Mixed-Use Property with
For Sale
$450,000
566 Hillcrest Rd, Lilburn, GA 30047
Commercial Sale, Lilburn, GA
Property Size2,562 SF
Lot Size0.98 Acres
Price / SF$175.64
Days on Market137
Property Features for 566 Hillcrest Rd
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CB
Parking
4
Parking features
Covered
Fencing
Chain Link
Lot features
Flag Lot, Flood Plain
Directions
I-85 N to Exit 99 (Jimmy Carter Blvd). East on Indian Trail-Lilburn Rd. Left on Hillcrest Rd. Property on left. Between Indian Trail-Lilburn Rd and Lawrenceville Hwy (US-29).
Standard status
Active
APN
R6147 045
Size
2,562 SF
Lot size
0.98 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1870
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1996
Floors in Building
2
Flooring type
Tile - Ceramic
Building materials
Brick
Listing Agency:
EXP Realty, LLC.
(888) 959-9461
Listed By:
Maggy Calhoun
(404) 886-0304
Added: May 30
Changed: Sep 2
Last Checked: Oct 13 at 3:06AM
MLS# 7778564
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 CB-zoned mixed-use property includes approximately 2,562 square feet in a one-story building with a full basement. The converted residence contains multiple office areas, two full kitchens, and five bedrooms that can function as workrooms, meeting areas, or private offices. Brick construction, ceramic tile flooring, central heating, and central air are also in place. A detached four-car garage and workshop provides covered storage or workspace, with additional room for parking and business operations across the approximately 0.98-acre parcel.
The property is located in Lilburn near Indian Trail Road, Lawrenceville Highway, and I-85, providing access to Gwinnett County and Metro Atlanta. Public water serves the site, with septic-tank sewer and cable availability. The property is tenant occupied.
The property is located in Lilburn near Indian Trail Road, Lawrenceville Highway, and I-85, providing access to Gwinnett County and Metro Atlanta. Public water serves the site, with septic-tank sewer and cable availability. The property is tenant occupied.
Key Highlights
- Approximately 0.98‑acre CB‑zoned mixed‑use property at 566 Hillcrest Rd, Lilburn, GA 30047
- One‑story building with full basement and approximately 2,562 square feet
- Five bedrooms, multiple offices, and two full kitchens
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,308
Cap Rate
7.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$686,160
$686.2K
Cap Rate 7%
$490,114
$490.1K
Cap Rate 9%
$381,200
$381.2K
Market Conditions
NOI Build-Up for 2,562 SF
Gross rent
$61.2K $23.87/SF
− Vacancy
−$15.4K −$6.02/SF
EGI
$45.7K $17.85/SF
− OpEx
−$11.4K −$4.46/SF
NOI
$34.3K $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%
$686,160
Cap Rate 7%
$490,114
Cap Rate 9%
$381,200
Alternative Uses
Best Use
Office B
$490.1K
$428.9K – $571.8K
NOI $34,308 @ 7.0% cap · market cap 7.62%
Second Best
Mixed Use
$444.7K
$389.1K – $518.8K
NOI $31,128 @ 7.0% cap · market cap 6.92%
Theoretical Best
Office A
$716.2K
$626.7K – $835.5K
NOI $50,132 @ 7.0% cap · market cap 11.14%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
851
Businesses Nearby
Explore this area
Business Placement
Demographics for 30047, GA
69,172
Population
22,691
Households
3
Avg Household Size
38
Median Age
39%
College-Educated
82%
High-School Grad
27.4 sq mi
ZIP Area
2,525
Density / Sq Mi
$85,909
Median Household Income
$41,760
Median Earnings
$1,681
Median Rent
$325,600
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - CB-zoned commercial property with flexible office areas, residential-style features, and a detached workshop.
Where is this mixed-use property located?
The property is located at 566 Hillcrest Rd Lilburn, GA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Approximately 0.98‑acre CB‑zoned mixed‑use property at 566 Hillcrest Rd, Lilburn, GA 30047; One‑story building with full basement and approximately 2,562 square feet; Five bedrooms, multiple offices, and two full kitchens
