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1645 Grayson Highway (GA-20)
Grayson, GA 30017
Retail Property For Sale


Investment Highlights
- Value-Add Opportunity | 2023 Construction | Drive-Thru Equipped | General Business (C2) Zoning
- Proximity To Community Anchors
- Adjacent To The Dylan at Grayson (234 Units) | Strong Demographics In 5-Mile Trade Area
- Dense Retail Corridor | Surrounded By New Development
- Strong Frontage On Grayson Hwy (46,400 VPD)
Executive Summary
The property is positioned within a dense retail corridor alongside national brands including Sherwin-Williams, Dunkin’, and Ace Hardware, among others. Nearby retail destinations include Grayson Commons, a Kroger-anchored neighborhood center with approximately 1.8 million annual visits. The corridor continues to experience growth, with newly constructed Chase Bank, Starbucks, and Whataburger locations, as well as new residential developments including The Whitby, Towns at Webb Gin, and Grayson Ridge Apartments, totaling more than 600 units. Additional residential growth along the corridor includes Clark Lake Estates and Lennar’s Clark Lake Village, comprising 220+ new single-family homes This expanding retail and residential base supports sustained consumer demand. The site is also in close proximity to key community anchors, including Starling Elementary, Grayson Elementary, and Couch Middle School, which generate consistent daily traffic in the area. With prominent frontage along Grayson Highway (46,400 VPD), the property benefits from strong visibility and accessibility. The property is directly adjacent to The Dylan at Grayson, a 234-unit apartment community, providing a built-in residential consumer base. The 5-mile trade area is supported by more than 185,200 residents and 54,300 employees, with an average household income of $113,216, underscoring the area’s strong demographics and retail spending power.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
2,200 SF
Year Built
2023
Price
$2,025,000
Price Per SF
$920.45
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.96 AC
Zoning
C2 - General Business
Parking
27 Spaces (12.27 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Numbers | Improvements Assessment | $315,880 | |
| Land Assessment | $568,680 | Total Assessment | $884,560 |
Property Taxes
Parcel Numbers
Land Assessment
$568,680
Improvements Assessment
$315,880
Total Assessment
$884,560
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