3230 Financial Center WayBuford, GA 30519

  • Land
  • 1,368 SF
For Sale
$1,690,000 View listing

Property Details for 3230 Financial Center Way

Year built
1953
Lot size
2.78 AC
Property size (Sq ft)
1,368 SF
Zone code
C2-GENERAL BUSINESS
Property type
Land
Property subtype
Commercial land
APN
7-176 -009
APU
7176009

Description

This exceptional 2.78-acre commercial land parcel, located at 3230 Financial Center Way, Buford, GA 30519, presents a lucrative investment opportunity. Priced at $1,690,000, this shovel-ready site boasts Gwinnett County Board of Commissioners approval for a hotel or extended-stay hotel, making it an ideal development project. The property is zoned AA068 and includes all utilities, with sewer readily available. A completed geotechnical engineering study and HVS feasibility study are already available for review. Its strategic location between I-85 and I-985, just off Highway 20 near the bustling Mall of Georgia, ensures high visibility and accessibility. The area offers numerous amenities, including the Mall of Georgia, Lake Sidney Lanier, CoolRay Field (home of the Gwinnett Stripers), and the Gas South Arena and Convention Center. This prime location, combined with the existing approvals and studies, minimizes development hurdles and maximizes potential return on investment. The high traffic volume and limited availability of extended-stay hotel zoning in this area make this a rare and highly desirable opportunity for a savvy investor seeking a strong, long-term investment in a thriving commercial hub. Many hotel flags are available for this site, promising a high revenue potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $274,796
    Hospitality
    $251,712
    Educational
    $209,421
    Medical
    $216,624
    Retail
    $325,767
3230 Financial Center Way, Buford, Georgia

Location Insight

City
Buford
County
Gwinnett
State
Georgia
Latitude
34.0675
Longitude
-83.9896
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
$13,381
$378,080
-
$378,080
-
$945,200
-
$945,200

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