3230 Financial Center WayBuford, GA 30519
- Land
- 1,368 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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