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Property profile & analytics
FOR LEASE
Commercial land

2265 Wisteria Dr SW Snellville, GA 30078

1,773 SF 0.75 ac lot Built 1965
Entity Owned 4-yr Hold Free & Clear
Property ID
US22-1181021
Property summary
AI-generated overview

This exceptional 18,000 square foot, two-story retail and restaurant building, completed in 2024, offers nine available spaces ranging from 137 to 736 square feet. Located at 2265 Wisteria Dr SW, Snellville, GA 30078, this property is situated in the heart of the newly developed Grove at Towne Center, a vibrant, walkable, and business-friendly city center. The development boasts a 750-car parking deck (1,000 total spaces) and is conveniently located off Scenic Highway, near the intersection of Highway 78. This prime location benefits from Snellville's thriving economy and affluent population, situated between metro Atlanta and Athens. The building features a prominent anchor tenant: Crooked Can Brewing Company, a 10-barrel brewery with a 16-tap taproom and an 8,542 square foot event space on the second floor, scheduled to open late 2024. This presents a unique opportunity for businesses to thrive within a dynamic and well-established community. The property offers multiple tenancy options, making it ideal for a variety of retail and restaurant concepts. This is a rare opportunity to secure space in a brand-new, high-traffic location within a rapidly growing area.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1965
Total area 1,773 SF
Lot 0.75 ac (32,670 SF)
Zoning code OP-OFFICE PROFESSIONAL
APN 5-039 -063
UPID US22-1181021
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Downtown Dev Authority Of Snellvill · 4 yrs held
Downtown Dev Authority Of Snellvill
since 2022
Last sale
$276,225
4 recorded transactions
2022
$276,225
2021
$4.1M
2011
Price N/A
2004
$250,000
Zoning & alternative use
OP-OFFICE PROFESSIONAL · Snellville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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