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    Versatile Commercial Property in Lilburn

    566 Hillcrest Rd Lilburn, GA 30047

    566 Hillcrest Rd, Lilburn, GA, 30047
    $450,000
    For Sale
    Claim this Listing
    $450,000

    COMMERCIAL - Lilburn, GA

    Property Size2,562 SF
    Lot Size0.98 Acres
    Price / SF$175.64
    AddedMay 30
    Days on Market46
    Last RefreshJul 14 at 7:06 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
    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 agent Maggy Calhoun

    Listing office EXP Realty, LLC. 1372 Peachtree St NE, Atlanta, GA

    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.

    Investment Insights

    Based on property information with market context.

    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.

    Key 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.

    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 (±1% cap)
    NOI $34,308 @ 7.0% cap · market cap 7.62%
    Second Best
    Mixed Use
    $444.7K
    $389.1K – $518.8K (±1% cap)
    NOI $31,128 @ 7.0% cap · market cap 6.92%
    Theoretical Best
    Office A
    $716.2K
    $626.7K – $835.5K (±1% cap)
    NOI $50,132 @ 7.0% cap · market cap 11.14%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Goliath Exteriors Landscaping

    Suggested Use

    Law Firm Real Estate Agency Parking Lot & Garage Pharmacy Storage Facility Locksmith Daycare Center Garden Center Electrical Service (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

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    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.
    Contact an agent
    (888) 959-9461
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    Maggy Calhoun
    Maggy Calhoun
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