1485 Jesse Jewell PkwyGainesville, GA 30501

  • Healthcare properties
  • 69,888 SF
For Lease
$29.50/SF/YR View listing

Property Details for 1485 Jesse Jewell Pkwy

Year built
2011
Lot size
5.37 AC
Property size (Sq ft)
69,888 SF
Zone code
O-I
Property type
Healthcare properties
Property subtype
Medical offices
APN
01-082 -004-006
APU
1082004006

Description

This Gainesville, GA property offers 6,073 square feet of surgery center space and 2,173 square feet of medical office space for lease. Located in the Parkway Professional Center, this three-story brick building boasts a common area lobby, two passenger elevators, and ample parking (200 spaces, a 2.96:1,000 SF ratio). Built in 2011 and renovated in 2023, the building is situated on 5.37 acres of land with street frontage on Jesse Jewell Parkway. The property is conveniently located near Northeast Georgia Medical Center, easily accessible from I-985 (Exit 24), and benefits from the continued commercial growth along Jesse Jewell Parkway. The building is zoned OI and features a total of 67,500 square feet, with a minimum divisible space of 2,173 square feet and a maximum contiguous space of 6,073 square feet. The property's Class A designation reflects its high-quality construction and amenities. Hall County location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $12,265,009
    6.5%
    $11,321,546
    7%
    $10,512,864
  • Comparable approach

    Method
    Valuation
    Relative Method
    $13,632,353
    Geo Method
    $13,632,353
  • Alternative Use

    Use
    Valuation
    Residential
    $14,038,717
    Hospitality
    $12,859,390
    Educational
    $10,698,861
    Medical
    $11,066,812
    Retail
    $16,642,673
1485 Jesse Jewell Pkwy, Gainesville, Georgia

Location Insight

City
Gainesville
County
Hall
State
Georgia
Latitude
34.308
Longitude
-83.8074
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
$209,077
$682,560
$6,618,000
$7,300,560
-
$1,706,400
$16,545,000
$18,251,400

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