311 Green StGainesville, GA 30501

Property Details for 311 Green St

Year built

1958

Lot size

2.52 AC

Property size (Sq ft)

34,844 SF

Zone code

C-B

Property type

Office properties

Property subtype

Office buildings

APN

01-024 -004-019

APU

1024004019

Description

This five-story, 34,844 square foot executive office building, located at 311 Green Street in historic downtown Gainesville, Georgia (30501), offers multiple tenancy options. Built in 1958 and renovated in 2005, the property sits on a 2.52-acre lot (APN 1024004019) and is zoned C-B. Individual suites range from a minimum of 163 square feet to a maximum contiguous space of 1,022 square feet, with 3,557 square feet currently vacant. The building features two elevators and ample parking. All utilities and janitorial services are included in the rent. On-site management provides convenient oversight. This prime location offers excellent visibility and is conveniently situated near Interstate 985, restaurants, banks, the county courthouse, the downtown square, and the Northeast Georgia Medical Center. The cross street is West Academy Street.

• CAP approach

  CAP return

  Valuation

  6%

  $6,114,954

  6.5%

  $5,644,574

  7%

  $5,241,390

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,796,670

  Geo Method

  $6,796,670

• Alternative Use

  Use

  Valuation

  Residential

  $6,999,272

  Hospitality

  $6,411,295

  Educational

  $5,334,122

  Medical

  $5,517,570

  Retail

  $8,297,523

Location Insight

City

Gainesville

County

Hall

State

Georgia

Latitude

34.3028

Longitude

-83.8267

CBSA code

23580

CBSA name

GAINESVILLE, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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