311 Jesse Jewell PkwyGainesville, GA 30501

Property Details for 311 Jesse Jewell Pkwy

Year built

1915

Construction

STEEL FRAME

Lot size

2.53 AC

Property size (Sq ft)

25,718 SF

Zone code

G-B

Property type

Turn key restaurants

APN

01-011 -003-010

APU

1011003010

Description

This exceptional Gainesville warehouse property, located at 311 Jesse Jewell Parkway, offers 9,000 square feet of industrial space, with 2,264 square feet currently available for lease. The single-story, Class B building, constructed in 1900, sits on a 2.53-acre lot and features one loading dock and ample parking for 60 vehicles. The property is zoned for General Business use (APN: 01-00011-03-010) and is conveniently located near Maple Street, offering easy access to I-985 and Lee Gilmer Airport. Its prime location in the "Midtown Opportunity Zone" provides potential tax incentives for qualifying businesses. The property is part of the Mule Camp Springs development and is within walking distance of Gainesville's vibrant Square, boasting numerous restaurants, shops, banks, and the Hall County Courthouse. Other nearby amenities include the Post Office, Northeast Georgia Medical Center, and Brenau University, all within a mile radius. The minimum divisible space is 2,264 square feet, and the maximum contiguous space available is also 2,264 square feet. The building comprises five total suites.

• CAP approach

  CAP return

  Valuation

  6%

  $5,110,180

  6.5%

  $4,717,090

  7%

  $4,380,150

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,217,220

  Geo Method

  $5,217,220

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $9,138,790

  Mixed-Use / Specialty

  $4,724,510

  Hospitality / Lodging

  $3,497,790

  Office

  $4,721,700

  Institutional / Educational

  $4,920,250

  Residential Income

  $5,756,700

  Multifamily

  $6,769,880

  Automotive / Energy

  $4,217,360

  Parking / Income-Based Land

  $1,431,410

  Restaurant / Food Service

  $2,508,990

  Healthcare / Senior Housing

  $4,820,040

Location Insight

City

Gainesville

County

Hall

State

Georgia

Latitude

34.296

Longitude

-83.8268

CBSA code

23580

CBSA name

GAINESVILLE, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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