Versatile Commercial Property in
566 Hillcrest Rd, Lilburn, GA 30047
New
- Added:
- May 30, 2026
- Days on Market:
- 1
- Last Refresh:
- May 30 at 3:06 pm
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
- Standard status
- Active
- 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 agent Maggy Calhoun (888) 959-9461
Listing office EXP Realty, LLC. 1372 Peachtree St NE, Atlanta, GA (888) 959-9461
Listing date May 30, 2026
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.
HighLights
- CB (Commercial Business) zoning in Lilburn allows for a wide range of uses.
- Approximately 2,562 sq ft of flexible space suitable for various uses.
- Excellent location with convenient access to major roads.
- Detached 4‑car garage/workshop provides ample space.
- Property includes two full kitchens, and 5 bedrooms that can be utilized as offices.
- Located on approximately 0.98 acres with ample room.
Overview
This commercial property is located in the City of Lilburn, GA, and is zoned CB (Commercial Business). The property includes a converted residence on approximately 0.98 acres. The two-story building offers approximately 2,562 square feet of flexible space suitable for office, residential, or business use. The layout features multiple offices, two full kitchens on both levels, and 5 bedrooms that can be utilized as offices, meeting spaces, or work areas. Additionally, there is a detached 4-car garage/workshop. The property provides ample room for parking, storage, and business operations. Its location provides convenient access to Gwinnett County and Metro Atlanta, benefiting from a well-established commercial corridor. It is situated minutes from Indian Trail Road, Lawrenceville Highway, and I-85. The City of Lilburn's CB zoning allows a wide range of retail, office, and service-oriented uses. The property is tenant occupied.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $61.2k | $23.87 |
| − Vacancy | −$15.4k | −$6.02 |
| EGI | $45.7k | $17.85 |
| − OpEx | −$11.4k | −$4.46 |
| NOI | $34.3k | $13.39 |
2,562 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
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 local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Goliath Exteriors
Landscaping
Location Insight
- Map
- Local Demand
- City
- Lilburn
- County
- Gwinnett
- State
- Georgia
- Longitude
- -84.147318
- Latitude
- 33.897477
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - CB-zoned property with flexible space, ideal for various business uses.
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: CB (Commercial Business) zoning in Lilburn allows for a wide range of uses.; Approximately 2,562 sq ft of flexible space suitable for various uses.; Excellent location with convenient access to major roads.
