Large Ranch Property with
For Sale
$1,838,000
Pending
1215 Margo B Trail, Lawrenceville, GA 30043
LAND - Ranch - Lawrenceville, GA
Property Size4,109 SF
Lot Size16.57 Acres
Days on Market69
Property Features for 1215 Margo B Trail
General Information
Property type
Land
Property subtype
Single Family Residence
Zoning
Mixed
Zoning description
Developed/Zoned Residential
Rooms
Basement
Vegetation
Heavily Wooded
Patio and Porch features
Deck
Fencing
Chain Link, Fenced
Lot features
Flood Plain, Lake On Lot, Private
View
Lake
Elementary school
Jackson - Gwinnett
Middle school
Northbrook
High school
Peachtree Ridge
Directions
Use GPS. Sever Woods Drive to right on Margo Trail. At the end of the cul-de-sac drive onto the gravel driveway - to the right is 1192 Margo Trail (second access point). If you go on the left for and stay right it takes you down to 1192 Margo Trail on right and 1473 Sever Rd on left. If you go left and take the lesser used left fork, it takes you up to 1215 Margo Trail. Again, do not enter into any of the properties.
Standard status
Pending
APN
R7046 399
Lot size
16.57 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
14885
Utilities
Utilities
Cable Available
Water front features
Lake Front
Water front
1
Building Details
Year built
1970
Floors in Building
1
Architectural style
Ranch
Additional Structures
Residence
Listing Agency:
Keller Williams Realty Atlanta Partners
(678) 775-2600
Listed By:
PATTI MARTINEZ AND ASSOCIATES
(678) 775-2600
Added: May 29
Changed: Aug 1
Last Checked: Aug 5 at 12:06PM
MLS# 7779024
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.
This is an opportunity to own approximately 16.5 acres of land. The rear of the property features approximately 850 feet of lake frontage on Lake Chadwick. The property consists of four parcels: 1215 Margo Trail, 1192 Margo Trail, Margo Trail, and 1473 Sever Rd. The parcel at 1215 Margo Trail includes a large barn-like structure and an adjacent fire-damaged building that is unsafe to enter. The property at 1473 Sever Rd. has a 2,079 square foot ranch home on a full finished basement, totaling 4,109 square feet, that requires a full interior rehabilitation. There is a tenant in the basement portion of this home. The property at 1192 Margo Trail has a 1,008 square foot ranch home with a tenant. Margo Trail is a 4-acre parcel with no structures. The current zoning is R100 for the two properties with homes and RZT for the other two properties. The structures are being sold in "as-is" condition. Sewer access is available along the lake side for development purposes. The property is also listed as 1215 Margo Trail A for the upper 7.64 acres or 1192 Margo as the 8.93 acre lower portion of the property.
Key Highlights
- Approximately 16.5 acres with about 850 ft of lake frontage on Lake Chadwick at the rear of the property
- Four‑parcel property: 1215 Margo Trail, 1192 Margo Trail, Margo Trail (no street number, 4 acres), and 1473 Sever Rd.
- 1473 Sever Rd. includes a 2,079 SF ranch home with a full finished basement (4,109 total SF); interior rehab needed; tenant in basement portion (do not disturb)
Financial Insights For Apartment 5plus
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 | $107.0k | $26.04 |
| − Vacancy | −$6.6k | −$1.61 |
| EGI | $100.4k | $24.43 |
| − OpEx | −$45.2k | −$10.99 |
| NOI | $55.2k | $13.43 |
4,109 SF · lease $26.04/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$788.6K
$690.0K – $920.0K
NOI $55,200 @ 7.0% cap · market cap 3.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.15M
$1.01M – $1.34M
NOI $80,404 @ 7.0% cap · market cap 4.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
149
Businesses Nearby
Explore this area
Business Placement
Demographics for 30043, GA
88,453
Population
30,251
Households
2.9
Avg Household Size
37
Median Age
40%
College-Educated
89%
High-School Grad
33.1 sq mi
ZIP Area
2,672
Density / Sq Mi
$91,299
Median Household Income
$44,207
Median Earnings
$1,787
Median Rent
$344,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 16.5 acre ranch property with lake frontage in Lawrenceville, GA.
Where is this residential land & home lot located?
The property is located at 1215 Margo B Trail Lawrenceville, GA.
What is the asking price?
The asking price for this property is $1,838,000.
What are key features of this property?
This property features: Approximately 16.5 acres with about 850 ft of lake frontage on Lake Chadwick at the rear of the property; Four‑parcel property: 1215 Margo Trail, 1192 Margo Trail, Margo Trail (no street number, 4 acres), and 1473 Sever Rd.; 1473 Sever Rd. includes a 2,079 SF ranch home with a full finished basement (4,109 total SF); interior rehab needed; tenant in basement portion (do not disturb)
