Two-Room Office
For Sale
Contact for pricing
490 S Perry Street #107, Lawrenceville, GA 30046
Restored single-story office suite with hardwood floors, private client access, shared conference space, and on-site parking.
Property Size1,940 SF
Price / SF$1,200
Days on Market53
Property Features for 490 S Perry Street #107
General Information
Standard status
Active
Size
1,940 SF
Property subtype
Commercial
Amenities
private conference room
updated break room with granite counters
welcoming lobby
wireless internet included
0.63 acres, Corner Lot, Level
Public Sewer
Parcel Number: R5146D057
Hardwood
Central Air, Fans
Central
Listing ID: 10835822, Standard Status: Active, MLS Status: Active, On market as of 2026-08-28, 49 days on market
12 total parking spaces, Parking Lot
Built in 1940, Construction Materials: Brick
County/Parish: Gwinnett
Resale
Electricity Available, Sewer Available, Water Available, Water Source: Public
Building Details
Building Size
1,940 SF
Year Built
1940
Stories
1
Listing Agency:
Buy n Sell
(678) 250-9200
Listed By:
Kito J Johnson · License #276424
(770) 591-2033
Source:
Blackstreaminternational
Added: Aug 28
Changed: Oct 16
Last Checked: Oct 19 at 11:11AM
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 Buy n Sell
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 two-room office suite occupies part of a restored single-story historic building with hardwood floors throughout. Suite 101 provides the primary workspace at 171 SF, while adjoining Suite 102 adds 79 SF and includes a separate exterior entrance for staff or client access. The combined suite totals 250 SF.
Occupants share a private conference room, an updated break room with granite counters, and a lobby. Level parking is available along the side and rear of the building, and wireless internet is included. The property is located in downtown Lawrenceville, approximately a five-minute walk from the Gwinnett Justice & Administration Center. Built in 1940, the building offers a compact office configuration with shared support areas.
Occupants share a private conference room, an updated break room with granite counters, and a lobby. Level parking is available along the side and rear of the building, and wireless internet is included. The property is located in downtown Lawrenceville, approximately a five-minute walk from the Gwinnett Justice & Administration Center. Built in 1940, the building offers a compact office configuration with shared support areas.
Key Highlights
- 250 SF two‑room office suite
- Suite 101: 171 SF primary office; Suite 102: 79 SF adjoining room
- Private exterior entrance for Suite 102
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13
Suggested Prices Based on Cap Rates
Cap Rate 5%
$260
$260
Cap Rate 7%
$186
$186
Cap Rate 9%
$144
$144
Market Conditions
NOI Build-Up for 1 SF
Gross rent
$24 $23.87/SF
− Vacancy
−$6 −$6.02/SF
EGI
$18 $17.85/SF
− OpEx
−$4 −$4.46/SF
NOI
$13 $13.39/SF
Area
Gwinnett County, GA
Vacancy
25.20%
Lease Rate
$23.87 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$260
Cap Rate 7%
$186
Cap Rate 9%
$144
Alternative Uses
Best Use
Office B
$186
$163 – $217
NOI $13 @ 7.0% cap · market cap 1.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$286
$250 – $333
NOI $20 @ 7.0% cap · market cap 1.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,929
Businesses Nearby
Explore this area
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
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?
Office unit - Restored single-story office suite with hardwood floors, private client access, shared conference space, and on-site parking.
Where is this office unit located?
The property is located at 490 S Perry Street #107 Lawrenceville, GA.
What are key features of this property?
This property features: 250 SF two‑room office suite; Suite 101: 171 SF primary office; Suite 102: 79 SF adjoining room; Private exterior entrance for Suite 102
