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PRIME Location! - Hotel Approved Land 3230 Financial Center Way

120 Room Hotel Buford, GA 30519 $1,690,000 ($14,083/Room)

Investment Highlights

  • 2.78 acres of land zoned AA068 near busy Mall of GA area
  • Utilities and Sewer Available
  • Gwinnett County Board of Commissioners Approved for Extended Stay Hotel
  • High Demand and Potential Revenue Growth - Prime Location!

Executive Summary

Hospitality Land FOR SALE - Land Approved for Hotel / Extended Stay Hotel
Incredible Opportunity with High Traffic / Demand and Potential Revenue Growth near busy Mall of Ga !
Up to 6 Stories - Approved Hotel / Extended Stay Hotel with Kitchens Site
PRIME LOCATION! - 2.78 ACRE SITE zoned AA068
Gwinnett County Board of Commissioners Approved Hotel / Extended Stay Hotel Site
LOCATION
3230 Financial Center Way, Buford, GA 30519
Strategically located between I-85 and I-985 just off of Hwy 20 - Buford Drive near the Mall of GA.
PROPERTY DETAILS
This Prime 2.78 acre commercial land property is priced at just $1,690,000 near the busy Mall of GA.
It has Gwinnett County Board of Commissioners Approval for a Hotel / Extended Stay Hotel making it a potentially lucrative long term investment for a savvy investor!
The property is shovel ready and has all utilities included sewer available!
Single lot zoned AA068 - this property is a rare find, especially around the Mall of GA.
Take advantage of this opportunity to establish a successful extended stay hotel in an extremely desirable location!
Geotechnical Engineering Study Report has already been completed on the property.
Many flag opportunities available for this site!
High Revenue Potential at this premium location!
NEARBY ATTRACTIONS and AMENITIES
Mall of GA - https://www.simon.com/mall/mall-of-georgia/about
“At Mall of Georgia®, we know what our shoppers want. Featuring Belk, Dillard's, JCPenney, Macy*s and Von Maur, plus more than 200 local, national and international stores offering everything from women’s and children’s apparel to jewelry and home electronics. Mall of Georgia’s retail roster includes shops such as Apple, Altar'd State, Coach, H&M, Michael Kors, Pandora, Pottery Barn, Swarovski and Vans –all in a welcoming, climate-controlled indoor shopping and outdoor entertainment complex like no other. 
We offer a variety of exciting dining options from sit-down restaurants such as The Cheesecake Factory, P.F. Chang’s China Bistro, Buffalo Wild Wings, and Seasons 52, to grab-and-go choices including Chick-fil-A, Charley's Philly Steaks, Taco Bell, Maki of Japan, Fat Tuesday, Oh-K-Dog, Steak Up, and Ding Tea. Coming soon Okiboru in the Village Ampitheatre.The Village Amphitheatre and green is host to year-round live entertainment and family-oriented events including Movies Under the Stars, Mall of Georgia Concert Series and a variety of Holiday and kids events.Mall of Georgia serves the nearby communities of Buford, Sugar Hill, Suwanee, Gainesville, Lawrenceville, Lake Lanier and is conveniently located off I-85 and Exit 115 (GA 20). When we named it Mall of Georgia, we weren't just whistlin' "Dixie!"“
Lake Sidney Lanier - https://www.sam.usace.army.mil/Missions/Civil-Works/Recreation/Lake-Sidney-Lanier/
“Lake Sidney Lanier, one of our nation's most popular Corps-owned lakes. Well known for its recreational opportunities, Lake Lanier hosts several millions of visitors annually. Lake Lanier has 76 recreational areas, including 37 Corps-operated parks and campgrounds, 10 marinas, and Lake Lanier Islands. The remaining areas are leased to local governments or other organizations. With more than 690 miles of shoreline, the lake is well known for its aqua-blue colored water, spectacular scenery and unique recreational activities. Activities available at the lake include picnicking, camping, boating, swimming, hiking, and fishing. Boat ramps, picnic shelters and hiking trails are conveniently located around the lake to make your trip enjoyable.  With more than 100 small islands surrounding the lake there is plenty of opportunity for adventure.
Whether you and your family are looking for fishing, camping, boating, picnicking, swimming or some other recreation activity, you won’t have to look far to find it at Lake Lanier.
CoolRay Field and the Gwinnett Stripers (Atlanta Braves AAA) - https://www.milb.com/gwinnett
“Coolray Field is a 10,427-seat minor league baseball park in unincorporated Gwinnett County, Georgia. It is the home field of the Gwinnett Stripers, the Triple-A affiliate of the Atlanta Braves.” - Wikipedia
Gas South Arena and Convention Center. https://www.gassouthdistrict.com/
“Gas South Arena is a vibrant, versatile venue showcasing a multitude of concerts, sporting events, family shows, and more. It is home to the ECHL’s Atlanta Gladiators, NLL’s Georgia Swarm and APV's Atlanta Vibe. The Arena features various food and beverage locations throughout the venue and a removable ice rink that accommodates ice entertainment shows. The Arena is central to many hotels, restaurants, and shopping. The Arena has a capacity of 13,000 andfeatures a state-of-the-art house reduction system which can quickly convert the space to a 3,500 theater-style setting or a large convention and tradeshow space with a capacity of 10,000 attendees. The Arena also includes 30 corporate suites, 2 party suites, club level seats, a spacious concourse, wider seats, a high-end sound system and acoustical enhancements to provide the best experience for every event.” - Gas South Arena https://www.gassouthdistrict.com/arena
“Gas South Convention Center, anchor of the Gas South District®, is a multifaceted venue hosting a wide range of events including trade shows, conventions, banquets, meetings, conferences, performances, and sporting events. Our professional event planners and staff members offer unmatched service to every gathering. Whether hosting an event or visiting as a guest, our close proximity to many hotels, restaurants, and shopping makes Gas South Convention Center an optimal location for your event in Metro Atlanta!” - Gas South Convention Center https://www.gassouthdistrict.com/convention-center
Transportation
Gwinnett County Transit
https://www.gwinnettcounty.com
Marta Rail and Bus System
https://www.itsmarta.com
___________________________________________________
KW Commercial Atlanta Partners
RK REALTY GROUP
1960 Satellite Blvd. #1100 Duluth, GA 30097
Raj Rajyaguru   770-310-0788
raj.rajyaguru@kwcommercial.com  
Ryan Waldrep   404-775-0055
ryanwaldrep@kw.com

Data Room Click Here to Access

Property Facts

Price $1,690,000
Price Per Room $14,083
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.78 AC
Construction Status Proposed
Building Size 60,000 SF
No. Rooms 120
No. Stories 6
Year Built 2027
Corridor Interior

Amenities

  • High Speed Internet Access
  • Public Access Wifi
  • Fully-Equipped Kitchen

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 120 $146.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7-176-009
Land Assessment
$378,080
Improvements Assessment
$0
Total Assessment
$378,080

zoning

Zoning Code AA068 (Up to 6 Stories - Hotel / Extended Stay Hotel with Kitchens)
AA068 (Up to 6 Stories - Hotel / Extended Stay Hotel with Kitchens)
  • Listing ID: 32239534

  • Date on Market: 6/25/2024

  • Last Updated:

  • Address: 3230 Financial Center Way, Buford, GA 30519

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