Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2395 Scenic Hwy Snellville, GA 30078

    • Investment properties
    • 1,951 SF
    • 0.72 lot acres
    For Lease
    View listing
    $3,500 /Mo
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1421553
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 2395 Scenic Hwy

    Year built
    1971
    Construction
    WOOD
    Lot size
    0.72 lot acres
    Property size
    1,951 SF
    Zone code
    OP-OFFICE PROFESSIONAL
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    5-026 -142
    APU
    5026142

    Description

    This exceptional single-tenant executive office building, located at 2395 Scenic Highway S in Snellville, Georgia (zip code 30078), offers 1,951 square feet of versatile space. Situated on a 0.72-acre lot, the property boasts excellent visibility and strategic location. The all-brick building features a welcoming reception area, spacious waiting room, five private offices, a convenient kitchenette, and ample storage. Currently configured as a dental practice, the property's adaptable layout is ideal for a variety of professional uses, including medical, accounting, insurance, or real estate offices. The building includes ten parking spaces for staff and clients. Recent improvements include a new handicap-accessible ramp. The property is zoned Commercial (Com) and has an APN of R5026 142. This is a rare opportunity to acquire a well-maintained, highly visible office building in a thriving Snellville location. The single-suite building offers a unique opportunity for a business seeking a dedicated and easily manageable space. The property's convenient location and ample parking make it an attractive option for both employees and clients.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Snellville
    County
    Gwinnett
    State
    Georgia
    Longitude
    -84.0236
    Latitude
    33.8521
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,301
    $40,320
    $93,680
    $134,000
    -
    $100,800
    $234,200
    $335,000

    Comparable in this City

    • Value Estimation by Request
      3,600 SF

      2137 Elmwood Cir

      OFFICE/RESIDENTIAL (MIXED USE) • 3,600 SF
      2137 Elmwood Cir, Snellville, GA 30078
      View Details
    • Value Estimation by Request
      1,899 SF

      2870 Main W St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,899 SF
      2870 Main W St, Snellville, GA 30078-7426
      View Details
    • Value Estimation by Request
      2,076 SF

      2239 Scenic Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 2,076 SF
      2239 Scenic Dr, Snellville, GA 30078-3131
      View Details
    • Value Estimation by Request
      1,960 SF

      2399 Scenic S Hwy

      OFFICE/RESIDENTIAL (MIXED USE) • 1,960 SF
      2399 Scenic S Hwy, Snellville, GA 30078-3134
      View Details
    • Value Estimation by Request
      1,525 SF

      1381 Scenic N Hwy

      OFFICE/RESIDENTIAL (MIXED USE) • 1,525 SF
      1381 Scenic N Hwy, Snellville, GA 30078-2125
      View Details
    • Value Estimation by Request
      1,500 SF

      3294 Stone Mtn Hwy

      OFFICE/RESIDENTIAL (MIXED USE) • 1,500 SF
      3294 Stone Mtn Hwy, Snellville, GA 30078-4123
      View Details

    Similar Nearby for Sale

    • $384,900

      New Luxury Townhome Community

      New construction townhomes in Snellville, featuring modern design and amenities.
      3385 Thurgood Ct, Snellville, GA 30078
      View Details
    • New
      $90,000
      Pending

      Land For Sale, Snellville, GA

      0.66 acre commercial land available in Snellville, Georgia.
      3348 Oak Dr, Snellville, GA 30078
      View Details
    • New
      $90,000
      0.67 Acres

      Residential Lot in Snellville, GA

      0.67 acre residential lot, ready to build your dream home.
      1389 Branchwood Dr, Snellville, GA 30078
      View Details
    • $450,000
      0.95 Acres

      Snellville Commercial Property - Hwy 124

      High-visibility Snellville office/retail space.
      2149 Scenic Hwy, Snellville, GA 30078
      View Details
    • $384,900

      New Luxury Townhome Community

      New construction townhomes in Snellville with modern design and amenities.
      3387 Thurgood Ct, Snellville, GA 30078
      View Details
    • $499,000
      2.36 Acres

      Commercial Land in Growing Area

      Land suitable for townhomes, retail, or office development.
      2949 Rosebud Rd, Snellville, GA 30078
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      10,500 SF

      Snellville Executive Office Space

      Modern Flex Office Suites Available Now
      2450 Eastgate Pl, Snellville, GA 30078
      View Details
    • Contact for pricing
      137 SF

      Retail Stalls at Towne Center

      Food and retail stalls for lease in Snellville's new center.
      2285 Wisteria Dr SW, Snellville, GA 30078
      View Details
    • Contact for pricing

      Retail Space in Snellville Center

      Retail space in Snellville with high visibility and traffic.
      2118 Scenic Hwy, Snellville, GA 30078
      View Details
    • $72 SF/Yr
      100 SF

      Snellville Executive Office Suite

      Modern 100 sq ft office, all utilities included.
      1970 Main St, Snellville, GA 30078
      View Details
    • $272 SF/Yr
      688 SF

      Snellville Office Space for Lease

      688 sq ft, move-in ready office suite
      2386 Clower St, Snellville, GA 30078
      View Details
    • $2,250 /Mo
      143,748 SF

      Commercial Land in Snellville, GA

      3.3 acres of commercial land for lease.
      3541 Stone Mountain Hwy, Snellville, GA 30078
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2395 Scenic Hwy
    Snellville, GA 30078
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.