5506 Buford Hwy Norcross, GA 30071
- Gas stations
- 5,441 SF
- 1.41 lot acres
Current Use by Public Records
- Atlanta Auto Max inc / Used Car Dealer
- Bimmer Auto Sale & Rental / Auto Broker
Property Details for 5506 Buford Hwy
- Year built
- 1970
- Lot size
- 1.41 lot acres
- Property size
- 5,441 SF
- Zone code
- AA012
- Property type
- Gas stations
- APN
- 6-242 -099
- APU
- 6242099
Description
This exceptional 1.4-acre commercial land parcel presents a unique ground lease opportunity in the thriving Norcross, GA market. Located at 5506 Buford Highway, this property boasts over 200 feet of frontage on Buford Highway and convenient access via Beaver Ruin Road. The high-traffic location benefits from approximately 40,000 vehicles daily on Buford Highway and 30,000 vehicles daily on Beaver Ruin Road, ensuring significant visibility and accessibility for any future development. The property is zoned BH - Buford Highway commercial, and currently features an approximately 8,000 square foot building which may be demolished to accommodate new construction. This presents a blank canvas for a wide range of commercial ventures. The site's strategic location within a revitalizing downtown Norcross area, serving a population of 29,000 within a 3-mile radius and boasting an average household income exceeding $90,000, makes this an attractive investment. The property's APN is R6242 099. This is a single-tenant property ideal for long-term ground lease arrangements. Don't miss this chance to secure a prime location in a rapidly growing area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Norcross
- County
- Gwinnett
- State
- Georgia
- Longitude
- -84.204
- Latitude
- 33.9439
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
