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    980 Scales Rd Suwanee, GA 30024

    For Sale
    $1,450,000

    0.91-acre lot, high-traffic location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 0.91-acre commercial land parcel presents a prime development opportunity in the affluent Suwanee, Georgia suburb. Located at a signalized intersection on Scales Road in Gwinnett County (zip code 30024), this property boasts significant visibility and accessibility, situated directly across from an existing retail building and adjacent to a self-storage facility. The high-traffic location, with 37,200 average daily traffic on the nearby McGinnis Ferry Road, ensures maximum exposure for any future development. The property is zoned M/Light Industrial, allowing for a diverse range of commercial uses, as detailed in the Gwinnett County Code of Ordinances (link available upon request). The site is capable of supporting a 6,000 square foot building. Strong demographics support this opportunity, with a median household income exceeding $103,620 within a 3-mile radius. 2022 property taxes totaled $4,284.72. The property's APN is R7238-077 and is owned by a Georgia limited liability company. This is an exceptional investment opportunity for developers seeking a high-visibility location in a thriving community. The asking price is $1,450,000.

    Property Features for 980 Scales Rd

    General Information

    Property type
    Land
    Lot Size
    39,640 SF

    HighLights

    • 6,000 SF building site potential.
    • 2022 property taxes: $4,284.72.
    • 0.91‑acre lot.
    • Light industrial (M) zoning.
    • Strong demographics: $103,620 median household income within a 3‑mile radius.
    • High‑traffic location at signalized intersection on McGinnis Ferry Road (37,200 ADT).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Suwanee
    County
    Gwinnett
    State
    Georgia
    Longitude
    -84.0836911
    Latitude
    34.0451944

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    FAQs

    What type of property is this?
    Land - 0.91-acre lot, high-traffic location.
    Where is this land located?
    The property is located at 980 Scales Rd Suwanee, GA.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: 6,000 SF building site potential.; 2022 property taxes: $4,284.72.; 0.91-acre lot.
    (404) 812-4009
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    980 Scales Rd Suwanee, GA 30024
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    Suwanee, GA 30024
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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
    980 Scales Rd Suwanee, GA 30024
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