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    3230 Financial Center Way Buford, GA 30519

    For Sale
    $1,690,000

    Prime 2.78-acre hotel site near Mall of Georgia.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 2.78-acre commercial land parcel, located at 3230 Financial Center Way, Buford, GA 30519, presents a lucrative investment opportunity. Priced at $1,690,000, this shovel-ready site boasts Gwinnett County Board of Commissioners approval for a hotel or extended-stay hotel, making it an ideal development project. The property is zoned AA068 and includes all utilities, with sewer readily available. A completed geotechnical engineering study and HVS feasibility study are already available for review. Its strategic location between I-85 and I-985, just off Highway 20 near the bustling Mall of Georgia, ensures high visibility and accessibility. The area offers numerous amenities, including the Mall of Georgia, Lake Sidney Lanier, CoolRay Field (home of the Gwinnett Stripers), and the Gas South Arena and Convention Center. This prime location, combined with the existing approvals and studies, minimizes development hurdles and maximizes potential return on investment. The high traffic volume and limited availability of extended-stay hotel zoning in this area make this a rare and highly desirable opportunity for a savvy investor seeking a strong, long-term investment in a thriving commercial hub. Many hotel flags are available for this site, promising a high revenue potential.

    Property Features for 3230 Financial Center Way

    General Information

    Property type
    Hotels

    HighLights

    • $1,690,000; Seller motivated.
    • Prime extended‑stay hotel site.
    • Shovel‑ready; geo report and county approvals complete.
    • 2.78‑acre parcel zoned AA068 for extended‑stay hotel in Northeast Atlanta.
    • High‑traffic location with limited extended‑stay zoning; numerous hotel flags available.
    • Financial Center Way, off GA 20, near I‑85, I‑985, and Mall of Georgia.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hotels

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Wholesale Shop Auto Repair Shop Spa & Massage Dental Office Hotel & Motel Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Buford
    County
    Gwinnett
    State
    Georgia
    Longitude
    -83.989076065826
    Latitude
    34.067017216284

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    FAQs

    What type of property is this?
    Hotel - Prime 2.78-acre hotel site near Mall of Georgia.
    Where is this hotel located?
    The property is located at 3230 Financial Center Way Buford, GA.
    What is the asking price?
    The asking price for this property is $1,690,000.
    What are key features of this property?
    This property features: $1,690,000; Seller motivated.; Prime extended-stay hotel site.; Shovel-ready; geo report and county approvals complete.
    Request Owner's contact information
    3230 Financial Center Way Buford, GA 30519
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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
    3230 Financial Center Way Buford, GA 30519
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