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    OFF-MARKET
    Commercial real estate

    5597 Buford Hwy, Doraville, GA 30340

    117,000 SF 13.47 ac lot
    Property ID
    US22-0877386
    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 Commercial real estate
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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