Property profile

2291 Loganville Hwy Grayson, GA 30017

FOR LEASE
Warehouses
Property ID
US22-0800456
2,500 SF 6 ac lot Built 1987
Entity Owned 5-yr Hold
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2291 Loganville Hwy, Grayson, GA 30017 For Lease
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2291 Loganville Hwy, Grayson, GA 30017
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Property summary

AI-generated overview

This exceptional 2,000-square-foot commercial property, located at 2291 Loganville Highway in Grayson, Georgia, presents a unique investment opportunity. Situated on a substantial 6-acre lot in Gwinnett County (zip code 30017), this single-tenant building offers versatile space ideal for a variety of businesses. The property is currently entirely vacant, providing immediate occupancy for a new owner or tenant. The building's classification encompasses office, industrial, and warehouse space, making it suitable for a range of operational needs. The expansive lot size provides ample room for outdoor storage, further enhancing the property's functionality and appeal. The property's location in Grayson, Georgia offers convenient access to major transportation routes, ensuring efficient logistics and accessibility for employees and clients. This is a rare opportunity to acquire a substantial commercial property with significant potential for growth and development in a thriving area. The property is zoned for commercial use and is ready for immediate occupancy. The building's 2,000 square feet of space is adaptable to various business configurations. The 6-acre lot offers significant expansion possibilities. This is an excellent opportunity for businesses seeking a combination of office and warehouse space with ample outdoor storage.

Property profile

Verified
Property type Warehouses
Use group STORAGE YARD, OPEN STORAGE
Year built 1987
Total area 2,500 SF
Lot 6 ac (261,360 SF)
Zoning code M1-LIGHT INDUSTRY
APN R5135 023
UPID US22-0800456

Cap rate & NOI

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

Location

2291 Loganville Hwy Grayson, GA 30017
Grayson metro Census 50746 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$770k
CAP Approach CAP
by Request
Comparable Approach Comparable
$636k
Blend (final) Blend
$780k

Owner & transaction history

since 2020
Last sale
$750,000
3 recorded transactions
2020
$750,000
2012
Price N/A
1969
Price N/A

Zoning & alternative use

M1-LIGHT INDUSTRY · Grayson, GA
Top alternative use upside
Auto repair, garage $1.1M +179.8%
Medical building $800,000 +100.6%
Commercial (general) $800,000 +99.8%

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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