Freestanding General Business
287 W Pike Street Lawrenceville, GA 30046
287 W Pike Street, Lawrenceville, GA, 30046
$400,000
For Sale
$400,000
SINGLE_FAMILY - Lawrenceville, GA
Property Size2,600 SF
Lot Size0.26 Acres
Price / SF$153.85
Days on Market154
Property Features for 287 W Pike Street
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- GB
- Parking
- 10
- Appliances
- Electric Water Heater
- Standard status
- Active
- APN
- R5146E009
- Size
- 2,600 SF
- Lot size
- 0.26 Acres
Taxes and HOA fees
- Tax Description
- x
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Gas (Cooling)
- Water source
- Public
Building Details
- Year built
- 1980
- Floors in Building
- 1
- Building materials
- Concrete
- Roof type
- Composition
Listing Agency
Virtual Properties Realty
(770) 495-5050
2750 Premiere Pkwy, Duluth, GA
Listed by
Jacob Blickenstaff · License #384940
(404) 281-5002
Added: Feb 13 Checked: Jul 17 at 10:06 pm
MLS# CL350851
Copyright © 2026 Hive MLS. 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 freestanding commercial building offers approximately 2,600 square feet of space and was built in 1980. The property includes an existing build-out, supporting immediate occupancy for an owner user or a new tenant configuration for a buyer. Zoning is GB - General Business, which allows for a range of commercial uses including retail and office. The site also provides approximately 10 parking spaces to support customer or employee access.
The building sits on about 0.26 acres along W. Pike Street in Lawrenceville, in Gwinnett County. With its freestanding design and on-site parking, the property is positioned for businesses looking for a centrally located commercial address within the area.
From a tenant or buyer perspective, the existing build-out and General Business zoning make this a practical fit for companies seeking a move-in ready commercial location that can support either retail or office operations. The combination of a dedicated building, established layout, and on-site parking can help reduce the time and work needed to begin operations.
The building sits on about 0.26 acres along W. Pike Street in Lawrenceville, in Gwinnett County. With its freestanding design and on-site parking, the property is positioned for businesses looking for a centrally located commercial address within the area.
From a tenant or buyer perspective, the existing build-out and General Business zoning make this a practical fit for companies seeking a move-in ready commercial location that can support either retail or office operations. The combination of a dedicated building, established layout, and on-site parking can help reduce the time and work needed to begin operations.
Key Highlights
- 2,600 SF freestanding commercial building on 0.26 acres along W. Pike Street in Lawrenceville
- Zoned GB – General Business, supporting a range of commercial uses including retail and office
- Built in 1980 with concrete construction and a composition roof
Local 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 | $62.1k | $23.87 |
| − Vacancy | −$15.6k | −$6.02 |
| EGI | $46.4k | $17.85 |
| − OpEx | −$11.6k | −$4.46 |
| NOI | $34.8k | $13.39 |
2,600 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$497.4K
$435.2K – $580.3K
NOI $34,817 @ 7.0% cap · market cap 8.70%
Second Best
Retail
$431.5K
$377.6K – $503.4K
NOI $30,205 @ 7.0% cap · market cap 7.55%
Theoretical Best
Office A
$726.8K
$636.0K – $847.9K
NOI $50,876 @ 7.0% cap · market cap 12.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Wildlife Taxidermy Inc
Taxidermist
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Freestanding GB building with existing build-out and parking for a flexible retail or office use in Lawrenceville.
Where is this retail space located?
The property is located at 287 W Pike Street Lawrenceville, GA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 2,600 SF freestanding commercial building on 0.26 acres along W. Pike Street in Lawrenceville; Zoned GB – General Business, supporting a range of commercial uses including retail and office; Built in 1980 with concrete construction and a composition roof
