Property profile

1340 Calvary Church Rd Gainesville, GA 30507

FOR SALE
Industrial land
Property ID
US22-4749948
3.05 ac lot
Individually Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This 3.3-acre industrial land parcel in Gainesville, Georgia, offers significant development potential. Located at 1340 Calvary Church Road, Hall County, zip code 30507, the property is zoned for light industrial use and boasts all utilities on-site, including sewer and detention ponds. The lot size allows for flexible development options, including flex space, industrial buildings, or office space. Its strategic location provides excellent access to major transportation arteries, including I-985, with convenient proximity to I-85 South (21 miles), Hartsfield-Jackson Airport (68 miles), and Exit 20 (0.34 miles). The site is adjacent to Procare Park and within close proximity to Lee Gilmer Memorial Gainesville Airport (2 miles). Gainesville's thriving economy, particularly its prominent poultry industry and status as a rapidly growing metro area, presents a compelling investment opportunity. The surrounding area includes Braselton and Pendergrass (both 10 miles away) and benefits from Hall County's robust manufacturing sector, home to over 320 manufacturing and processing companies and 50 international businesses. The property's size is approximately 3.3 acres, with over 2 usable acres. The square footage buildable is estimated between 12,946 and 84,982 square feet. This location offers exceptional access to a large workforce, with Gainesville's daytime population exceeding 100,000. Hall County's impressive growth trajectory, with over 5,750 new jobs and $1.5 billion in capital investments since 2015, further underscores the investment potential of this property.

Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 3.05 ac (132,858 SF)
Zoning code L-I
APN 15-035 -000-047
UPID US22-4749948

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1340 Calvary Church Rd Gainesville, GA 30507
Gainesville metro Census 1304 GAINESVILLE, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$80k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$105k

Owner & transaction history

since 2023
Last sale
$110,000
6 recorded transactions
2023
$110,000
2020
$100,000
2020
Price N/A
2007
$325,000
2004
$91,700
1969
Price N/A

Zoning & alternative use

L-I · Gainesville, GA
Zoning description

(1) It is located in a Light Industrial (L-I) or Heavy Industrial (H-I) zoning district; or (2) It is located on the same property as a business or organization with a 501(c)(3) designation. (b) Where approved, community…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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