Property profile

2974 Cornelia Hwy Gainesville, GA 30507

OFF-MARKET
Industrial land
Property ID
US22-2638216
9.25 ac lot
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 9.25-acre commercial and industrial land parcel presents a unique investment opportunity in Gainesville, Georgia. Located at 2974 Cornelia Highway, this property boasts a highly visible location along Highway 365, situated at a lighted intersection with White Sulphur Road, adjacent to a BP gas station. The strategic positioning ensures significant exposure to high traffic volume. The property is zoned PID, offering flexibility for a variety of commercial and industrial uses. Its proximity to key infrastructure and amenities further enhances its appeal. The site is less than a mile from the recently announced Northeast Georgia Inland Port, a development poised to significantly impact regional economic growth and logistics. Across the highway, the property benefits from the presence of Gateway Industrial Park and a QuikTrip gas station, indicating a thriving commercial environment. The asking price is $75,568 per acre, representing a compelling value proposition given the location, size, and development potential. This property is ideal for businesses seeking high visibility and convenient access to major transportation routes. Serious inquiries are encouraged to explore the possibilities of this prime commercial land offering.

Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 9.25 ac (402,930 SF)
Zoning code PID
APN 15-020A-000-027
UPID US22-2638216

Cap rate & NOI

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

Location

2974 Cornelia Hwy Gainesville, GA 30507
Gainesville metro Census 602 GAINESVILLE, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$230k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k

Owner & transaction history

Zoning & alternative use

PID · Gainesville, GA

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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