330 Research CtNorcross, GA 30092

Property Details for 330 Research Ct

Year built

1980

Lot size

3.52 AC

Property size (Sq ft)

29,700 SF

Zone code

M1-LIGHT INDUSTRY

Property type

Other commercial real estate

APN

6-285 -044

APU

6285044

Description

This exceptional 27,320-square-foot office building, situated on a 3.5-acre lot in Norcross, Georgia (30092), presents a compelling value-add redevelopment opportunity. The three-story Class B building is currently vacant, offering significant potential for repositioning. The property boasts a prime location within Technology Park/Atlanta in Peachtree Corners, known for its vibrant technology sector. The building features ample glass on all three floors, maximizing natural light. The lower level, with its potential for conversion to a grade-level roll-up door, is ideal for various uses, including storage, lab space, or R&D. The second floor includes a spacious main lobby, an owner's suite, and additional leasable space. The third floor offers mostly open office space, a breakroom, and several private offices, all with excellent lake views. The expansive grounds provide ample outdoor space for amenities, creating a private corporate campus feel. The property offers the unique opportunity to create a multi-tenant building or a single-tenant corporate headquarters. The asking price is $3,500,000 ($128.11/SF), well below replacement cost. Parking is currently 4 spaces per 1,000 square feet, with potential for expansion. The owner is open to leasing back a portion of the second floor.

• Alternative Use

  Use

  Valuation

  Residential

  $5,965,973

  Hospitality

  $5,464,799

  Educational

  $4,546,648

  Medical

  $4,703,015

  Retail

  $7,072,564

Location Insight

City

Peachtree Corners

County

Gwinnett

State

Georgia

Latitude

33.9641

Longitude

-84.2157

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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