Retail Building with Roll-Up
350 W Pike Street, Lawrenceville, GA 30046
For Sale
$649,900
Freestanding brick retail building with updated electrical, a new roof, customer areas, and flexible support space.
Property Size1,982 SF
Price / SF$346.43
Days on Market97
Property Features for 350 W Pike Street
General Information
Standard status
Size
Property subtype
Additional Details
Corner Location
Amenities
sitting area
reception area
2 bathrooms
utility room
storage room
outside area with roll up doors
0.37 acres, Corner Lot
Composition
Partial
Public Sewer
Parcel Number: R5143 262, Annual Amount: $6,269, Year: 2025
Concrete
Listing ID: 10819746, Standard Status: Active, MLS Status: Active, On market as of 2026-08-05, 94 days on market
7 total parking spaces, Parking Lot
Built in 1982, Construction Materials: Brick
County/Parish: Gwinnett
Resale
Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available, Water Source: Public
Close Of Escrow
Water Body Name: None
Accessible Doors, Accessible Entrance
Building Details
Building Size
Year Built
Construction
Listing Agency:
Virtual Properties Realty.com
(770) 495-5050
Listed By:
Dwilyn Braswell · License #229858
(404) 925-4113
Source:
Blackstreaminternational
Added: Aug 5
Changed: Nov 8
Last Checked: Nov 8 at 6:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Virtual Properties Realty.com
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Investment Insights
Based on property information with market context.
This retail property at 350 W Pike Street in Lawrenceville features a four-sided brick building with a new roof, updated electrical, and heat pipes plumbed in place. The interior includes a sitting area, reception area, two bathrooms, a utility room, and a storage room. An exterior area with roll-up access provides additional functional space, while brand-new garage doors complete the improvements.
Positioned on a commercial corner with double road frontage, the property offers a layout that can accommodate retail-oriented operations. The building is tall enough to support construction of a second level, subject to applicable approvals. Built in 1982, the property combines an established structure with several recent building updates.
Positioned on a commercial corner with double road frontage, the property offers a layout that can accommodate retail-oriented operations. The building is tall enough to support construction of a second level, subject to applicable approvals. Built in 1982, the property combines an established structure with several recent building updates.
Key Highlights
- Four‑sided brick retail building at 350 W Pike Street, Lawrenceville, GA 30046
- New roof and updated electrical system
- Sitting area, reception area, 2 bathrooms, utility room, and storage room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,297
Cap Rate
4.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$585,940
$585.9K
Cap Rate 7%
$418,529
$418.5K
Cap Rate 9%
$325,522
$325.5K
Market Conditions
NOI Build-Up for 1,876 SF
Gross rent
$40.5K $21.60/SF
− Vacancy
−$1.5K −$0.78/SF
EGI
$39.1K $20.82/SF
− OpEx
−$9.8K −$5.21/SF
NOI
$29.3K $15.62/SF
Area
Gwinnett County, GA
Vacancy
3.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$585,940
Cap Rate 7%
$418,529
Cap Rate 9%
$325,522
Alternative Uses
Best Use
Specialty Retail
$418.5K
$366.2K – $488.3K
NOI $29,297 @ 7.0% cap · market cap 4.51%
Second Best
Retail
$311.3K
$272.4K – $363.2K
NOI $21,794 @ 7.0% cap · market cap 3.35%
Theoretical Best
Office A
$524.4K
$458.9K – $611.8K
NOI $36,709 @ 7.0% cap · market cap 5.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,350
Businesses Nearby
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Business Placement
Demographics for 30046, GA
40,227
Population
14,356
Households
2.8
Avg Household Size
34
Median Age
26%
College-Educated
84%
High-School Grad
15.8 sq mi
ZIP Area
2,546
Density / Sq Mi
$63,379
Median Household Income
$36,962
Median Earnings
$1,488
Median Rent
$302,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Retail space in Gwinnett County, GA
Properties on Market for Retail space in Gwinnett County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Freestanding brick retail building with updated electrical, a new roof, customer areas, and flexible support space.
Where is this retail space located?
The property is located at 350 W Pike Street Lawrenceville, GA.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Four‑sided brick retail building at 350 W Pike Street, Lawrenceville, GA 30046; New roof and updated electrical system; Sitting area, reception area, 2 bathrooms, utility room, and storage room
