Tucker Mixed-Use Redevelopment
For Sale
Contact for pricing
4121 Lawrenceville Hwy, Tucker, GA 30084
Two-story brick building in Tucker Downtown District for sale.
Property Size6,380 SF
Lot Size1.23 Acres
Price / SF$266.46
Days on Market175
Property Features for 4121 Lawrenceville Hwy
General Information
Standard status
Active
Size
6,380 SF
Total Parking Spaces
12
Lot size
1.23 Acres
Property subtype
Mixed Use, Office, Retail
Zoning
C-2
Investment Type
Owner/User
Building Details
Buildings
1
Stories
2
Listing Agency:
Morelli Investments LLC
Listed By:
Marcus Morelli · License #442230
Source:
Crexi
Added: Feb 17
Changed: Aug 8
Last Checked: Aug 11 at 8:56AM
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 Morelli Investments LLC
Investment Insights
Based on property information with market context.
This is a ±6,380 square foot, two-story brick building situated at the signalized corner of Lawrenceville Highway and Idlewood Road, within the City of Tucker Downtown District. The property is zoned DT3 (Downtown Village). It benefits from high visibility on a prominent corner, with approximately 34,000 vehicles per day along Lawrenceville Highway and 9,000 vehicles per day along Idlewood Road. The property is suitable for adaptive reuse, redevelopment, or integration into a larger assemblage totaling ±1.23 acres.
Key Highlights
- Prominent corner location at a signalized intersection in Tucker Downtown District.
- High traffic exposure: approximately 34,000 vehicles per day on Lawrenceville Highway and 9,000 vehicles per day on Idlewood Road.
- Zoned DT3 (Downtown Village) allowing for adaptive reuse or redevelopment.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$89,737
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.28%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,794,740
$1.8M
Cap Rate 7%
$1,281,957
$1.3M
Cap Rate 9%
$997,078
$997.1K
Market Conditions
NOI Build-Up for 6,380 SF
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.
Gross rent
$140.1K $21.96/SF
− Vacancy
−$11.9K −$1.87/SF
EGI
$128.2K $20.09/SF
− OpEx
−$38.5K −$6.03/SF
NOI
$89.7K $14.07/SF
Area
DeKalb County, GA
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,794,740
Cap Rate 7%
$1,281,957
Cap Rate 9%
$997,078
Alternative Uses
Best Use
Retail
$1.28M
$1.12M – $1.50M
NOI $89,737 @ 7.0% cap · market cap 5.28%
Second Best
Office B
$1.22M
$1.07M – $1.42M
NOI $85,435 @ 7.0% cap · market cap 5.03%
Theoretical Best
Office A
$1.78M
$1.56M – $2.08M
NOI $124,842 @ 7.0% cap · market cap 7.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,567
Businesses Nearby
Explore this area
Business Placement
Demographics for 30084, GA
41,654
Population
15,950
Households
2.6
Avg Household Size
38
Median Age
42%
College-Educated
87%
High-School Grad
14.9 sq mi
ZIP Area
2,796
Density / Sq Mi
$82,747
Median Household Income
$42,528
Median Earnings
$1,617
Median Rent
$332,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-story brick building in Tucker Downtown District for sale.
Where is this mixed-use property located?
The property is located at 4121 Lawrenceville Hwy Tucker, GA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Prominent corner location at a signalized intersection in Tucker Downtown District.; High traffic exposure: approximately 34,000 vehicles per day on Lawrenceville Highway and 9,000 vehicles per day on Idlewood Road.; Zoned DT3 (Downtown Village) allowing for adaptive reuse or redevelopment.
