Restaurant Opportunity on Stone
For Sale
$1,050,000
4111 Stone Mountain Highway, Lilburn, GA 30047
Commercial property on Stone Mountain Highway, currently operating as a restaurant.
Property Size1,992 SF
Price / SF$381.54
Days on Market199
Property Features for 4111 Stone Mountain Highway
General Information
Standard status
Active
Size
1,992 SF
Property subtype
Commercial
Amenities
0.7 acres, Level
Public Sewer
Parcel Number: R6054 284, Annual Amount: $14,532, Year: 2025
Tile
Central Air
Central
Listing ID: 10807676, Standard Status: Active, MLS Status: Active, On market as of 2026-07-17, 91 days on market
30 total parking spaces, Parking Lot
Built in 1992, Construction Materials: Brick
County/Parish: Gwinnett
Resale
Electricity Available, Natural Gas Available, Phone Available, Water Available, Sewer Available, Water Source: Public, 220 Volts
Close Of Escrow
Accessible Doors, Accessible Entrance
Building Details
Building Size
1,992 SF
Year Built
1992
Listing Agency:
Serhant Georgia
(404) 913-0007
Listed By:
Tuy Luong · License #361064
(678) 707-2498
Source:
Blackstreaminternational
Added: Apr 2
Changed: Oct 16
Last Checked: Oct 16 at 9:29AM
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 Serhant Georgia
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial property is located along the Stone Mountain Highway corridor. Currently operating as a restaurant, the site is equipped for food service. The property features a 2,500-gallon grease trap, supporting high-capacity restaurant operations. It is surrounded by residential neighborhoods and commercial businesses, and benefits from daily traffic and local demand. Its location provides access to major thoroughfares, connecting to Gwinnett County hubs and the Metro Atlanta area. The property offers flexibility, visibility, and long-term growth potential in Lilburn’s corridor. The property size is 2,752 square feet.
Key Highlights
- High‑traffic location on Stone Mountain Highway
- Equipped for food service with a 2,500‑gallon grease trap
- Turnkey or value‑add opportunity** in a proven retail location
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,226
Cap Rate
4.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$884,520
$884.5K
Cap Rate 7%
$631,800
$631.8K
Cap Rate 9%
$491,400
$491.4K
Market Conditions
NOI Build-Up for 2,752 SF
Gross rent
$63.4K $23.04/SF
− Vacancy
−$4.4K −$1.61/SF
EGI
$59.0K $21.43/SF
− OpEx
−$14.7K −$5.36/SF
NOI
$44.2K $16.07/SF
Area
Gwinnett County, GA
Vacancy
7.00%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$884,520
Cap Rate 7%
$631,800
Cap Rate 9%
$491,400
Alternative Uses
Best Use
Specialty Retail
$631.8K
$552.8K – $737.1K
NOI $44,226 @ 7.0% cap · market cap 4.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$769.3K
$673.1K – $897.5K
NOI $53,850 @ 7.0% cap · market cap 5.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
414
Businesses Nearby
172k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 30%
Shops & Services 24%
Apparel 22%
Home Improvements & Furnishings 20%
Burlington
Apparel
36,989 visits/mo
0.4 miles
The Home Depot
Home Improvements & Furnishings
33,766 visits/mo
0.2 miles
Chili's Grill & Bar
Dining
14,733 visits/mo
0.4 miles
LongHorn Steakhouse
Dining
12,410 visits/mo
0.5 miles
Red Lobster
Dining
9,855 visits/mo
0.4 miles
Demographics for 30047, GA
69,172
Population
22,691
Households
3
Avg Household Size
38
Median Age
39%
College-Educated
82%
High-School Grad
27.4 sq mi
ZIP Area
2,525
Density / Sq Mi
$85,909
Median Household Income
$41,760
Median Earnings
$1,681
Median Rent
$325,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Commercial property on Stone Mountain Highway, currently operating as a restaurant.
Where is this conventional restaurant located?
The property is located at 4111 Stone Mountain Highway Lilburn, GA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: High‑traffic location on Stone Mountain Highway; Equipped for food service with a **2,500‑gallon grease trap**; Turnkey or value‑add opportunity** in a proven retail location
