Add Listing
    For Sale
    • 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

    Lawrence Street East Point, GA 30344

    View on Map
    For Sale
    $60,000

    COMMERCIAL - East Point, GA

    Lot size:
    0.20 Acres
    Added:
    Feb 22, 2026
    Days on Market:
    38
    Last Refresh:
    Apr 1 at 6:06 am

    Property Features for Lawrence Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking
    10
    Parking features
    Parking Lot
    Fencing
    Fenced
    Standard status
    Active
    APN
    14 015600030372
    Lot size
    0.20 Acres

    Taxes and HOA fees

    TaxYear
    2024
    TaxAnnualAmount
    256

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    2023

    We can help!

    Listing Contact
    Lenore A. Smith
    Lenore A. Smith

    Listing agent Lenore A. Smith License #295799

    Listing office Virtual Properties Realty.com 2750 Premiere Pkwy, Ste. 200, Duluth, GA

    Listing date Feb 22, 2026

    MLS# 10697069

    Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    East Point Infill Development Site

    This 0.20-acre parcel is a rare opportunity to acquire a cash-flowing infill site in East Point's Downtown Architectural Overlay District. The property is level and cleared, with C-R (Commercial Redevelopment) zoning. This zoning encourages mixed-use, pedestrian-friendly development, promoting a blend of retail, commercial, and residential uses, often incorporating specific design guidelines. The site is currently leased for truck parking, generating revenue from rates between $80 and $115 per space. There is value-add potential, as market rates for secured parking are $150 per slot, bringing the 6 spaces to market rate would generate $900 per month in passive income. This investment offers high-yield cash flow with zero maintenance or residential management. The property is located 0.5 miles from MARTA and 1.5 miles from Tyler Perry Studios.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Parking lots & garages

    Similar Places Nearby

    • Certified Whips — 2590 Cheney St, East Point, GA 30344
    • U-Haul Neighborhood Dealer — 1576 Davis Ave, East Point, GA 30344

    Map

    City
    East Point
    County
    Fulton
    State
    Georgia
    Longitude
    -84.4633
    Latitude
    33.6734

    Nearby Similar for Sale

    • $319,900

      Renovated Duplex in Jefferson Park

      Renovated East Point duplex near major Atlanta attractions.
      1440 Fulton Avenue, East Point, GA 30344
      View Details
    • $565,000
      1,664 SF

      East Point Fourplex Opportunity

      Four-unit property in East Point, Georgia, undergoing renovation.
      2908 Harlan Drive, East Point, GA 30344
      View Details
    • $540,000

      East Point Multi-Unit Property

      Well-maintained triplex in East Point, near Atlanta.
      3181 Church Street, East Point, GA 30344
      View Details
    • $320,000

      East Point Duplex Renovation Opportunity

      Duplex in need of renovation with income potential.
      1443 Vesta Avenue, East Point, GA 30344
      View Details
    • $320,000

      East Point Duplex For Sale

      Duplex in need of renovations, located in East Point, GA.
      1443 Vesta Avenue, East Point, GA 30344
      View Details
    • $350,000

      East Point Duplex Investment Opportunity

      Well-maintained East Point duplex near major Atlanta hubs.
      1804 IDLEWOOD Drive, East Point, GA 30344
      View Details
    • $500,000
      3,200 SF

      Renovated East Point Commercial Building

      Updated commercial property in a promising East Point location.
      2125 Headland Drive, East Point, GA 30344
      View Details
    • $350,000

      East Point Duplex Investment Opportunity

      Well-maintained duplex in East Point, ideal for investors or homeowners.
      1804 IDLEWOOD Drive, East Point, GA 30344
      View Details
    • $750,000
      4,860 SF

      East Point Commercial Office Building

      Move-in ready office building suitable for various professional services.
      3105 Washington Road, East Point, GA 30344
      View Details
    • $649,000

      Renovated East Point Flex Building

      4,000 SF renovated flex building with secure outdoor storage.
      1464 Willingham Dr, East Point, GA 30344
      View Details
    • $1,500,000

      Four Warehouse Buildings with Lot

      Four warehouse buildings with side lot in East Point, GA.
      1577 & 1587 East Taylor Avenue, East Point, GA 30344
      View Details
    • Contact for pricing

      Delowe Stanton Access Road Property

      Property located on Delowe Stanton Access Road, East Point, GA.
      1900 Delowe Stanton Acces Road, East Point, GA 30344
      View Details

    FAQs

    What type of property is this?
    Parking lot & garage - Cash-flowing 0.20-acre site in East Point's Downtown District.
    Where is this parking lot & garage located?
    The property is located at Lawrence Street East Point, GA.
    What is the asking price?
    The asking price for this property is $60,000.
    What are key features of this property?
    This property features: Cash‑flowing infill site in East Point's Downtown Architectural Overlay District.; Zoned C‑R (Commercial Redevelopment) encouraging mixed‑use, pedestrian‑friendly development.; Current revenue from truck parking with value‑add potential to increase rates to $150/slot.
    (678) 663-7484
    We can help!
    Listing Contact
    Lenore A. Smith
    Lenore A. Smith
    Real Estate License ID: 295799
    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!