Property Location

2239 Scenic Drive, Snellville GA 30078

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List Price $625,000
Units 1
Est. Cap Rate 1.0%
Est. Cash-on-Cash -20.1%
Price / Unit $625,000
Est. Year 1 Cash Flow $-31,438 after debt service
2239 Scenic Drive Snellville, GA 30078
FMLS IDX Data last updated: August 2, 2026 at 9:46 PM EST
ACTIVE
Property Description
Welcome to 2239 Scenic Drive in Snellville, a newly remodeled 2,076 SF free-standing mixed-use commercial building ideally located just off Highway 78 (Stone Mountain Highway) in one of the city’s most active commercial corridors, between McGee Road and Highpoint Road. This prominent Snellville location benefits from strong visibility and high traffic exposure in a growth area that blends established retailers, service businesses, and residential neighborhoods, with ongoing mixed-use development encouraged by the city’s comprehensive plan to enhance connectivity and economic activity along Highway 78. Zoned MXD (Mixed Use), the property offers flexible use for Medical Practices, Professional Offices (Insurance, Legal, Accounting), and other Service-Oriented Businesses. Recently updated with new interior paint and flooring, beautiful granite and tile finishes in the kitchenette and bathrooms, and a PRIVATE Parking Lot with 12 spaces, the building features 7 interior rooms, 2 handicap-accessible restrooms, an additional private office restroom, and abundant storage. The large lot, over 1/2 an acre, includes a generous rear grass area. With a handicap-accessible entrance, bathrooms, and hallways, this property is turnkey ready for occupancy and presents a rare opportunity to own a versatile commercial asset in thriving Snellville that continues to attract investment and retail demand.
Investment Notes — Snellville
  • Located in the Snellville, 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 $625,000 Verified
Est. Cap Rate 0.96% Modeled
Est. Cash-on-Cash -20.12% Modeled
Est. Gross Income $13,603 Modeled
Est. NOI $5,985 Modeled
Est. Year 1 Cash Flow $-31,438 after debt service (25% down / 7% / 30-yr) Modeled
Price per Sq Ft $221 Verified
Confidence scores included Latest FMLS data Transparent modeling
Investment Calculator

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Modeled Estimate

5.0%
51%
25%
7%
30 yrs
Gross Potential Income
Effective Gross Income
Operating Expenses
Net Operating Income (NOI)
Asking Cap Rate
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Jeff’s Investment Take

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Est. Cap1.0%
Est. CoC-20.1%
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: 7727594 · Listing courtesy of Coldwell Banker Realty, Vivian McEntyre · 770-993-9200

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