Property Location

593 Shallowford Road NW, Gainesville GA 30504

Interactive Map

List Price $700,000
Units 1
Price / Unit $700,000
Est. Year 1 Cash Flow $-34,388 after debt service
593 Shallowford Road NW Gainesville, GA 30504
FMLS IDX Data last updated: August 2, 2026 at 9:46 PM EST
ACTIVE
Property Description
LOCATION!!! Zoned GB & HB. Commercial corner lot ready for development! Bring your ideas! This lot is being sold with adjacent lots 597 Shallowford Rd, and 1 Jones St., Gainesville, GA 30501 (.35 acres), three parcels for a total of .50+/- acres. MUST be purchased together. 1 Jones St. previously had public water, electricity and sewer access. Prime visible location near big box retailers, across from Target, Regions Bank, and minutes from several restaurants & shopping on Jesse Jewell Parkway and Highway 53 E Dawsonville. Just a few miles down the road is access to marina, Lake Lanier, and Highway 985/85. Convenient to downtown Gainesville, Brenau University and NEGA Hospital, come check out this land for development!
Investment Notes — Gainesville
  • Located in the Gainesville, GA area
  • Value-add opportunities typically exist through management, renovations, or operational improvements
  • Rental demand and achievable rents vary significantly by submarket — local market verification is recommended
  • Actual cash flow depends on occupancy, expenses, financing, and current market conditions
Professional Investment Analysis

Modeled from FMLS data + Atlanta metro baselines where listing data is incomplete

Price per Unit $700,000 Verified
Est. Year 1 Cash Flow $-34,388 after debt service (25% down / 7% / 30-yr) Modeled
Confidence scores included Latest FMLS data Transparent modeling
Investment Calculator

Starts from list price and unit count. No rent data in this listing — enter your own rent assumptions below. Override any value to model your own scenario.

$
$
$

Enter rent per unit or total GPI to model returns

5.0%
46%
25%
7%
30 yrs
Gross Potential Income
Effective Gross Income
Operating Expenses
Net Operating Income (NOI)
Asking Cap Rate
Price Per Unit
Annual Debt Service
Year 1 Cash Flow
Cash-on-Cash Return
Inquire for Details

Jeff’s Investment Take

Insufficient data for a modeled recommendation. Contact for the rent roll and actuals.

Important Investment Disclaimer
Important Investment Information

Actual MLS Cap Rate is used when present. Gross Income uses rent roll or MLS Gross Income when available, otherwise modeled. Operating expenses use an all-in ratio by property size. Cash-on-cash assumes 25% down, 7% interest, 30-year amortization. All figures are for screening only — verify with current rent roll and expenses.

Some figures shown on this page are estimated because complete rent-roll or operating data was not provided in the listing. Estimated values are clearly marked.

Any estimated or modeled figures represent the independent analysis of Jeff Crowe / Century 21 The Avenues and are not supplied by FMLS or the listing broker.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.

MLS ID: 7661563 · Listing courtesy of Atlanta Communities, Linda Saeliou Custer · 770-545-2518

IDX Information Provided by Jeff Crowe · jeffcrowe@c21theavenues.com
FMLS · Updated Daily