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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    341 Main St Suwanee, GA 30024-2233

    • Warehouses
    • 6,540 SF
    • 0.79 lot acres
    OFF-MARKET
    Value Estimations
    $485,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-0502516
    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

    • GA Paving Guys / Asphalt Contractor
    • The Hightower Artists Group, Inc. / Musician

    Property Details for 341 Main St

    Year built
    1986
    Lot size
    0.79 lot acres
    Property size
    6,540 SF
    Zone code
    C2-GENERAL BUSINESS
    Property type
    Warehouses
    APN
    R7236 108
    APU
    R7236108

    Description

    This exceptional 6,540-square-foot retail space is ideally situated at 341 Main Street in the vibrant Suwanee Town Center, Gwinnett County, Georgia (zip code 30024). The property offers a single-tenant occupancy opportunity, presenting a blank canvas for a discerning business owner. The entire 6,540 square feet is currently vacant, allowing for complete customization to suit specific operational needs. The building's location within Suwanee's bustling Town Center ensures high visibility and accessibility, benefiting from significant foot traffic and convenient access to major thoroughfares. This presents a unique chance to establish a strong presence in a thriving community. The property is classified as commercial retail and is located in Gwinnett County, Georgia. Monthly operating expenses are $2,550. This single-story building provides ample space for a variety of retail ventures, offering a compelling investment opportunity in a prime location. The property's address is easily accessible and visible, making it an attractive option for businesses seeking high visibility and convenient access for customers. The latitude and longitude coordinates are 34.0579717 and -84.0667984 respectively. This property is ready for immediate occupancy.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $450,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $800,000
      6.5%
      $740,000
      7%
      $685,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $295,000
      Market price range: $88.6k - $430k

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

    Location Insight

    • Map
    • Local Demand
    City
    Suwanee
    County
    Gwinnett
    State
    Georgia
    Longitude
    -84.0668
    Latitude
    34.0579
    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
    2024
    $8,141
    $189,280
    $158,880
    $348,160
    -
    $473,200
    $397,200
    $870,400

    Comparable in this City

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      $875,000
      43,374 SF

      4305 Crk Park Dr

      STORAGE YARD, OPEN STORAGE • 43,374 SF
      4305 Crk Park Dr, Suwanee, GA 30024-3996
      View Details
    • Value Estimation
      $990,000
      258,708 SF

      560 Horizon Dr

      STORAGE YARD, OPEN STORAGE • 258,708 SF
      560 Horizon Dr, Suwanee, GA 30024-4554
      View Details
    • Value Estimation
      $1,060,000
      146,350 SF

      950 Northbrook Pkwy

      STORAGE YARD, OPEN STORAGE • 146,350 SF
      950 Northbrook Pkwy, Suwanee, GA 30024-2928
      View Details
    • Value Estimation
      $660,000
      254,468 SF

      3200 Shawnee Industrial Way

      STORAGE YARD, OPEN STORAGE • 254,468 SF
      3200 Shawnee Industrial Way, Suwanee, GA 30024-3617
      View Details
    • Value Estimation by Request
      95,750 SF

      315 Shawnee N Dr

      STORAGE YARD, OPEN STORAGE • 95,750 SF
      315 Shawnee N Dr, Suwanee, GA 30024-4405
      View Details
    • Value Estimation
      $1,055,000
      200,484 SF

      1300 Northbrook Pkwy

      STORAGE YARD, OPEN STORAGE • 200,484 SF
      1300 Northbrook Pkwy, Suwanee, GA 30024-7259
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      147,232 SF

      Suwanee Warehouse Space Available

      62,120 SF warehouse space in Suwanee, GA, available 2026.
      680 Satellite Blvd NW, Suwanee, GA 30024
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      51,200 SF

      Industrial Space on Satellite Boulevard

      25,475 SF industrial space for sale near I-85.
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      105,971 SF

      Suwanee Industrial Space Available

      13,161 SF industrial space near I-85 and Suwanee.
      300 Brogdon Rd, Suwanee, GA 30024
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    • $1,100,000
      7.02 Acres

      Griffin Land Investment Opportunity

      7.02 acres in Griffin, GA, suitable for various developments.
      450 Carver Rd, Griffin, GA 30024
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    • $160,000

      Forsyth County Estate Land Opportunity

      Prime acreage for luxury development.
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    • $2,500,000
      2.53 Acres

      Land in Suwanee, Georgia

      2.53 acres of commercial land for sale in Suwanee.
      295 Old Peachtree Rd NW, Suwanee, GA 30024
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      170,000 SF

      Industrial Space with Rear Loading

      36,176 SF industrial space featuring rear loading configuration.
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      View Details
    • Contact for pricing
      150,145 SF

      Warehouse/Distribution Building Delivering Q2 2026

      150,145 SF warehouse/distribution building with I-85 access.
      59 Old Peachtree Rd NE, Suwanee, GA 30024
      View Details
    • Contact for pricing
      228,397 SF

      Suwanee Warehouse with Office Space

      32,656 SF warehouse with office space available for sublease.
      1327 Northbrook Pkwy, Suwanee, GA 30024
      View Details
    • Contact for pricing
      61,000 SF

      Suwanee Warehouse with Office Space

      61,000 SF warehouse with 7,477 SF office space.
      3851 Lakefield Dr, Suwanee, GA 30024
      View Details
    • Contact for pricing
      50,647 SF

      Johns Creek Flex/Industrial Space

      Flex/industrial space in Johns Creek with ample parking.
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      View Details
    • Contact for pricing
      230,530 SF

      Renovated Warehouse Space Available

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      460 Horizon Dr, Suwanee, GA 30024
      View Details
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    341 Main St
    Suwanee, GA 30024-2233
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    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
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