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    5585 Peachtree Pkwy Peachtree Corners, GA 30092

    For Sale
    $250,000

    1.2-acre office development site in Norcross, GA

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.2-acre (±) office development site is ideally situated at 5585 Peachtree Parkway in Norcross, Georgia, within Gwinnett County (APN: Part of: R6285047 1132274). Zoned O-I, this fee simple property offers significant potential for developers seeking a prime location in a thriving area. The site boasts a pre-existing driveway and deceleration lane, simplifying development and enhancing accessibility. Its convenient location offers easy access to nearby Johns Creek and Duluth, providing excellent connectivity for future tenants. The property is situated behind an existing general practice medical office, suggesting a strong existing medical presence in the immediate vicinity. A shared driveway arrangement is in place, and all utilities are readily available, minimizing infrastructure development costs and expediting the construction process. This property presents a unique opportunity to capitalize on the high demand for office space in this rapidly growing area of Peachtree Corners, offering a compelling investment prospect for developers seeking a well-positioned and readily developable site. The asking price for this exceptional opportunity is $250,000.

    Property Features for 5585 Peachtree Pkwy

    General Information

    Property type
    Land
    Lot Size
    52,272 SF

    HighLights

    • $250,000 asking price.
    • 1.2‑acre office development site.
    • O‑I zoning.
    • Located in Peachtree Corners, GA (Norcross), Gwinnett County, 30092.
    • Fee simple ownership.
    • Part of APN R6285047 1132274.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Peachtree Corners
    County
    Gwinnett
    State
    Georgia
    Longitude
    -84.2229394
    Latitude
    33.9668077

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    FAQs

    What type of property is this?
    Land - 1.2-acre office development site in Norcross, GA
    Where is this land located?
    The property is located at 5585 Peachtree Pkwy Peachtree Corners, GA.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: $250,000 asking price.; 1.2-acre office development site.; O-I zoning.
    (770) 289-2792
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    5585 Peachtree Pkwy Peachtree Corners, GA 30092
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    Realmo Value Estimation

    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.

    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.

    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
    5585 Peachtree Pkwy Peachtree Corners, GA 30092
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