55 Freedom PkwyHoschton, GA 30548

Property Details for 55 Freedom Pkwy

Year built

2006

Lot size

4.06 AC

Property size (Sq ft)

46,884 SF

Zone code

4

Property type

Retail properties

Property subtype

Strip malls

APN

105 004G

APU

105004G

Description

This exceptional two-story retail and office property, located at 55 Freedom Parkway in Hoschton, Georgia, 30548, presents a unique investment opportunity. The 48,800 square foot building, constructed in 2008, boasts a strong tenant mix and benefits from its high-traffic location on Freedom Parkway, with convenient access to HWY 124. The property features a total of 15 suites, offering flexibility for various business needs. While the maximum contiguous space available is 4,200 square feet, there is currently a 2,800 square foot retail/office space available on the second floor, conveniently located near an elevator and stairwell. This is the last remaining space in the building. The property is zoned NRC and enjoys a favorable tax rate of $2 per square foot. The building's location within a thriving neighborhood center ensures consistent foot traffic and visibility. Hoschton's robust growth, exceeding 12% annually, and planned developments in the surrounding area promise continued appreciation and strong rental demand. This presents a rare chance to secure a space in a dynamic and rapidly growing community. The cohesive tenant mix and loyal neighborhood clientele provide a stable and attractive investment environment.

• CAP approach

  CAP return

  Valuation

  6%

  $12,095,038

  6.5%

  $11,164,650

  7%

  $10,367,175

• Comparable approach

  Method

  Valuation

  Relative Method

  $19,887,084

  Geo Method

  $19,887,084

• Alternative Use

  Use

  Valuation

  Residential

  $9,417,800

  Hospitality

  $8,626,654

  Educational

  $7,177,276

  Medical

  $7,424,113

  Retail

  $11,164,650

Location Insight

City

Hoschton

County

Jackson

State

Georgia

Latitude

34.1056

Longitude

-83.6976

CBSA code

27600

CBSA name

JEFFERSON, GA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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