2023 Grayson Hwy Grayson, GA 30017
- Commercial real estate
- 22,796 SF
- 1.84 lot acres
Current Use by Public Records
- Vy Nails Spa / Nail Salon
- Dr. Erin Pickwick / Dentist / Practitioner Service Location
- Salon 124 Grayson / Hair Salon
- Vy Nail Spa / Nail Salon
- Cady Paula / Dentist
Property Details for 2023 Grayson Hwy
- Year built
- 2008
- Lot size
- 1.84 lot acres
- Property size
- 22,796 SF
- Zone code
- C1-NBHD BUSINESS
- Property type
- Commercial real estate
- APN
- 5-136 -029
- APU
- 5136029
Description
This exceptional retail opportunity is located at 2023 Grayson Highway in Grayson, Georgia, within Gwinnett County (zip code 30017). The property, known as Parkside at Grayson, is a multi-tenant strip center offering a total of 22,250 square feet of retail space. Currently, there are multiple spaces available for lease, ranging from a minimum of 925 square feet to a maximum contiguous space of 2,400 square feet. A total of 3,325 square feet is currently vacant and ready for immediate occupancy. This prime location provides excellent visibility and accessibility for businesses seeking a thriving retail environment. The property's strategic positioning within Grayson offers convenient access to major roadways and a strong customer base. Ideal for a variety of retail uses, this space presents a unique chance to establish or expand your business in a high-traffic area. Interested parties are encouraged to inquire about lease terms and availability for the various space options. The property's coordinates are 33.8956056 latitude and -83.9585914 longitude.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $5,000,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,680,000
- 6.5%
- $4,730,000
- 7%
- $5,450,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $5,360,000
- Geo Method
- $4,895,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $5,895,000
- Retail
- $5,255,000
- Mixed-Use
- $5,840,000
- Hospitality
- $6,075,000
- Educational
- $5,295,000
- Residential Income
- $4,745,000
- Energy
- $4,970,000
- Income-Based Land
- $5,820,000
- Food Service
- $4,640,000
Location Insight
- Map
- Local Demand
- City
- Grayson
- County
- Gwinnett
- State
- Georgia
- Longitude
- -83.9586
- Latitude
- 33.8955
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA