3955 Hwy 53 Hoschton, GA 30548-0149
- Warehouses
- 50,316 SF
- 2.78 lot acres
Current Use by Public Records
- Safety Research Institute / Engineering Consultant / Automobile Storage Facility
Property Details for 3955 Hwy 53
- Year built
- 2005
- Construction
- STEEL FRAME
- Lot size
- 2.78 lot acres
- Property size
- 50,316 SF
- Zone code
- M
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- H01 034A
- APU
- H01034A
Description
This exceptional 30,000-square-foot shopping center, located at 3955 Hwy 53 in Hoschton, Georgia (zip code 30548), presents a unique redevelopment opportunity. The single-story, 30,645-square-foot building, constructed in 1972 and renovated in 2018, sits on a 2-acre lot and offers five units. Currently vacant, this Class B property is zoned C2, allowing for a variety of commercial uses. The building features 11-foot ceilings, newly upgraded windows, and ample parking for 150 vehicles. Its prominent location on Highway 53 provides 470 feet of frontage, ensuring high visibility and accessibility. The property's potential is further enhanced by its proximity to the revitalized Hoschton town center, new residential developments, and upcoming supermarkets, guaranteeing a strong customer base. The lease type is NNN, and the ownership is fee simple. This is an ideal owner/user investment, ready for immediate development into a thriving retail, dining, or entertainment destination. The property's existing infrastructure, including a potential outdoor stage area, provides a solid foundation for a variety of creative concepts. Don't miss this chance to capitalize on the growth of Hoschton, Georgia.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,410,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,085,000
- 6.5%
- $2,200,000
- 7%
- $2,215,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,160,000
- Geo Method
- $1,970,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,255,000
- Retail
- $2,155,000
- Mixed-Use
- $1,860,000
- Hospitality
- $1,880,000
- Educational
- $2,150,000
- Residential Income
- $1,795,000
- Energy
- $2,385,000
- Income-Based Land
- $2,320,000
- Food Service
- $2,355,000
Location Insight
- Map
- Local Demand
- City
- Hoschton
- County
- Jackson
- State
- Georgia
- Longitude
- -83.7614
- Latitude
- 34.0924
- CBSA code
- 27600
- CBSA name
- JEFFERSON, GA MICROPOLITAN STATISTICAL AREA
