1185 Buford HwySugar Hill, GA 30518

Property Details for 1185 Buford Hwy

Year built

1999

Lot size

2.06 AC

Property size (Sq ft)

4,620 SF

Zone code

BG-GENERAL BUSINESS

Property type

Retail properties

Property subtype

Gas stations

APN

7-257 -249

APU

7257249

Description

This exceptional 4,620 square foot auto shop, located at 1185 Buford Hwy NE in Sugar Hill, Georgia, presents a lucrative investment opportunity. Currently operating at 100% occupancy, this single-tenant property boasts a prime location along Buford Highway within a rapidly growing section of Sugar Hill. Built in 1999, the one-story building sits on a 2.06-acre lot and is zoned AA003. The well-equipped service center features eight bays, five lifts, and one alignment machine, ensuring efficient operations. Beyond the service area, the property includes a comfortable reception area, a dedicated office, a waiting room for customers, a break room for staff, a shower, and a mezzanine level, providing ample space for various operational needs. The asking price is $2,650,000, translating to $573.59 per square foot. This turnkey operation offers immediate income potential and significant upside in a thriving market. The property's size and features make it ideal for continued operation as an auto service center or potential redevelopment given its zoning and location. This is a rare opportunity to acquire a successful, established business in a high-demand area. The property is offered for sale by owner.

• CAP approach

  CAP return

  Valuation

  6%

  $1,191,858

  6.5%

  $1,100,177

  7%

  $1,021,593

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,270,966

  Geo Method

  $2,270,966

• Alternative Use

  Use

  Valuation

  Residential

  $928,040

  Hospitality

  $850,080

  Educational

  $707,256

  Medical

  $731,580

  Retail

  $1,100,177

Location Insight

City

Sugar Hill

County

Gwinnett

State

Georgia

Latitude

34.0868

Longitude

-84.0219

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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