1605 Buford HwyBuford, GA 30518

  • Retail properties
  • 76,238 SF
For Lease

Property Details for 1605 Buford Hwy

Year built
1984
Lot size
9.27 AC
Property size (Sq ft)
76,238 SF
Zone code
C2-GENERAL BUSINESS
Property type
Retail properties
Property subtype
Community centers
APN
7-259 -261
APU
7259261

Description

This exceptional 73,938 square foot retail strip center, located at 1605 Buford Highway NE in Buford, Georgia (zip code 30518), presents a prime opportunity for businesses seeking high visibility and strong foot traffic. Currently, 1,200 square feet of retail space is available for lease. The center boasts a desirable location in Gwinnett County, Georgia, and benefits from its proximity to established national retailers such as At Home and AutoZone, ensuring a consistent flow of customers. The property's multiple tenancy structure provides a diverse and vibrant shopping environment. The building's total square footage is 73,938 square feet, indicating a substantial and well-established retail presence. This property is ideal for a variety of retail businesses seeking to establish or expand their presence in a thriving commercial area. The address is easily accessible from Buford Highway NE, offering excellent visibility and convenient access for customers. With its strategic location and strong tenant mix, this retail center represents a compelling investment opportunity. The available space offers a blank canvas for businesses to create a unique and successful retail operation. Contact us today to learn more about this exceptional opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $19,667,722
    6.5%
    $18,154,820
    7%
    $16,858,048
  • Comparable approach

    Method
    Valuation
    Relative Method
    $37,474,880
    Geo Method
    $37,474,880
  • Alternative Use

    Use
    Valuation
    Residential
    $15,314,271
    Hospitality
    $14,027,790
    Educational
    $11,670,956
    Medical
    $12,072,338
    Retail
    $18,154,820
1605 Buford Hwy, Buford, Georgia

Location Insight

City
Buford
County
Gwinnett
State
Georgia
Latitude
34.0978
Longitude
-84.0094
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, 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
2023
$19,086
$737,480
$592,520
$1,330,000
-
$1,843,700
$1,481,300
$3,325,000

FAQs

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