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    4316 Buford Hwy Norcross, GA 30071

    Sponsored
    For Sale
    $2,680,000

    5.09 Acres, C-2 Zoning, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5.09-acre commercial lot in Norcross, Georgia, presents a remarkable investment opportunity. Located at 4316 Buford Hwy, this level corner lot boasts a highly desirable C-2 (General Business) zoning, allowing for a wide range of commercial uses. With its prominent location on Buford Highway, the property benefits from exceptionally high traffic counts. Potential uses include, but are not limited to, hotels/motels, gas stations, banks, retail stores, and small shopping centers. All utilities are available or readily accessible. The property's strategic position offers proximity to the Gwinnett Mall redevelopment project, a significant undertaking focused on housing, mobility, and greenspace, poised to further enhance the area's growth and value. APN: R6260-653 & R6260-011. This is a rare find – one of the very few remaining large, level commercial lots in Gwinnett County. The asking price is $2,680,000. This prime location and zoning make this an exceptional investment opportunity with significant potential for future appreciation.

    Property Features for 4316 Buford Hwy

    General Information

    Property type
    Land
    Lot Size
    221,720 SF

    HighLights

    • High‑traffic corner lot.
    • Level lot.
    • All utilities available or readily accessible.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Norcross
    County
    Gwinnett
    State
    Georgia
    Longitude
    -84.167466963623
    Latitude
    33.973681283976

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    FAQs

    What type of property is this?
    Land - 5.09 Acres, C-2 Zoning, High Traffic
    Where is this land located?
    The property is located at 4316 Buford Hwy Norcross, GA.
    What is the asking price?
    The asking price for this property is $2,680,000.
    What are key features of this property?
    This property features: High-traffic corner lot.; Level lot.; All utilities available or readily accessible.
    Request Owner's contact information
    4316 Buford Hwy Norcross, GA 30071
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    Norcross, GA 30071
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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
    4316 Buford Hwy Norcross, GA 30071
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