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    3120 Medlock Brg Rd - Norcross, GA 30071

    Sponsored
    For Sale
    $2,790,000

    28,004 SF Flex Space, Value-Add Opportunity

    Property size:
    28,004 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 28,004 square foot industrial property, located at 3120 Medlock Bridge Road - Building F in Peachtree Corners, Georgia, presents a compelling value-add investment opportunity. The two-story building, constructed in 1989, boasts a versatile layout ideal for owner-users seeking a blend of office and warehouse space. The ground level encompasses approximately 15,000 square feet, while the second floor offers an additional 13,000 square feet, providing ample room for various business needs. The property features convenient amenities including an elevator, two loading docks, and one loading ramp, ensuring efficient operations. Ample parking is available for employees and clients. The asking price is $2,790,000. The building offers a mix of 10-foot clear height office and warehouse space, complemented by an additional 2,200 square feet of 23-foot clear height warehouse area. The second floor is constructed with poured concrete, signifying robust construction. While part of a larger condo complex, this unit is a completely freestanding building. Currently, two month-to-month tenants occupy portions of the space, offering flexibility for the new owner to either maintain existing tenancy or vacate for complete renovation and customization. The property is zoned M1, providing flexibility for various uses. This property is situated in Gwinnett County, Georgia, with a zip code of 30071.

    Property Features for 3120 Medlock Brg Rd -

    General Information

    Property type
    Distribution properties
    Square Feet
    28,004 SF

    Building Details

    Year Built
    1989
    Stories
    2

    HighLights

    • $2,790,000 asking price.
    • 28,004 square foot industrial/office building.
    • Peachtree Corners, GA location (3120 Medlock Bridge Road - Bldg F).
    • Owner/user value‑add investment opportunity.
    • Multi‑tenant building with modified lease terms; existing tenants may stay or building can be vacated.
    Property Profile Location Intelligence

    Current Use by Public Records

    TrimCo Interior Interior Designer Applebee-Church, Inc. Hvac Contractor Scotty's Thrifty Storage ... Storage Facility Buddhist Tzu Chi ... Non-Profit Organization Buddhist Tzu Chi ... Non-Profit Organization

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Norcross
    County
    Gwinnett
    State
    Georgia
    Longitude
    -84.2046391
    Latitude
    33.9574739

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    FAQs

    What type of property is this?
    Distribution property - 28,004 SF Flex Space, Value-Add Opportunity
    Where is this distribution property located?
    The property is located at 3120 Medlock Brg Rd - Norcross, GA.
    What is the asking price?
    The asking price for this property is $2,790,000.
    What are key features of this property?
    This property features: $2,790,000 asking price.; 28,004 square foot industrial/office building.; Peachtree Corners, GA location (3120 Medlock Bridge Road - Bldg F).
    Request Owner's contact information
    3120 Medlock Brg Rd - 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
    3120 Medlock Brg Rd - Norcross, GA 30071
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