Property summary
This exceptional 3.01-acre commercial property presents a rare investment opportunity in Gainesville, Georgia. Located in a high-traffic area, this land boasts convenient access to major auto dealerships, repair shops, service centers, restaurants, shopping centers, and major retailers. Its strategic position near Lake Lanier ensures consistent customer traffic. The property is zoned for both Light Industrial (LI) and Commercial (C3) uses, providing remarkable flexibility for a diverse range of businesses. Imagine establishing an auto-related service center, a retail outlet, or a light industrial operation in this thriving business district. The flat, wooded land offers ample space for development. While situated behind a fuel station, the property benefits from excellent visibility and accessibility. A recorded survey details an easement between neighboring properties, ensuring clear boundaries. Importantly, the seller retains ownership of the adjacent parcel, offering potential for future expansion or synergy. This is a truly unique opportunity to acquire a substantial commercial property in a prime Gainesville location, poised for significant growth and return on investment. The property's versatility and strategic location make it an ideal choice for entrepreneurs seeking to establish a successful business in a bustling and desirable area.
Property profile
VerifiedCap rate & NOI
Current use
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Gas Station
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Check Cashing
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Bank Credit Union
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Auto Repair Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
(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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
L-I · Gainesville, GA(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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
(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…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for L-I in Gainesville, GA.
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- Location Insight
- Alternative use
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