5380 Peachtree Industrial BlvdNorcross, GA 30071

  • Other commercial real estate
  • 23,752 SF
For Lease
$8/SF/YR View listing

Property Details for 5380 Peachtree Industrial Blvd

Year built
1985
Construction
WOOD
Lot size
1.32 AC
Property size (Sq ft)
23,752 SF
Zone code
C2-GENERAL BUSINESS
Property type
Other commercial real estate
APN
6-271 -017
APU
6271017

Description

This exceptional commercial property, Peachtree Medlock Corner, offers 22,654 square feet of versatile space in Norcross, Georgia. Located at 5380 Peachtree Industrial Blvd (zip code 30071), this two-story, Class B building boasts a prime location with high visibility on a major thoroughfare experiencing over 37,000 vehicles daily. Built in 1986 and extensively renovated in 2022, the property features 14 suites across a 1.32-acre lot, zoned General Business | C2. Three immediately available office suites range from 1,511 to 2,224 square feet, with a maximum contiguous space of 2,224 square feet. The property's diverse suite sizes cater to various business needs, from traditional and executive offices to medical and creative spaces, even accommodating retail or cafe uses. The building is situated within a thriving retail corridor in Gwinnett County, benefiting from a robust local economy showcasing a 23.3% population increase over the past 12 years and an average household income exceeding $96,000 within a three-mile radius. While there are no elevators, the property's recent renovations and strategic location make it an attractive option for businesses seeking a modern and accessible workspace. The property includes a prominent pylon sign for enhanced visibility.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,221,504
    Hospitality
    $4,782,869
    Educational
    $3,979,291
    Medical
    $4,116,145
    Retail
    $6,190,008
5380 Peachtree Industrial Blvd, Norcross, Georgia

Location Insight

City
Norcross
County
Gwinnett
State
Georgia
Latitude
33.9599
Longitude
-84.2095
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$23,112
$184,000
$536,000
$720,000
-
$460,000
$1,340,000
$1,800,000

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