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Property profile & analytics
OFF-MARKET
Gas stations

5506 Buford Hwy Norcross, GA 30071-3905

5,441 SF 1.41 ac lot Built 1970
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US22-2955419
Property summary
AI-generated overview

This exceptional 1.4-acre commercial land parcel presents a unique ground lease opportunity in the thriving Norcross, GA market. Located at 5506 Buford Highway, this property boasts over 200 feet of frontage on Buford Highway and convenient access via Beaver Ruin Road. The high-traffic location benefits from approximately 40,000 vehicles daily on Buford Highway and 30,000 vehicles daily on Beaver Ruin Road, ensuring significant visibility and accessibility for any future development. The property is zoned BH - Buford Highway commercial, and currently features an approximately 8,000 square foot building which may be demolished to accommodate new construction. This presents a blank canvas for a wide range of commercial ventures. The site's strategic location within a revitalizing downtown Norcross area, serving a population of 29,000 within a 3-mile radius and boasting an average household income exceeding $90,000, makes this an attractive investment. The property's APN is R6242 099. This is a single-tenant property ideal for long-term ground lease arrangements. Don't miss this chance to secure a prime location in a rapidly growing area.

Property profile
Verified
Property type Gas stations
Use group SERVICE STATION (FULL SERVICE)
Year built 1970
Total area 5,441 SF
Lot 1.41 ac (61,420 SF)
Zoning code AA012
APN 6-242 -099
UPID US22-2955419
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Atlanta Auto Max inc Car Dealership
  • Bimmer Auto Sale & Rental Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Sadeghy Prop Invs LLC · 7 yrs held
Sadeghy Prop Invs LLC
since 2019
7 recorded transactions
2019
Price N/A
2018
Price N/A
2018
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
AA012 · Norcross, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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