2149 Scenic HwySnellville, GA 30078

  • Mixed-use properties
  • 2,032 SF
For Sale
$450,000 View listing

Property Details for 2149 Scenic Hwy

Year built
1950
Construction
WOOD
Lot size
0.95 AC
Property size (Sq ft)
2,032 SF
Zone code
AA005
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
5-039 -197
APU
5039197

Description

This exceptional commercial property, located at 2149 Scenic Highway in Snellville, Georgia, presents a unique opportunity for a business seeking high visibility and significant road frontage. The 2,032 square foot building sits on a generous 0.95-acre lot, boasting an impressive 271+ feet of frontage along Highway 124. This prime location ensures substantial traffic exposure, ideal for attracting customers. The property is zoned BN and previously operated as a flower shop, offering existing infrastructure and a readily adaptable space. Its strategic placement across the street from United Community Bank and a veterinary hospital, and adjacent to the Snellville Pavilion, guarantees a high concentration of potential clientele. The existing signage further enhances visibility, making it an excellent choice for a business requiring strong brand presence. This property offers a rare combination of size, location, and visibility, making it an exceptional investment opportunity in a thriving Snellville commercial district. The property's history as a flower shop provides a solid foundation for a variety of potential uses, and its proximity to established businesses ensures a robust customer base. The ample road frontage and high traffic volume make this an unparalleled opportunity for a business seeking maximum exposure and growth potential. The 0.95-acre lot provides ample space for expansion or additional development, further enhancing its long-term value.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $371,320
    6.5%
    $342,757
    7%
    $318,275
  • Comparable approach

    Method
    Valuation
    Relative Method
    $229,610
    Geo Method
    $229,610
  • Alternative Use

    Use
    Valuation
    Residential
    $425,019
    Hospitality
    $389,315
    Educational
    $323,906
    Medical
    $335,045
    Retail
    $503,853
2149 Scenic Hwy, Snellville, Georgia

Location Insight

City
Snellville
County
Gwinnett
State
Georgia
Latitude
33.863
Longitude
-84.0183
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
$3,621
$38,000
$74,800
$112,800
-
$95,000
$187,000
$282,000

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