7065 Jimmy Carter BlvdNorcross, GA 30092

Property Details for 7065 Jimmy Carter Blvd

Year built

1997

Construction

WOOD

Lot size

4.69 AC

Property size (Sq ft)

41,274 SF

Zone code

C2-GENERAL BUSINESS

Property type

Hotels

Property subtype

Motels

APN

6-274 -083

APU

6274083

Description

This exceptional 10.44-acre commercial land parcel presents a unique redevelopment opportunity in the thriving Peachtree Corners area of Norcross, Georgia. Strategically located at 7065 and 7067 Jimmy Carter Boulevard, the property boasts 301 feet of frontage on Jimmy Carter Boulevard and 831 feet on Peachtree Industrial Boulevard, ensuring maximum visibility. Currently zoned C-2 General Business, the site allows for a wide range of commercial uses, including healthcare facilities, retail, dining, and office spaces, making it ideal for a senior living community or other large-scale developments. The property includes on-site utilities, water, and sewer. The area enjoys impressive traffic counts (31,200 ADT) and a high average household income ($109,062). Nearby amenities include major retailers (Home Depot, Walmart, Publix), restaurants (Tortugas Cuban Grill, Chick-fil-A), and recreational facilities (Holcomb Bridge Park, Best Friend Park). The property benefits from easy access to I-85, I-285, and Peachtree Parkway (GA-141), and is near the Doraville transit station. Significant infrastructure improvements are underway on Jimmy Carter Boulevard and the I-85 corridor, further enhancing the property's value and appeal. The asking price is $10,400,000, and owner financing is available. This is a rare chance to acquire a substantial tract of land in a rapidly growing area with excellent potential for significant returns. The property's APN is R6274 083, and the zip code is 30092.

• CAP approach

  CAP return

  Valuation

  6%

  $6,081,280

  6.5%

  $5,613,490

  7%

  $5,212,520

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,153,390

  Geo Method

  $2,153,390

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $14,666,600

  Retail / Commercial

  $7,570,300

  Mixed-Use / Specialty

  $7,582,220

  Office

  $7,577,700

  Institutional / Educational

  $7,896,360

  Residential Income

  $9,238,740

  Multifamily

  $10,864,800

  Automotive / Energy

  $6,768,310

  Parking / Income-Based Land

  $2,297,220

  Restaurant / Food Service

  $4,026,600

  Healthcare / Senior Housing

  $7,735,530

Location Insight

City

Peachtree Corners

County

Gwinnett

State

Georgia

Latitude

33.9491

Longitude

-84.2361

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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