500 Jesse Jewell PkwyGainesville, GA 30501

  • Retail properties
  • 28,230 SF
For Lease
$22/SF/YR View listing

Property Details for 500 Jesse Jewell Pkwy

Year built
1989
Construction
STEEL FRAME
Lot size
2.57 AC
Property size (Sq ft)
28,230 SF
Zone code
O-I
Property type
Retail properties
Property subtype
Banks
APN
01-022 -005-002
APU
1022005002

Description

This exceptional Class A office building, located at 500 Jesse Jewell Pkwy in Gainesville, Georgia, offers a variety of executive office suites for lease. The Cadence Bank Building, constructed in 1989, boasts a total of 27,411 square feet, with 22,284 square feet currently available. Spaces range from a minimum of 299 square feet to a maximum contiguous space of 5,571 square feet, providing flexibility for businesses of various sizes. The building features one elevator and ample parking, ensuring convenient access for tenants and their clients. Its prime location in Downtown Gainesville offers easy access to government offices, retail establishments, other professional offices, and a variety of restaurants. The property is zoned O-I (Office and Institutional) within Hall County's Northeast GA submarket, and its central location provides excellent visibility and accessibility. The building is anchored by Cadence Bank, providing a strong and established presence in the area. This is a full-service opportunity to establish your business in a prestigious and well-maintained building in a thriving downtown location. The address is 500 Jesse Jewell Pkwy, Gainesville, GA 30501, and the cross street is Race Street.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,282,718
    6.5%
    $6,722,508
    7%
    $6,242,329
  • Comparable approach

    Method
    Valuation
    Relative Method
    $13,876,490
    Geo Method
    $13,876,490
  • Alternative Use

    Use
    Valuation
    Residential
    $5,670,688
    Hospitality
    $5,194,319
    Educational
    $4,321,612
    Medical
    $4,470,240
    Retail
    $6,722,508
500 Jesse Jewell Pkwy, Gainesville, Georgia

Location Insight

City
Gainesville
County
Hall
State
Georgia
Latitude
34.2989
Longitude
-83.821
CBSA code
23580
CBSA name
GAINESVILLE, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$50,765
$510,497
$1,262,131
$1,772,628
-
$1,276,243
$3,155,327
$4,431,570

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