860 Collins Hill RdLawrenceville, GA 30043

Property Details for 860 Collins Hill Rd

Year built

1990

Construction

WOOD

Lot size

0.66 AC

Property size (Sq ft)

6,000 SF

Zone code

LM-LIGHT MANUFACTURING

Property type

Healthcare properties

Property subtype

Medical offices

APN

7-010 -063

APU

7010063

Description

This exceptional 6,000-square-foot Class C medical office building, located at 860 Collins Hill Road in Lawrenceville, Georgia, presents a compelling investment opportunity. Priced at $1,200,000, the property boasts a well-designed clinical layout, ideal for efficient operations. Previously occupied by a family practice physician, the building offers dedicated space suitable for imaging and laboratory services. The property includes a significant advantage: an adjacent 0.26-acre unimproved lot, providing potential for future expansion or development. Situated in a rapidly growing area of Gwinnett County, this single-tenant medical office building enjoys convenient access to GA Highway 316, ensuring easy commuting for both staff and patients. Its proximity to Georgia Gwinnett College further enhances its appeal and potential for attracting a diverse clientele. The versatile space and prime location make this a highly attractive prospect for both owner-users and investors seeking a strong return in a thriving market. The property's address is 860 Collins Hill Rd, Lawrenceville, GA 30043, within Gwinnett County.

• CAP approach

  CAP return

  Valuation

  6%

  $1,052,971

  6.5%

  $971,973

  7%

  $902,547

• Comparable approach

  Method

  Valuation

  Relative Method

  $714,965

  Geo Method

  $714,965

• Alternative Use

  Use

  Valuation

  Residential

  $1,205,247

  Hospitality

  $1,104,000

  Educational

  $918,515

  Medical

  $950,104

  Retail

  $1,428,801

Location Insight

City

Lawrenceville

County

Gwinnett

State

Georgia

Latitude

33.9785

Longitude

-83.9975

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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