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    5984 Norcross Tucker Rd Norcross, GA 30093

    Sponsored
    For Sale
    $3,200,000

    31,000 SF Vacant Office Building, $3.2M

    Property size:
    31,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a two-building, three-story office complex totaling 31,000 square feet, situated on a 1.42-acre lot in Norcross, Georgia. Currently vacant, this Class C property offers significant potential for redevelopment or immediate occupancy. The buildings underwent renovations in 2011. The property boasts 50 parking spaces, providing ample convenience for tenants and visitors. Zoned C-1, the property is ideally suited for a variety of uses, including general office space and medical practices. Its strategic location offers easy access to major transportation arteries, including I-85, just five minutes away. The property's proximity to prominent healthcare facilities, such as Lakeview Behavioral Hospital (11 minutes) and Northside Hospital Duluth (15 minutes), further enhances its appeal. The asking price is $3,200,000, translating to $103.23 per square foot. This fee-simple ownership opportunity presents a compelling investment prospect in a highly sought-after market. The address is 5984 S Norcross Tucker Rd, Norcross, GA 30093, within Gwinnett County.

    Property Features for 5984 Norcross Tucker Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    31,000 SF
    Class
    C
    Lot Size
    61,855 SF

    Building Details

    Year Renovated
    2011
    Buildings
    2
    Stories
    3

    HighLights

    • 5‑minute drive to I‑85.
    • 11‑minute drive to Lakeview Behavioral Hospital.
    • 15‑minute drive to Northside Hospital Duluth.
    Property Profile Location Intelligence

    Current Use by Public Records

    Moutra Heater Repairs Hot Water System Supplier

    Suggested Use

    Realty agency Law Firm Restaurant 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
    Norcross
    County
    Gwinnett
    State
    Georgia
    Longitude
    -84.2062032
    Latitude
    33.9001141

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    FAQs

    What type of property is this?
    Office Property / Space - 31,000 SF Vacant Office Building, $3.2M
    Where is this office property / space located?
    The property is located at 5984 Norcross Tucker Rd Norcross, GA.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: 5-minute drive to I-85.; 11-minute drive to Lakeview Behavioral Hospital.; 15-minute drive to Northside Hospital Duluth.
    Request Owner's contact information
    5984 Norcross Tucker Rd Norcross, GA 30093
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    Norcross, GA 30093
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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
    5984 Norcross Tucker Rd Norcross, GA 30093
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