980 Scales Rd Suwanee, GA 30024
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.
Cap rate
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Property description
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