295 Old Peachtree Rd NW Suwanee, GA 30024
For Sale
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This exceptional 2.79-acre commercial land parcel, located at 295 & 299 Old Peachtree Rd NW in Suwanee, Georgia (zip code 30024), presents a unique investment opportunity. Zoned C-2, this property boasts tremendous visibility and high traffic counts due to its prime location near the intersection of Old Peachtree Road and the new McGinnis Ferry Road off-ramp from I-85. The property benefits from its proximity to a significant amount of new residential development, including approximately 300 townhomes and 500 single-family homes on McGinnis Ferry Road, as well as a 20-acre, three-story apartment complex nearby. The land is situated adjacent to I-85 North (out of Atlanta), providing exceptional access and exposure. A $12M+ construction project for the McGinnis Ferry Road on-ramp is slated for completion in 2023, further enhancing the property's value and accessibility. Existing infrastructure includes a commercial driveway, with county approval already secured for a second driveway. Sewer access is available across the street, and a cell tower is located on one corner of the property. The asking price is $1,917,000, translating to a land value of $15.77 per square foot. This property is ideal for a variety of commercial uses, including hotels, convenience stores, gas stations, or other commercial ventures. There are no known land problems.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.