This exceptional 10,000-square-foot single-tenant office and retail space is ideally situated at 5139 Jimmy Carter Boulevard in Norcross, Georgia, within the Gwinnett County submarket. The property boasts a Class C designation and offers excellent visibility with a pylon sign, benefiting from high traffic volume exceeding 50,000 vehicles daily. Currently fully vacant, this space presents a unique opportunity for a medical tenant. Flexible suite sizes are available, ranging from approximately 800 square feet to 2,800 square feet, allowing for customization to meet specific business needs. The building's location in the Norcross submarket of Gwinnett County, Georgia (zip code 30093), provides convenient access to major transportation routes and a thriving local community. This property is perfect for a medical practice seeking a high-profile location with ample space and significant daily traffic exposure. The address is 5139 Jimmy Carter Blvd, Norcross, GA 30093. Specific suite sizes include approximately 2,985, 1,225, 1,505, and 1,715 square feet. This presents a rare chance to establish a prominent presence in a busy and accessible area.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$1,908,080
6.5%
$1,761,310
7%
$1,635,500
Comparable approach
Method
Valuation
Relative Method
$1,063,750
Geo Method
$1,063,750
Alternative Use
Use
Valuation
Industrial / Distribution
$3,371,960
Retail / Commercial
$1,747,850
Mixed-Use / Specialty
$1,756,370
Hospitality / Lodging
$1,307,810
Institutional / Educational
$1,831,190
Residential Income
$2,142,500
Multifamily
$2,487,790
Automotive / Energy
$1,569,590
Parking / Income-Based Land
$527,070
Restaurant / Food Service
$944,993
Healthcare / Senior Housing
$1,786,000
Location Insight
City
Norcross
County
Gwinnett
State
Georgia
Latitude
33.899
Longitude
-84.2018
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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Jimmy Carter Blvd Norcross, GA 30093
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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