Four-Sided Brick Office
For Sale
$816,725
Pending
5 Hurricane Shoals Road NE, Lawrenceville, GA 30046
Commercial Sale, Lawrenceville, GA
Property Size3,808 SF
Lot Size0.35 Acres
Days on Market361
Property Features for 5 Hurricane Shoals Road NE
General Information
Property type
Residential
Property subtype
Office
Zoning
BG
Parking
15
Parking features
Parking Lot
Interior features
Reception Area, Restrooms
Lot features
Corner Lot, Level
Directions
From Atlanta I-85 North to University Pkwy/Hwy. 316 East (R) Exit 7 - Collins Hill Rd. (R) Hurricane Shoals Rd. (L) Northdale Rd. - Building on the Left
Standard status
Pending
APN
R5145 271
Size
3,808 SF
Lot size
0.35 Acres
Additional Details
Property Use
Office
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
7564
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Zoned, Natural Gas, Central
Cooling system
Central Air, Zoned, Electric
Water source
Public
Building Details
Year built
1988
Floors in Building
1
Flooring type
Vinyl
Building materials
Brick, Brick 4 Sides
Roof type
Asbestos Shingle
Buildings
1
Listing Agency:
Living Stone Properties, Inc.
Listed By:
Greg Cantrell · License #163837
(770) 277-9978
Added: Nov 7, 2025
Changed: Oct 28
Last Checked: Nov 2 at 3:06AM
MLS# 7678013
Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 3,808-square-foot office building was constructed in 1988 with brick on all four sides. The layout includes three separate suites measuring approximately 2,143 square feet, 373 square feet, and 1,064 square feet. Interior features include a reception area and restrooms, with vinyl flooring and zoned central heating and air conditioning. A parking lot serves the property, which occupies 0.35 acres.
The property is located at 5 Hurricane Shoals Road NE in Lawrenceville, near Historic Downtown Lawrenceville, Georgia Gwinnett College, Northside Hospital Gwinnett, and Gwinnett County Airport-Briscoe Field. Access to University Parkway, also identified as Hwy 316, is nearby. Public water and public sewer serve the site, and cable is available. The property is zoned BG.
The property is located at 5 Hurricane Shoals Road NE in Lawrenceville, near Historic Downtown Lawrenceville, Georgia Gwinnett College, Northside Hospital Gwinnett, and Gwinnett County Airport-Briscoe Field. Access to University Parkway, also identified as Hwy 316, is nearby. Public water and public sewer serve the site, and cable is available. The property is zoned BG.
Key Highlights
- 3,808 square feet on 0.35 acres
- Three suites: approx. 2,143 SF, 373 SF, and 1,064 SF
- Four‑sided brick construction completed in 1988
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,993
Cap Rate
6.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,019,860
$1.0M
Cap Rate 7%
$728,471
$728.5K
Cap Rate 9%
$566,589
$566.6K
Market Conditions
NOI Build-Up for 3,808 SF
Gross rent
$90.9K $23.87/SF
− Vacancy
−$22.9K −$6.02/SF
EGI
$68.0K $17.85/SF
− OpEx
−$17.0K −$4.46/SF
NOI
$51.0K $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%
$1,019,860
Cap Rate 7%
$728,471
Cap Rate 9%
$566,589
Alternative Uses
Best Use
Office B
$728.5K
$637.4K – $849.9K
NOI $50,993 @ 7.0% cap · market cap 6.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.06M
$931.4K – $1.24M
NOI $74,514 @ 7.0% cap · market cap 9.12%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
3
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
694
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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Three office suites with reception space, restrooms, parking, and BG zoning near central Lawrenceville.
Where is this office building located?
The property is located at 5 Hurricane Shoals Road NE Lawrenceville, GA.
What is the asking price?
The asking price for this property is $816,725.
What are key features of this property?
This property features: 3,808 square feet on 0.35 acres; Three suites: approx. 2,143 SF, 373 SF, and 1,064 SF; Four‑sided brick construction completed in 1988
