566 Hillcrest Rd Nw, Lilburn, GA 30047
Converted two-story building with flexible office and residential/business space, plus detached garage workshop and parking room.
- Added:
- Jun 1, 2026
- Days on Market:
- 39
- Last Refresh:
- Jul 8 at 4:46 am
Property Features for 566 Hillcrest Rd Nw
General Information
- Standard status
- Active
- Size
- 2,562 SF
- Lot size
- 0.98 Acres
Listing office eXp Realty (404) 886-0304
Listing date Jun 1, 2026
Source Exprealty
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HighLights
- Commercial Business (CB) zoned property in the City of Lilburn with versatile office, residential, and business space
- Approximately 0.98‑acre site with an about 2,562 SF two‑story converted building featuring flexible layouts
- Includes multiple offices, 5 bedrooms, and meeting spaces that can be used as offices or work areas
- Two full kitchens—one on each level—support office, residential, or business use
- Detached 4‑car garage/workshop plus ample room for parking and storage
- Tenant occupied; convenient access minutes from Indian Trail Rd, Lawrenceville Hwy, and I‑85
Overview
The property is located in the City of Lilburn and is described as being zoned CB (Commercial Business). It sits on approximately 0.98 acres and is positioned just minutes from Indian Trail Road, Lawrenceville Highway, and I-85, providing access to Gwinnett County and the Metro Atlanta area. Public remarks also note the property’s placement along a well-established commercial corridor.
For tenants or owner-users, the configuration supports a variety of office and service-oriented setups, with both kitchen and room-for-work features that can accommodate different operating styles across two levels. For investors or buyers, the listing notes the property is tenant-occupied, offering a built-in operating scenario while maintaining flexibility through the CB zoning for multiple retail, office, and service-oriented uses.
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lilburn
- County
- Gwinnett
- State
- Georgia
- Longitude
- -84.1475197
- Latitude
- 33.8974404
