Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    1935 Friendship Rd Buford, GA 30519

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1935 Friendship Rd Buford, GA 30519

    View on Map
    • Land
    • 5.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 1935 Friendship Rd

    Lot size
    5.00 lot acres
    Property type
    Land

    Description

    This exceptional commercial land offering in Buford, Georgia presents a compelling investment opportunity. Located at 1935 Friendship Road and 7345 Jordan Lane, the property encompasses two parcels totaling over five acres. Parcel 1 boasts 5.49 acres and is listed at $1,098,000, while Parcel 2 comprises 0.72 acres priced at $250,000. The combined asking price for both parcels is $1,348,000. All utilities are conveniently connected on-site. The property benefits from its strategic location near a variety of established businesses and amenities, including Kroger, Publix, CVS, McDonald's, Chase Bank, and Senior Phoenix Living. The area boasts a strong median household income of $103,000 within a one-mile radius, indicating a robust market for both residential and commercial development. The property's diverse features include existing senior living communities offering memory care, independent living, and assisted living options, along with a single-family house and a wooded lot, presenting versatile development possibilities. Two convenient curb cuts enhance accessibility. This property is ideal for a variety of commercial ventures, capitalizing on its prime location and diverse development potential. Hall County location, zip code 30519.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Buford
    County
    Hall
    State
    Georgia
    Longitude
    -83.8711
    Latitude
    34.1113

    Comparable in this City

    • Value Estimation by Request
      3.00 Acres

      Friendship Rd

      Land • 3.00 Acres
      0 Friendship Rd, Buford, GA 30519
      View Details
    • Value Estimation by Request
      28.00 Acres

      2375 Rock Springs Rd

      Farms • 28.00 Acres
      2375 Rock Springs Rd, Buford, GA 30519
      View Details
    • Value Estimation by Request
      17.00 Acres

      3525 Hamilton Mill Rd

      Land • 17.00 Acres
      3525 Hamilton Mill Rd, Buford, GA 30519
      View Details
    • Value Estimation by Request
      0.58 Acres

      3290 Financial Center Way

      Land • 0.58 Acres
      3290 Financial Center Way, Buford, GA 30519
      View Details
    • Value Estimation by Request
      7.89 Acres

      2067 Braselton Hwy

      Land • 7.89 Acres
      2067 Braselton Hwy, Buford, GA 30519
      View Details
    • Value Estimation by Request
      10.22 Acres

      2000 Flowery Branch Rd

      Distribution properties • 10.22 Acres
      2000 Flowery Branch Rd, Buford, GA 30519
      View Details

    Similar Nearby for Sale

    • $979,500

      Land Available in Buford, Georgia

      Land for sale in Gwinnett County, GPS Friendly.
      4198 Sardis Church Rd, Buford, GA 30519
      View Details
    • Contact for pricing

      Land For Sale Buford

      Land available for sale in Buford, Georgia.
      Friendship Rd, Buford, GA 30519
      View Details
    • $979,500

      6.2 Acres Land For Sale

      Land with development potential in Seckinger High School district.
      4198 Sardis Church Rd, Buford, GA 30519
      View Details
    • $625,000

      Land Parcel on Rock Springs

      Land parcel available for sale in Buford, Georgia.
      2420 Rock Springs Rd, Buford, GA 30519
      View Details
    • $95,000
      1.18 Acres

      Buford Land for Sale

      1.18 acre commercial lot zoned C2 in Buford, GA
      2716 Hamilton Mill Rd, Buford, GA 30519
      View Details
    • Contact for pricing

      Prime Commercial Land in Buford

      0.58-acre commercial parcel in thriving Buford retail district.
      3290 Financial Center Way, Buford, GA 30519
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Mall of Georgia Ground Lease

      1.16 acre land for lease near Mall of Georgia.
      2396 Mall Of Georgia Blvd, Buford, GA 30519
      View Details
    • Contact for pricing

      Prime Corner Land for Lease

      1.86 acre commercial land for lease in Buford, GA.
      4101 Hamilton Mill Rd, Buford, GA 30519
      View Details
    • Contact for pricing
      10,000 SF

      Retail Pad Near Mall of Georgia

      10,000 SF retail pad site near Mall of Georgia.
      1880 Mall Of Georgia Blvd, Buford, GA 30519
      View Details
    • Contact for pricing

      Prime Retail and Office Location

      Located in Buford's retail district, near Mall of Georgia.
      1305 Mall Of Georgia Blvd, Buford, GA 30519
      View Details
    • Contact for pricing

      Spacious Office Space in Buford

      6,000 SF office space with 10 offices and 7 bathrooms.
      2100 Gravel Springs Rd, Buford, GA 30519
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease in Buford, Georgia.
      3310 Buford Dr, Buford, GA 30519
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1935 Friendship Rd
    Buford, GA 30519
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!