117 Buford DrLawrenceville, GA 30046
- Other commercial real estate
- 6,946 SF
Property Details for 117 Buford Dr
- Year built
- 1959
- Lot size
- 0.42 AC
- Property size (Sq ft)
- 6,946 SF
- Zone code
- BG-GENERAL BUSINESS
- Property type
- Other commercial real estate
- APN
- 5-146B-090
- APU
- 5146B090
Description
This 7,000-square-foot Class C industrial distribution center, situated on a 0.71-acre lot in Lawrenceville, Georgia, presents a compelling owner-user opportunity. Built in 1959 with renovations circa 2018, the single-story building features a 15-foot ceiling height and boasts a prime corner location with significant frontage on Buford Drive, East Pike Street, and Chestnut Street. The property includes a 5,000-square-foot warehouse and a 2,000-square-foot office space. Improvements include a new HVAC unit and a new shingled roof over the front of the building. The property also benefits from one drive-in door, two entrance doors, and a fenced backyard. The adjacent lot is included in the sale. The property is zoned C1, allowing for potential alternative uses within the Lawrenceville Entertainment District. The current owner is open to a leaseback arrangement. This fee-simple property offers a unique blend of location, functionality, and potential. The asking price is $2,850,000, translating to $407.14 per square foot. Parcel numbers are R5146B090 and R5146B092.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,395,274
- Hospitality
- $1,278,064
- Educational
- $1,063,334
- Medical
- $1,099,904
- Retail
- $1,654,075
Location Insight
- City
- Lawrenceville
- County
- Gwinnett
- State
- Georgia
- Latitude
- 33.958
- Longitude
- -83.9866
- 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
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