Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    510 PLEASANT HILL Road Lilburn, GA 30047

    View on Map
    For Lease
    $8,400 /Mo

    COMMERCIAL - Lilburn, GA

    Type:Retail
    Added:
    Sep 8, 2025
    Days on Market:
    206
    Last Refresh:
    Apr 1 at 12:06 pm

    Property Features for 510 PLEASANT HILL Road

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Zoning
    C2
    Parking
    90
    Parking features
    Parking Lot
    Window features
    Display Window(s)
    Interior features
    Restrooms, Track Lighting
    Standard status
    Active
    APN
    R6151 058

    Utilities

    Utilities
    Cable Available
    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2005
    Floors in Building
    1
    Flooring type
    Laminate
    Building materials
    Brick 4 Sides
    Roof type
    Asphalt
    Additional Structures
    Other

    We can help!

    Listing Contact
    Azam Mansouri

    Listing agent Azam Mansouri

    Listing office Trend Atlanta Realty, Inc. 4920 Atlanta Hwy. #385, ALPHARETTA, GA

    Listing date Sep 8, 2025

    MLS# 7645631

    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.

    Overview

    Lilburn Restaurant Space Available

    Approximately 3,800 square feet of second-generation restaurant space is available at 510 Pleasant Hill Road in Lilburn, Georgia. The property is located in a shopping center and benefits from a signalized intersection on a busy road. The location offers high visibility, ample parking, and existing utilities, making it suitable for a restaurant. The property is zoned C2 and is located in Gwinnett County, Georgia.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Versace Dominican Barber ... Barber Shop Mom & Me Dominican ... Hair Salon Versace Dominican Restaurant ... Restaurant japropertyinternational Computer & Electronic Repair Antojitos Dominicanos Bakery

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Firehouse Subs Lilburn — 4145 Lawrenceville Hwy Ste 16, Lilburn, GA 30047
    • Virginia Ash Gourmet Catering — 667 Saybrook Cir NW, Lilburn, GA 30047
    • just ur tummy — 465 Pleasant Hill Rd Suite 105, Lilburn, GA 30047
    • Its Maripe's Kitchen — 313 Lake Knoll Dr, Lilburn, GA 30047

    Location Insight

    • Map
    • Local Demand
    City
    Lilburn
    County
    Gwinnett
    State
    Georgia
    Longitude
    -84.113575
    Latitude
    33.912037

    Nearby Similar for Lease

    • Contact for pricing

      Renovated Commercial Building in Lilburn

      Prime location near Pleasant Hill Rd and Ronald Reagan Pkwy.
      746 Pleasant Hill Road, Lilburn, GA 30047
      View Details
    • Contact for pricing

      Office Building in Lilburn, GA

      Office space with level entrance and great visibility for rent.
      5400 Lawrenceville Highway NW unit: E-2, Lilburn, GA 30047
      View Details
    • Contact for pricing

      Office Building in Lilburn, GA

      Office space with level entrance, ample parking, and great visibility.
      5400 Lawrenceville Highway NW unit: C-1, Lilburn, GA 30047
      View Details
    • Contact for pricing

      Lilburn Commercial Space For Rent

      Renovated building in prime business area with flexible layout.
      746 Pleasant Hill Road, Lilburn, GA 30047
      View Details
    • Contact for pricing

      Office Building in Lilburn, GA

      Office space with level entrance and ample parking.
      5400 Lawrenceville Highway NW unit: C-1, Lilburn, GA 30047
      View Details
    • Contact for pricing

      Office Building in Lilburn, GA

      Office space with level entrance, ample parking, and great visibility.
      5400 Lawrenceville Highway NW unit: E-2, Lilburn, GA 30047
      View Details
    • Contact for pricing

      Retail Space in Lilburn Square

      Freestanding retail building with ample parking and high traffic.
      5335 Lawrenceville Highway NW, Lilburn, GA 30047
      View Details
    • Contact for pricing

      Office Building in Lilburn, GA

      Office building suitable for medical or general office use.
      5400 Lawrenceville Highway NW unit: E-3, Lilburn, GA 30047
      View Details
    • Contact for pricing

      Office Building in Lilburn, GA

      Office building suitable for medical or office use for rent.
      5400 Lawrenceville Highway NW unit: E-3, Lilburn, GA 30047
      View Details
    • Contact for pricing

      Office Building in Lilburn, GA

      Office building suitable for medical or general office use.
      5400 Lawrenceville Highway NW unit: C-3, Lilburn, GA 30047
      View Details
    • Contact for pricing

      Office Building in Lilburn, GA

      Office building suitable for medical or general office use.
      5400 Lawrenceville Highway NW unit: C-3, Lilburn, GA 30047
      View Details
    • Contact for pricing

      Retail Space Near Walmart, Home Depot

      Retail space shadow-anchored by Walmart and Home Depot.
      4020-4030 Lawrenceville Highway, Lilburn, GA 30047
      View Details

    FAQs

    What type of property is this?
    Restaurant - Second-generation restaurant space in a high-visibility shopping center.
    Where is this restaurant located?
    The property is located at 510 PLEASANT HILL Road Lilburn, GA.
    What is the lease rate?
    The lease rate is $8,400 /Mo.
    What are key features of this property?
    This property features: +/-3,800 SF second‑generation restaurant space.; Prime location in a shopping center with excellent visibility at a signalized intersection.; Located on Pleasant Hill Rd, one of the area's busiest roads.
    (770) 777-1321
    We can help!
    Listing Contact
    Azam Mansouri
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!