884 Buford DrLawrenceville, GA 30043-6736

Property Details for 884 Buford Dr

Year built

1997

Lot size

2.69 AC

Property size (Sq ft)

23,000 SF

Zone code

C2-GENERAL BUSINESS

Property type

Commercial real estate

APN

7-012 -106

APU

7012106

Description

Cripple Creek Plaza, a single-story, Class C retail strip center in Gwinnett County's Suwanee/Buford submarket, offers a prime leasing opportunity. This 22,950 square foot center, built in 1996, sits on a 2.69-acre lot and boasts excellent visibility and frontage on Buford Highway. Currently, 1,500 square feet in Suite 700 is available for lease. The property provides ample parking with a ratio of 4.37 spaces per 1,000 square feet. Its strategic location offers convenient access to major thoroughfares, including Highway 29, and benefits from proximity to the Gwinnett County Airport and Georgia Gwinnett College, ensuring high traffic and visibility. The property is ideal for a variety of retail businesses seeking a well-located space in a thriving community. The available suite offers excellent potential for businesses seeking high visibility and convenient access to a diverse customer base. The property's established presence and convenient location make it an attractive option for businesses looking to establish or expand their operations in the Suwanee/Buford area. The 1,500 square foot space presents a unique opportunity for a business to thrive in a high-traffic location.

• CAP approach

  CAP return

  Valuation

  6%

  $4,574,580

  6.5%

  $4,222,680

  7%

  $3,921,060

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,737,340

  Geo Method

  $2,737,340

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $8,172,960

  Retail / Commercial

  $4,218,560

  Mixed-Use / Specialty

  $4,225,200

  Hospitality / Lodging

  $3,128,120

  Office

  $4,222,680

  Institutional / Educational

  $4,400,260

  Residential Income

  $5,148,300

  Multifamily

  $6,054,410

  Automotive / Energy

  $3,771,650

  Parking / Income-Based Land

  $1,280,130

  Restaurant / Food Service

  $2,243,830

  Healthcare / Senior Housing

  $4,310,640

Location Insight

City

Lawrenceville

County

Gwinnett

State

Georgia

Latitude

33.9861

Longitude

-83.9853

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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