344 Northside DrGainesville, GA 30501

Property Details for 344 Northside Dr

Year built

1950

Construction

STEEL FRAME

Lot size

0.17 AC

Property size (Sq ft)

5,000 SF

Zone code

G-B

Property type

Retail properties

Property subtype

Retail space

APN

01-001 -002-001

APU

1001002001

Description

This exceptional 5,000-square-foot warehouse, situated on a 0.17-acre lot at 344 Northside Dr in Gainesville, Georgia (zip code 30501), presents a compelling investment opportunity. Built in 1950, this well-maintained structure boasts a four-sided brick exterior, ensuring durability and lasting appeal. Its convenient location offers easy access to downtown Gainesville Square, providing excellent visibility and accessibility for businesses. The warehouse features a practical layout, including a dock door on the side and a roll-up door at the front, facilitating efficient loading and unloading of goods. The property's solid construction and functional design make it suitable for a variety of uses, from storage and distribution to light manufacturing or other industrial operations. This versatile space is ideal for businesses seeking to expand their operations, requiring additional storage capacity, or establishing a new operational base in a thriving area. The asking price for this property is $800,000. The property is classified as industrial and is located in Hall County. This is a rare opportunity to acquire a well-maintained, strategically located warehouse in a desirable Georgia market. The property's age and condition suggest a solid foundation for future growth and profitability.

• CAP approach

  CAP return

  Valuation

  6%

  $1,289,890

  6.5%

  $1,190,667

  7%

  $1,105,620

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,457,756

  Geo Method

  $2,457,756

• Alternative Use

  Use

  Valuation

  Residential

  $1,004,372

  Hospitality

  $920,000

  Educational

  $765,429

  Medical

  $791,753

  Retail

  $1,190,667

Location Insight

City

Gainesville

County

Hall

State

Georgia

Latitude

34.302

Longitude

-83.8292

CBSA code

23580

CBSA name

GAINESVILLE, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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