Property profile

2322 Browns Brg Rd Gainesville, GA 30504

OFF-MARKET
Auto shops
Property ID
US22-3997769
6,000 SF 2.5 ac lot Built 2016
Entity Owned 9-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2016
Total area 6,000 SF
Lot 2.5 ac (108,900 SF)
Zoning code L-I
APN 08-007 -001-040
UPID US22-3997769

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Gas Station
  • Check Cashing
  • Bank Credit Union
  • Auto Repair Shop

Location

2322 Browns Brg Rd Gainesville, GA 30504-6095
Gainesville metro Census 1007 GAINESVILLE, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

1 recorded transaction
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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