Property profile

4601 Peachtree Industrial Blvd Berkeley Lake, GA 30092

OFF-MARKET
Banks
Property ID
US22-1249081
3,869 SF 1.88 ac lot Built 1986
Entity Owned 13-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 4,031 square foot retail space is situated on a highly visible corner lot totaling 1.8 acres in Gwinnett County. Previously a bank, this property boasts excellent visibility to 41,783 vehicles per day on Peachtree Industrial Boulevard, Norcross's main retail thoroughfare. Its strategic location offers unparalleled access to a large and growing customer base, encompassing the surrounding communities of Peachtree Corners, Johns Creek, and Duluth. The property's single-tenant occupancy presents a unique opportunity for a variety of businesses, including banks, gas stations, quick-service restaurants (QSRs), and many other retail uses. Its convenient proximity to major interstates I-85, I-285, and Peachtree Parkway (141) ensures easy accessibility for both customers and employees. Norcross, a thriving Atlanta suburb, is experiencing significant population growth and ongoing development, making this property an ideal investment in a dynamic and expanding market. The entire 4,031 square feet is currently vacant, providing immediate occupancy for the new tenant. This prime location offers a rare chance to establish a successful business in a high-traffic area with strong growth potential.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1986
Total area 3,869 SF
Lot 1.88 ac (81,893 SF)
Zoning code C1-NBHD BUSINESS
APN 6-269 -055
UPID US22-1249081

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4601 Peachtree Industrial Blvd Berkeley Lake, GA 30092-3022
Berkeley Lake metro Census 50323 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2013
3 recorded transactions
2013
$1.3M
2008
$1.2M
2008
$1.2M

Zoning & alternative use

C1-NBHD BUSINESS · Berkeley Lake, GA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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