Property profile

5597 Buford Hwy Doraville, GA 30340

OFF-MARKET
Specialty properties
Property ID
US22-0877386
117,000 SF 13.47 ac lot
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Property summary

AI-generated overview

This exceptional 13.47-acre mixed-use property, located at 5597 Buford Hwy NE in Doraville, GA 30340, presents a unique investment opportunity. The Lotus Grove development encompasses a substantial 117,000 square feet of space, currently offering one available unit of 3,254 square feet. Situated in the Norcross/Peachtree Corners submarket, this prime location benefits from excellent accessibility via Buford Highway and I-285. The project is envisioned as a vibrant Live-Work-Play & Experience destination, featuring a 760-unit, 12-story residential tower (the tallest in DeKalb County), along with retail spaces, restaurants, a food hall, and a hotel, all centered around a central park. Site work is actively underway, with vertical construction anticipated to commence in the first quarter of 2023, and completion projected for the first quarter of 2024. This presents a compelling opportunity to secure space within a rapidly developing, high-profile mixed-use community. Pre-leasing inquiries are encouraged for this exceptional space within a dynamic and strategically located development. The property's size and location make it ideal for a variety of businesses seeking exposure in a thriving area. Don't miss this chance to be part of a landmark project.

Property profile

Verified
Property type Specialty properties
Total area 117,000 SF
Lot 13.47 ac (586,753 SF)
UPID US22-0877386

Cap rate & NOI

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

Location

5597 Buford Hwy Doraville, GA 30340
Doraville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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