812 Dacula Rd Dacula, GA 30019-3185
- Drive through restaurants
- 1,829 SF
- 1.09 lot acres
Current Use by Public Records
- Sonic Drive-In / Fast Food Restaurant
Property Details for 812 Dacula Rd
- Year built
- 2007
- Construction
- WOOD
- Lot size
- 1.09 lot acres
- Property size
- 1,829 SF
- Zone code
- C3-CENTRAL BUS -DACULA-03
- Property type
- Drive through restaurants
- APN
- 5-273 -525
- APU
- 5273525
Description
This exceptional 1,829-square-foot retail property, formerly a Sonic Drive-In, is available for $1,475,000. Located at 812 Dacula Rd, Dacula, GA 30019, this vacant, single-story building sits on a 1.09-acre lot and boasts a Class B rating. Built in 2007, the property benefits from high visibility and traffic counts, with over 14,400 vehicles passing daily to the north and over 17,500 to the south. Its strategic location on Hwy 316, a major thoroughfare between Atlanta and Athens, sees over 49,000 vehicles daily. The C3 zoning allows for diverse redevelopment options. The property is situated in a thriving retail area, near major grocery stores like Publix and Kroger, and benefits from a strong demographic profile. Within a 5-mile radius, the daytime population exceeds 100,900, with projected 10.4% growth in the next 5 years. The area also features a Publix Distribution Center and Gwinnett County Airport. Nearby residential areas include numerous neighborhoods and golf communities, along with several schools including Hebron Christian Academy, Dacula Elementary, Northeast Atlanta Christian School, Dacula Middle School, and Dacula High School. This presents a unique opportunity to acquire a property in a high-growth area with excellent visibility and potential for various commercial uses. The price per square foot is $806.45.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,400,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,390,000
- 6.5%
- $1,230,000
- 7%
- $1,185,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,370,000
- Geo Method
- $1,440,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,595,000
- Retail
- $1,600,000
- Mixed-Use
- $1,410,000
- Hospitality
- $1,305,000
- Educational
- $1,670,000
- Residential Income
- $1,350,000
- Energy
- $1,450,000
- Income-Based Land
- $1,475,000
- Food Service
- $1,700,000
Location Insight
- Map
- Local Demand
- City
- Dacula
- County
- Gwinnett
- State
- Georgia
- Longitude
- -83.9146
- Latitude
- 34.0065
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA