2415 Beaver Ruin RdNorcross, GA 30071

Property Details for 2415 Beaver Ruin Rd

Year built

2002

Construction

WOOD

Lot size

0.06 AC

Property size (Sq ft)

2,921 SF

Zone code

OI-OFFICE-INSTITUTIONAL

Property type

Healthcare properties

Property subtype

Medical offices

APN

6-242 -305

APU

6242305

Description

This exceptional 0.45-acre commercial lot at 2415 Beaver Ruin Road, Norcross, Georgia, presents a unique investment opportunity. Situated on a highly visible corner, the property offers excellent accessibility and frontage on two roads, ensuring maximum exposure for any commercial venture. The 1,256 square foot lot is located in Gwinnett County, a thriving area with strong economic growth. Its zoning allows for office and institutional uses, providing considerable flexibility for potential developers. The level topography simplifies the development process, minimizing site preparation costs and expediting construction timelines. This prime location offers easy access to major interstates, guaranteeing high traffic volume and strong potential for long-term growth and return on investment. The property's strategic positioning makes it suitable for a wide range of commercial applications, from medical facilities to office spaces, and presents a compelling opportunity for investors and owner-users seeking a valuable asset in a dynamic market. The asking price is $199,000. This is a rare opportunity to acquire a well-located, versatile commercial property in a desirable area.

• CAP approach

  CAP return

  Valuation

  6%

  $561,006

  6.5%

  $517,852

  7%

  $480,862

• Comparable approach

  Method

  Valuation

  Relative Method

  $179,291

  Geo Method

  $179,291

• Alternative Use

  Use

  Valuation

  Residential

  $642,136

  Hospitality

  $588,193

  Educational

  $489,370

  Medical

  $506,200

  Retail

  $761,242

Location Insight

City

Norcross

County

Gwinnett

State

Georgia

Latitude

33.9409

Longitude

-84.1986

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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