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    3453 Holcomb Bridge Rd Peachtree Corners, GA 30092

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    For Sale
    Contact for pricing

    Prime Norcross Office Building, Value-Add Opportunity

    Property size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional value-add opportunity presents a two-story, 6,000-6,400 square foot Class B office building situated on a 0.6-acre lot in the thriving Peachtree Corners/Norcross area of Gwinnett County, Georgia. Located at 3453 Holcomb Bridge Rd, zip code 30092, the property boasts a strategic location and currently enjoys 50% occupancy with three tenants under gross lease agreements. The building features 26 parking spaces and is zoned OI, providing flexibility for future development or expansion. Currently, rents are significantly below market rates, presenting a substantial opportunity for immediate income generation and future rent increases. The top floor is currently available for lease to a new tenant or for an owner-user to occupy, offering immediate potential for increased revenue. This multi-tenant building offers a compelling blend of immediate cash flow and long-term upside potential. The property's strong location and below-market rents create a unique opportunity for investors seeking a value-add project with immediate income. Rent bumps are permitted, further enhancing the investment potential. This is a rare chance to acquire a well-positioned office building in a high-growth area with significant upside.

    Property Features for 3453 Holcomb Bridge Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    6,000 SF
    Class
    B
    Lot Size
    26,136 SF

    Building Details

    Buildings
    1
    Stories
    2

    HighLights

    • 6,000‑6,400 SF Class B office building on a 0.6‑acre lot in Peachtree Corners/Norcross, GA.
    • Located at 3453 Holcomb Bridge Rd, 30092, with 50% occupancy and three tenants under gross leases.
    • Features 26 parking spaces and OI zoning, allowing for future development or expansion.
    • Below‑market rents offer immediate income generation and potential for rent increases.
    • Top floor available for lease or owner‑occupancy, increasing revenue potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Peachtree Corners
    County
    Gwinnett
    State
    Georgia
    Longitude
    -84.2441452
    Latitude
    33.9532374

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Norcross Office Building, Value-Add Opportunity
    Where is this office property / space located?
    The property is located at 3453 Holcomb Bridge Rd Peachtree Corners, GA.
    What are key features of this property?
    This property features: 6,000-6,400 SF Class B office building on a 0.6-acre lot in Peachtree Corners/Norcross, GA.; Located at 3453 Holcomb Bridge Rd, 30092, with 50% occupancy and three tenants under gross leases.; Features 26 parking spaces and OI zoning, allowing for future development or expansion.
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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
    3453 Holcomb Bridge Rd Peachtree Corners, GA 30092
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