Brick Office Building with Multiple
288 SCENIC Highway Lawrenceville, GA 30046
For Sale
$575,000
SINGLE_FAMILY - Lawrenceville, GA
Property Size1,819 SF
Lot Size0.04 Acres
Price / SF$316.11
Days on Market224
Property Features for 288 SCENIC Highway
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- O&N
- Parking
- 10
- Parking features
- Parking Lot
- Security features
- Security Lighting
- Window features
- Window Treatments
- Interior features
- Restrooms
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- R5141 022
- Size
- 1,819 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 7214
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Central
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1952
- Floors in Building
- 1
- Flooring type
- Hardwood, Tile, Vinyl
- Building materials
- Brick 4 Sides
- Roof type
- Asphalt
Listing Agency:
First United Realty, Inc.
(770) 650-2825
Listed By:
FAYE KILPATRICK · License #153188
(770) 650-2825
Added: Dec 11, 2025
Changed: Jun 26
Last Checked: Jul 23 at 6:06PM
MLS# 7691787
Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
A brick office building offering a large internal layout with partial basement space. The property features 4 separate entrances, a large reception area, and 7 offices plus a bonus room intended for copier and filing storage. A small kitchen area includes a sink, refrigerator, and microwave. Updates include a new roof and new LVP flooring in much of the office space, while the remaining floors are hardwood. A handicap ramp is located at the rear.
The property is located approximately 1,000 feet from the intersection of 124 and Gwinnett Drive, between Sugarloaf Parkway and the intersection of Gwinnett Drive, in Lawrenceville, GA. The building sits on-site with substantial parking in both the front and rear.
This layout can support a range of professional and service uses, including specialized medical office, attorney office, insurance office, tutoring, or a special needs school, as indicated by the seller. The current owner is using the building for an Allstate insurance agency and is willing to consider renting back a small area after closing. Seller indicates owner financing, lease purchase, or leasing may be possible, and a decorating allowance is offered.
The property is located approximately 1,000 feet from the intersection of 124 and Gwinnett Drive, between Sugarloaf Parkway and the intersection of Gwinnett Drive, in Lawrenceville, GA. The building sits on-site with substantial parking in both the front and rear.
This layout can support a range of professional and service uses, including specialized medical office, attorney office, insurance office, tutoring, or a special needs school, as indicated by the seller. The current owner is using the building for an Allstate insurance agency and is willing to consider renting back a small area after closing. Seller indicates owner financing, lease purchase, or leasing may be possible, and a decorating allowance is offered.
Key Highlights
- All‑brick office building built in 1952 with 1,800+ SF of interior space plus a partial basement
- 7 offices plus a bonus room for copier and filing cabinets, along with a large reception area
- Small kitchen area includes sink, refrigerator, and microwave
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.4k | $23.87 |
| − Vacancy | −$10.9k | −$6.02 |
| EGI | $32.5k | $17.85 |
| − OpEx | −$8.1k | −$4.46 |
| NOI | $24.4k | $13.39 |
1,819 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$348.0K
$304.5K – $406.0K
NOI $24,358 @ 7.0% cap · market cap 4.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$508.5K
$444.9K – $593.2K
NOI $35,594 @ 7.0% cap · market cap 6.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Allstate
Insurance Agency
Christy Kilpatrick: Allstate ...
Insurance Agency
FAQs
What type of property is this?
Office building - Single-story brick office with large parking, 7 offices, reception area, and partial basement.
Where is this office building located?
The property is located at 288 SCENIC Highway Lawrenceville, GA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: All‑brick office building built in 1952 with 1,800+ SF of interior space plus a partial basement; 7 offices plus a bonus room for copier and filing cabinets, along with a large reception area; Small kitchen area includes sink, refrigerator, and microwave
