2149 Scenic HwySnellville, GA 30078
- Mixed-use properties
- 2,032 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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