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    2317 Old Cornelia Highway Ext Gainesville, GA 30507

    Sponsored
    For Sale
    $750,000

    Prime Highway Business Lot, Gainesville, GA

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2.18-acre commercial land parcel presents a remarkable investment opportunity in Gainesville, Georgia. Located at 2317 Old Cornelia Highway, this property boasts a highly desirable location just off I-985, offering unparalleled visibility and accessibility. Zoned for Highway Business use, the land is ideally suited for a variety of commercial developments. Its strategic position adjacent to a strip center ensures high traffic volume and potential for synergistic business relationships. The lot features an impressive 180-foot frontage along Old Cornelia Highway, maximizing exposure and potential for signage. Built in 2009, this expansive lot provides ample space for construction, and essential utilities are readily available, including sewer and water connections. The property's location in Hall County, Georgia, with a zip code of 30507, places it within a thriving commercial corridor, making it an attractive proposition for businesses seeking a prominent presence in a rapidly growing area. This is a rare opportunity to acquire a substantial commercial land parcel in a prime location with excellent infrastructure and zoning. The asking price is $750,000. Don't miss this chance to secure a valuable asset in a high-demand market.

    Property Features for 2317 Old Cornelia Highway Ext

    General Information

    Property type
    Land
    Lot Size
    94,961 SF

    Building Details

    Year Built
    2009

    HighLights

    • 2.18‑acre commercial land parcel in Gainesville, GA.
    • Highly visible location off I‑985 with 180‑foot frontage on Old Cornelia Highway.
    • Highway Business zoning, ideal for various commercial developments.
    • Adjacent to a strip center, ensuring high traffic.
    • Utilities readily available (sewer & water).
    • Asking price: $750,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Hair Salon Auto Repair Shop Nail Salon Hotel & Motel Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Hall - GA
    State
    Georgia
    Longitude
    -83.779331
    Latitude
    34.315001

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    FAQs

    What type of property is this?
    Land - Prime Highway Business Lot, Gainesville, GA
    Where is this land located?
    The property is located at 2317 Old Cornelia Highway Ext Gainesville, GA.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: 2.18-acre commercial land parcel in Gainesville, GA.; Highly visible location off I-985 with 180-foot frontage on Old Cornelia Highway.; Highway Business zoning, ideal for various commercial developments.
    Request Owner's contact information
    2317 Old Cornelia Highway Ext Gainesville, GA 30507
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    Gainesville, GA 30507
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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
    2317 Old Cornelia Highway Ext Gainesville, GA 30507
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