5549 Cumming HwySugar Hill, GA 30518

Property Details for 5549 Cumming Hwy

Year built

1975

Construction

WOOD

Lot size

2.00 AC

Property size (Sq ft)

2,250 SF

Zone code

C2-GENERAL BUSINESS

Property type

Retail properties

Property subtype

Auto shops

APN

7-320A-021

APU

7320A021

Description

This exceptional 1.959-acre property in Gwinnett County, Georgia, presents a unique investment opportunity. Located at 5549 Cumming Highway NE (also known as GA 20 and Nelson Brogdon Boulevard) in Sugar Hill, zip code 30518, this property is zoned C2 and offers significant potential. The main building, totaling 2,250 square feet, features three bays, ideal for automotive repair or related businesses. Additional improvements include a mezzanine for storage, a vehicle lift, and a convenient efficiency apartment. Further enhancing storage capacity are a separate storage outbuilding and a large structural pole barn. The property boasts nearly two acres of graded land, primarily covered in concrete or gravel, providing ample usable space. While the property does not directly front Cumming Highway, access is provided via an existing easement. The property's history includes use as an automotive salvage and repair business. This offering includes the main building, outbuildings, and the land. The property is sold "As-Is." The asking price is $1,250,000, with a price per square foot of $555.56. The property is located outside the Sugar Hill city limits. The parcel number is R7320A 021.

• CAP approach

  CAP return

  Valuation

  6%

  $580,450

  6.5%

  $535,800

  7%

  $497,529

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,105,990

  Geo Method

  $1,105,990

• Alternative Use

  Use

  Valuation

  Residential

  $451,968

  Hospitality

  $414,000

  Educational

  $344,443

  Medical

  $356,289

  Retail

  $535,800

Location Insight

City

Buford

County

Gwinnett

State

Georgia

Latitude

34.1141

Longitude

-84.0662

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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