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

    851 Eva Kennedy Rd Suwanee, GA 30024

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $475,000

    Single-level, all-brick building with excellent visibility and convenient access.

    Lot size:
    0.50 Acres

    Property Features for 851 Eva Kennedy Rd

    General Information

    Standard status
    Active
    Lot size
    0.50 Acres

    Building Details

    Year built
    1979

    We can help!

    Listing Contact
    Elena Corbett
    Elena Corbett
    Source: Corcoran

    Listing Agency: Atlanta Communities Listing Agent: Elena Corbett

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

    Learn more

    Overview

    Freestanding Building in Suwanee Heart

    This freestanding, single-level, all-brick building is located in the heart of Suwanee, offering excellent visibility and convenient access to Medlock Bridge/Peachtree Industrial Rd. The location is surrounded by established residential communities and thriving commercial growth, providing strong demographics and easy access for staff and clients. The interior has been updated and features a conference room, three dedicated business offices with furnishings, and a staff kitchen and bathroom, both equipped with cabinetry. Previously used by a restoration contractor company, the property could be converted to medical office use, or a variety of professional and service-based uses. The property offers a wide private driveway, ample parking in the back of the building, an outbuilding for additional storage, and road frontage with approved signage on Eva Kennedy Rd.
    Location Intelligence

    Current Use by Public Records

    Filtered and Purified water ... Home Appliance Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Suwanee
    County
    Gwinnett
    State
    Georgia
    Longitude
    -84.0846505
    Latitude
    34.0532373

    Nearby Similar for Sale

    • $475,000
      1,083 SF

      Updated Office Building in Suwanee

      Freestanding, updated office building with excellent visibility and ample parking.
      851 Eva Kennedy Rd, Suwanee, GA 30024
      View Details
    • $475,000
      1,083 SF

      Suwanee Commercial Building For Sale

      Freestanding, updated commercial building in Suwanee with ample parking.
      851 Eva Kennedy Rd, Suwanee, GA 30024
      View Details
    • New
      $299,900
      1,170 SF

      Suwanee Office in Highland Station

      Suwanee office space in a thriving business community.
      530 Highland Station Dr, Suwanee, GA 30024
      View Details
    • $680,000
      2,453 SF

      Remodeled Office Condo in Suwanee

      Professionally remodeled office condo near I-85 and Sugarloaf Mills.
      1325 Satellite Blvd NW, Suwanee, GA 30024
      View Details
    • $680,000
      2,453 SF

      Remodeled Office Condo Near I-85

      Professionally remodeled office condo with easy access to surrounding cities.
      1325 Satellite Blvd NW, Suwanee, GA 30024
      View Details
    • Contact for pricing
      0.06 Acres

      Inviting One-Level Office Condo

      One-level office condo with natural light in Suwanee, GA.
      4300 Westbrook Rd, Suwanee, GA 30024
      View Details
    • Contact for pricing
      1,136 SF

      One-Level Office Condo For Sale

      One-level office condo with natural light in Suwanee, GA.
      4300 Westbrook Rd, Suwanee, GA 30024
      View Details
    • New
      $499,998
      1,800 SF

      Upscale Suwanee Office Condos

      Two office condos in Suwanee, great for investors or owners.
      4485 Tench Rd, Suwanee, GA 30024
      View Details
    • New
      $699,900

      Versatile Commercial Space in Suwanee

      Flexible commercial space in a high-growth Suwanee location.
      1300 Peachtree Industrial Blvd #1101, Suwanee, GA 30024
      View Details
    • Contact for pricing
      11,505 SF

      Turn-Key Dental Office Available 2025

      3,311 SF dental office in turn-key condition, available March 2025.
      2650 Lawrenceville Suwanee Rd, Suwanee, GA 30024
      View Details
    • $299,900

      Suwanee Office in Highland Station

      Office unit in a thriving Suwanee business community.
      530 Highland Station Dr, Suwanee, GA 30024
      View Details
    • $680,000

      Remodeled Office Condo at Sugarloaf

      Remodeled office condo near I-85, Gas South Arena, and Sugarloaf.
      1325 Satellite Blvd NW, Suwanee, GA 30024
      View Details

    FAQs

    What type of property is this?
    Office building - Single-level, all-brick building with excellent visibility and convenient access.
    Where is this office building located?
    The property is located at 851 Eva Kennedy Rd Suwanee, GA.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: - Excellent visibility and convenient access to major roads (Medlock Bridge/Peachtree Industrial Rd).; - Freestanding, single-level, all-brick building.; - Updated interior with **conference room, three furnished offices, kitchen, and bathroom.**
    (678) 467-1687
    Request Owner's contact information
    851 Eva Kennedy Rd Suwanee, GA 30024
    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.
    851 Eva Kennedy Rd
    Suwanee, GA 30024
    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
    851 Eva Kennedy Rd Suwanee, GA 30024
    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
    Elena Corbett
    Elena Corbett
    (678) 467-1687 (888) 959-9461 (678) 287-4800
    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!