 0.45‑acre lot in a rapidly developing commercial area.; Enjoy over 3,000 sq ft of living space with 4 bedrooms and 3 full bathrooms.
    (770) 282-7172
    We can help!
    Listing Contact
    Kimberly Briggs
    Real Estate License ID: 409730
    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
    76 Jones Street, Norcross, GA 30071
    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!