Tucker Mixed-Use Redevelopment
4121 Lawrenceville Hwy, Tucker, GA 30084
For Sale
Contact for pricing
Two-story brick building in Tucker Downtown District for sale.
Property Size6,380 SF
Lot Size1.23 Acres
Price / SF$266.46
Days on Market268
Property Features for 4121 Lawrenceville Hwy
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Investment Type
Building Details
Buildings
Stories
Listing Agency:
Morelli Investments LLC
Listed By:
Marcus Morelli · License GA #442230
Source:
Crexi
Added: Feb 17
Changed: Nov 7
Last Checked: Nov 10 at 6:10AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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 / Yr
$89,737
Cap Rate
5.28%
Suggested Prices Based on Cap Rates
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
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 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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,904
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
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.
