Technical
Financial
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Property profile

606 White Sulphur Rd Gainesville, GA 30501

OFF-MARKET
Commercial land
Property ID
US22-0412980
0.69 ac lot
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional .6-acre commercial land parcel, located at the high-traffic intersection of Jesse Jewell Parkway and Highway 985 in Gainesville, Georgia, presents a unique investment opportunity. Zoned G-B, this build-ready site boasts existing parking and detention, eliminating significant upfront development costs. The property's ideal location offers exceptional visibility and accessibility, situated in a rapidly growing Atlanta suburb with a strong retail presence. The site is large enough to accommodate a 1600-2000 square foot building with drive-thru capabilities, making it suitable for a variety of commercial uses. Nearby established businesses include Chipotle, Chick-fil-A, Arby's, Shane's Rib Shack, Express Oil Change, and Sherwin-Williams, indicating a thriving commercial environment. Furthermore, its proximity to the Northeast Georgia Medical Center, a major 557-bed hospital, provides a substantial and stable customer base. The asking price is $850,000, and the property's APN is 09123 000008A. This is a rare opportunity to acquire a prime commercial lot in a high-growth area with excellent infrastructure and established surrounding businesses. Don't miss this chance to capitalize on this strategic location and build your business success.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.69 ac (30,056 SF)
Zoning code G-B
APN 09-123 -000-008A
UPID US22-0412980

Cap rate & NOI

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

Location

606 White Sulphur Rd Gainesville, GA 30501-2620
Gainesville metro Census 602 GAINESVILLE, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$180k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k

Owner & transaction history

since 2023
Last sale
$228,461
1 recorded transaction
2023
$228,461

Zoning & alternative use

G-B · Gainesville, GA
Zoning description

Standard O-I N-B C-B R-B G-B L-I H-I Table Notes: A “-“ in a cell = Not Permitted *Additional density may be allowed by the Governing Body with approval of a Special Use. **Required zoning buffers may be reduced in width…

General category COMMERCIAL

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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