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    1358 Plaza Dr Gainesville, GA 30501

    Sponsored
    For Sale
    $950,000

    High-growth area, prime retail location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional retail property, located at 1358 Plaza Drive in Gainesville, Georgia, presents a compelling investment opportunity. The 0.35-acre lot houses a single building constructed in 1966. Offered at $950,000, this property boasts a highly desirable location in the heart of Gainesville, directly adjacent to Lakeshore Mall and across the street from major retailers Walmart and Lowe's. This strategic positioning ensures high visibility and significant foot traffic. The property's proximity to these established businesses provides immediate access to a substantial customer base. Furthermore, the planned redevelopment of Lakeshore Mall and the ongoing growth on Gainesville's west side promise substantial future appreciation in property value. This makes 1358 Plaza Drive an ideal investment for those seeking exposure to a thriving retail market with significant upside potential. The property's size and location offer flexibility for a variety of retail uses, making it an attractive option for both established businesses and new ventures. The property's 1966 construction date presents opportunities for renovation or redevelopment to further enhance its value and appeal. This is a rare chance to acquire a prime retail asset in a rapidly developing area of Gainesville, Georgia. The zip code is 30501.

    Property Features for 1358 Plaza Dr

    General Information

    Property type
    Retail properties
    Lot Size
    15,246 SF

    Building Details

    Year Built
    1966
    Buildings
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Foxhole Guns & Archery Gun Shop Fast Tax Tax Preparation Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Hall - GA
    State
    Georgia
    Longitude
    -83.8465914
    Latitude
    34.2936882

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    FAQs

    What type of property is this?
    Retail property - High-growth area, prime retail location.
    Where is this retail property located?
    The property is located at 1358 Plaza Dr Gainesville, GA.
    What is the asking price?
    The asking price for this property is $950,000.
    (770) 540-6805
    Request Owner's contact information
    1358 Plaza Dr Gainesville, GA 30501
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    Gainesville, GA 30501
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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
    1358 Plaza Dr Gainesville, GA 30501
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