115 Towne Center PkwyHoschton, GA 30548

  • Retail properties
  • 26,746 SF
For Lease

Property Details for 115 Towne Center Pkwy

Year built
2004
Construction
WOOD
Lot size
3.29 AC
Property size (Sq ft)
26,746 SF
Zone code
C2
Property type
Retail properties
Property subtype
Strip malls
APN
120 013E
APU
120013E

Description

Towne Center in Hoschton, Georgia, presents a unique investment opportunity in a thriving commercial hub. This multi-tenant property offers a variety of spaces ideal for medical offices, retail businesses, or restaurants, with six available units ranging from 1,050 to 3,200 square feet. Located at 115 Towne Center Pkwy, 30548, this center enjoys exceptional visibility and accessibility, situated just off the main thoroughfares of Downtown Hoschton and Downtown Braselton. The property benefits from its strategic position within one of Georgia's fastest-growing areas, serving affluent residential communities including Chateau Elan, Traditions, Cresswind, and Twin Lakes. This prime location offers unparalleled convenience for businesses seeking to tap into a robust consumer base. Further enhancing its appeal, the center is directly across the street from a Kroger and a Publix, both currently under construction, promising increased foot traffic and enhanced visibility once completed. The easy access to I-85 provides excellent connectivity to a major transportation artery, connecting Atlanta to Anderson, South Carolina, and beyond, making it an attractive location for businesses serving a wide regional market. This is a rare opportunity to secure commercial space in a rapidly developing area with high growth potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,899,878
    6.5%
    $6,369,118
    7%
    $5,914,181
  • Comparable approach

    Method
    Valuation
    Relative Method
    $11,347,193
    Geo Method
    $11,347,193
  • Alternative Use

    Use
    Valuation
    Residential
    $5,372,590
    Hospitality
    $4,921,263
    Educational
    $4,094,433
    Medical
    $4,235,247
    Retail
    $6,369,118
115 Towne Center Pkwy, Hoschton, Georgia

Location Insight

City
Hoschton
County
Jackson
State
Georgia
Latitude
34.0941
Longitude
-83.7582
CBSA code
27600
CBSA name
JEFFERSON, GA MICROPOLITAN 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
$20,155
$56,720
$510,320
$567,040
-
$141,800
$1,275,800
$1,417,600

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