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    4685 Lee St Buford, GA 30518

    For Sale
    $799,900

    Historic Buford, GA Retail Investment Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail property, located at 4685 S Lee Street in Buford, Georgia, presents a compelling investment opportunity. The property consists of three buildings totaling approximately 2500 square feet on a 0.6-acre lot. Built in 1989, this freestanding complex boasts a strong history, having served as a restaurant location for over 30 years. A new five-year lease commenced in May 2022, ensuring immediate income potential. Situated within the historic city limits of Buford, Georgia, this property benefits from high visibility and convenient access. The asking price is $799,900, and owner financing may be available, making this an attractive proposition for investors seeking a stable, income-generating asset in a desirable location. The property is also available for lease, offering additional flexibility for potential buyers. This prime retail space in Gwinnett County, Georgia, zip code 30518, presents a rare chance to acquire a well-established commercial property with significant upside potential. The property's location within the historic Buford city limits offers a unique blend of established business and charming community appeal. This is an excellent opportunity for investors seeking a strong return on investment in a thriving market.

    Property Features for 4685 Lee St

    General Information

    Property type
    Retail properties
    Lot Size
    26,136 SF

    Building Details

    Year Built
    1989
    Buildings
    3

    HighLights

    • $799,900 asking price.
    • Retail property type.
    • 1989 year built.
    • Three buildings on a 0.6‑acre lot.
    • Located at 4685 S Lee Street, Buford, GA 30518.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Fallin' Bones Smokehouse Restaurant Latin Grill Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Buford
    County
    Gwinnett - GA
    State
    Georgia
    Longitude
    -84.0064259
    Latitude
    34.1139388

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    FAQs

    What type of property is this?
    Retail property - Historic Buford, GA Retail Investment Opportunity
    Where is this retail property located?
    The property is located at 4685 Lee St Buford, GA.
    What is the asking price?
    The asking price for this property is $799,900.
    What are key features of this property?
    This property features: $799,900 asking price.; Retail property type.; 1989 year built.
    Request Owner's contact information
    4685 Lee St Buford, GA 30518
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    Buford, GA 30518
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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
    4685 Lee St Buford, GA 30518
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