1528 Browns Bridge RdGainesville, GA 30504

Property Details for 1528 Browns Bridge Rd

Year built

1989

Construction

STEEL FRAME

Lot size

0.73 AC

Property size (Sq ft)

1,680 SF

Zone code

H-B

Property type

Car washes

APN

01-119C-001-021D

APU

01119C001021D

Description

This exceptional retail opportunity is located at 1528 Browns Bridge Road in Gainesville, Georgia, 30504. The property boasts a total of 6,331 square feet, with approximately 2,230 square feet currently available for lease in a single-tenant space within a larger building constructed in 2000. The site sits on 0.73 acres of land and offers ample parking with 40 spaces. The property is situated on Browns Bridge Road, a highly trafficked area with excellent visibility and accessibility, boasting 30,151 vehicles per day. The zoning is General Business District (G-B), allowing for a wide range of uses, including but not limited to automotive repair, fuel service stations, convenience stores, banks, building material sales, and various other retail and service businesses. A minimum three-year lease is required, with a base rent of $15 per square foot. The existing tenant, Rent A Wheel, will continue to occupy a portion of the building. The available space was formerly a car wash and is suitable for a variety of uses, with restrictions on tire/wheel sales, oil changes, and fluid services due to environmental considerations. Hall County and the City of Gainesville provide a strong foundation for business growth in this prime location.

• CAP approach

  CAP return

  Valuation

  6%

  $433,403

  6.5%

  $400,064

  7%

  $371,488

• Comparable approach

  Method

  Valuation

  Relative Method

  $825,806

  Geo Method

  $825,806

• Alternative Use

  Use

  Valuation

  Residential

  $337,469

  Hospitality

  $309,120

  Educational

  $257,184

  Medical

  $266,029

  Retail

  $400,064

Location Insight

City

Gainesville

County

Hall

State

Georgia

Latitude

34.2855

Longitude

-83.8447

CBSA code

23580

CBSA name

GAINESVILLE, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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