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Property profile & analytics
OFF-MARKET
Retail space

2349 Athens Hwy Gainesville, GA 30507-7405

1,312 SF 1.41 ac lot Built 1950
Entity Owned 5-yr Hold Free & Clear
Property ID
US22-1121538
Property summary
AI-generated overview

This exceptional commercial property, located at 2349 Athens Highway in Gainesville, Georgia, presents a compelling investment opportunity. The 1,344 square foot building sits on a spacious 1.41-acre lot, providing ample room for expansion or additional parking. Its Highway Business (H-B) zoning allows for a variety of uses, including retail, office, or light industrial. The property boasts excellent visibility and benefits from a high daily traffic count of 33,600 vehicles, ensuring significant exposure for any business. Its convenient location, just 2.1 miles from I-985, offers easy access and accessibility for customers and employees. The building itself features an open floor plan, perfect for customization to suit various business needs. Two large rooms offer versatile space, and a handicap-accessible bathroom ensures inclusivity. Recent upgrades significantly enhance the property's value and functionality. These include a new roof (installed in 2017), new carpeting, updated plumbing, new siding, and new windows. This turnkey property is ready for immediate occupancy and presents a rare opportunity to establish or expand a business in a high-traffic, highly visible location. The combination of size, location, zoning, and recent improvements makes this an attractive proposition for discerning investors and entrepreneurs.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1950
Construction STEEL FRAME
Total area 1,312 SF
Lot 1.41 ac (61,420 SF)
Zoning code H-B
APN 15-022C-000-015A
UPID US22-1121538
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
Nanno Properties LLC · 5 yrs held
Nanno Properties LLC
since 2021
Last sale
$189,000
3 recorded transactions
2021
$189,000
2018
$143,500
1969
Price N/A
Zoning & alternative use
H-B · Gainesville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source ARTICLE 9-1
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