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    1959 Duluth Hwy Duluth, GA 30096

    Sponsored
    For Sale
    $1,890,000

    Prime 1.7-acre commercial lot, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.732-acre commercial property is ideally situated at 1959 Duluth Hwy in Duluth, Georgia (zip code 30096), directly in front of Sugarloaf Mills Mall. The property boasts unparalleled visibility from Duluth Highway 120, at the intersection of Atkinson Road, nestled between Burger King and Discount Tire, and across from Zaxby's and a Shell gas station. The location benefits from high traffic counts and proximity to major retailers such as AMC Theatres, Dave & Buster's, Medieval Times, Bass Pro Shops, and Burlington. This C-2 zoned lot offers a multitude of development possibilities. Gwinnett County has already approved plans for a hotel or extended-stay hotel, up to 62,000 square feet. However, the versatile zoning also allows for a wide range of uses, including but not limited to: multiple quick-service restaurants, full-service restaurants, retail spaces, banking facilities, automotive services (such as car washes or repair shops), cell phone stores, animal clinics, urgent care centers, and oil change businesses. The asking price for this exceptional opportunity is $1,890,000. This property presents a unique investment chance in a thriving commercial area with significant growth potential.

    Property Features for 1959 Duluth Hwy

    General Information

    Property type
    Restaurants
    Lot Size
    75,446 SF

    HighLights

    • $1.89M asking price
    • High‑traffic location with excellent visibility
    • Strong tenant occupancy rates
    • Significant upside potential through lease renewals and rent increases
    • Well‑maintained building with recent capital improvements
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Duluth
    County
    Gwinnett
    State
    Georgia
    Longitude
    -84.081629391032
    Latitude
    33.977866923571

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    FAQs

    What type of property is this?
    Restaurant - Prime 1.7-acre commercial lot, high visibility.
    Where is this restaurant located?
    The property is located at 1959 Duluth Hwy Duluth, GA.
    What is the asking price?
    The asking price for this property is $1,890,000.
    What are key features of this property?
    This property features: $1.89M asking price; High-traffic location with excellent visibility; Strong tenant occupancy rates
    Request Owner's contact information
    1959 Duluth Hwy Duluth, GA 30096
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    Duluth, GA 30096
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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
    1959 Duluth Hwy Duluth, GA 30096
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