Gainesville Mixed-Use Potential on Acres

Gainesville, GA 30501 Gainesville, GA 30501

Claim this Listing
Pending
$265,000

COMMERCIAL - Gainesville, GA

Property size:
1,778 SF
Added:
Jun 10, 2026
Days on Market:
33
Last Refresh:
Jul 12 at 4:06 am

Property Features

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Pending
Size
1,778 SF

Building Details

Year built
1957

Listing agent Dusty Hulsey License #404528

Listing office Gainesville Office Roswell, GA

Listing date Jun 10, 2026

MLS# 7686276

Copyright © 2026 Berkshire Hathaway HomeServices Georgia Properties. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Located in a growing area of Gainesville, this property offers multiple paths for future use on approximately 2.03 acres. The existing home includes 2 bedrooms and 1 bathroom, highlighted by hardwood floors, making it an excellent candidate for a remodel to create a cozy residence or income-producing rental. The property currently features city water, with sewer available at the street, providing convenience and flexibility for renovation or future development. With its generous acreage and strategic location, this property is also well-suited for conversion to office or professional space, offering room to expand and customize. The property offers endless potential in a prime Gainesville location.

Key Highlights

  • Prime 2.03‑acre lot in a rapidly developing Gainesville location.
  • City water available; sewer access at the street.
  • Versatile property suitable for residential, investment, or commercial use.

Local Financial Insights For Mixed Use

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $32.0k $18.00
− Vacancy −$2.7k −$1.53
EGI $29.3k $16.47
− OpEx −$11.0k −$6.18
NOI $18.3k $10.29
1,778 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 37.50%

Alternative Uses

Best Use
Mixed Use
$261.5K
$228.8K – $305.0K (±1% cap)
NOI $18,302 @ 7.0% cap · market cap 6.91%
Second Best
Apartment 5plus
$202.3K
$177.1K – $236.1K (±1% cap)
NOI $14,164 @ 7.0% cap · market cap 5.34%
Theoretical Best
Office A
$497.9K
$435.7K – $580.9K (±1% cap)
NOI $34,855 @ 7.0% cap · market cap 13.15%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Single family properties

FAQs

What type of property is this?
Mixed-use property - Versatile property on 2.03 acres, ideal for investors/homeowners.
Where is this mixed-use property located?
The property is located at Gainesville, GA.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Prime 2.03‑acre lot in a rapidly developing Gainesville location.; City water available; sewer access at the street.; Versatile property suitable for residential, investment, or commercial use.
Contact an agent
More about this property
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