C-2 Commercial Land With
For Sale
$850,000
528 Braselton Highway, Lawrenceville, GA 30043
Commercial Sale, Lawrenceville, GA
Property Size2,238 SF
Lot Size1.40 Acres
Price / SF$379.80
Days on Market153
Property Features for 528 Braselton Highway
General Information
Property type
Residential
Property subtype
Retail
Zoning
C2
Parking
8
Parking features
Parking Lot
Lot features
Free Standing, Level
Directions
USE GPS
Standard status
Active
APN
R7028A123
Size
2,238 SF
Lot size
1.40 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
5889
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1952
Floors in Building
1
Flooring type
Carpet
Roof type
Asphalt
Additional Structures
Outbuilding
Listing Agency:
REMAX Center · RE/MAX International
(770) 932-1234
Listed By:
Bill Reed · License #182001
(770) 932-1234
Added: Apr 2
Changed: Aug 20
Last Checked: Sep 1 at 8:06PM
MLS# 7745722
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.
Investment Insights
Based on property information with market context.
This 1.4-acre level parcel is zoned C-2 and includes an existing residential house along with a smaller store building. The site also provides a parking lot, while the property includes public water, septic service, central heating, central air, cable availability, and an asphalt roof. The improvements date to 1952, and carpet flooring is noted.
The property is located at 528 Braselton Highway in Lawrenceville, near the corner of Buford Drive and Hwy 20. Its existing commercial and residential improvements create a mixed on-site configuration within the C-2-zoned land. The property is offered for sale.
The property is located at 528 Braselton Highway in Lawrenceville, near the corner of Buford Drive and Hwy 20. Its existing commercial and residential improvements create a mixed on-site configuration within the C-2-zoned land. The property is offered for sale.
Key Highlights
- 1.4‑acre level commercial parcel
- C‑2 zoning
- Existing small store building and residential house
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
$25,999
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
3.06%
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%
$519,980
$520.0K
Cap Rate 7%
$371,414
$371.4K
Cap Rate 9%
$288,878
$288.9K
Market Conditions
NOI Build-Up for 2,238 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
$40.3K $18.00/SF
− Vacancy
−$3.1K −$1.40/SF
EGI
$37.1K $16.60/SF
− OpEx
−$11.1K −$4.98/SF
NOI
$26.0K $11.62/SF
Area
Gwinnett County, GA
Vacancy
7.80%
Lease Rate
$18.00 /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%
$519,980
Cap Rate 7%
$371,414
Cap Rate 9%
$288,878
Alternative Uses
Best Use
Retail
$371.4K
$325.0K – $433.3K
NOI $25,999 @ 7.0% cap · market cap 3.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$625.6K
$547.4K – $729.9K
NOI $43,792 @ 7.0% cap · market cap 5.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
79
Businesses Nearby
Explore this area
Business Placement
Demographics for 30043, GA
88,453
Population
30,251
Households
2.9
Avg Household Size
37
Median Age
40%
College-Educated
89%
High-School Grad
33.1 sq mi
ZIP Area
2,672
Density / Sq Mi
$91,299
Median Household Income
$44,207
Median Earnings
$1,787
Median Rent
$344,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Level commercial parcel with an existing store, residential house, parking lot, and public water service.
Where is this commercial land located?
The property is located at 528 Braselton Highway Lawrenceville, GA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 1.4‑acre level commercial parcel; C‑2 zoning; Existing small store building and residential house
