Commercial Office
For Sale
$275,000
576 Hillcrest Road, Lilburn, GA 30047
Commercial Sale, Lilburn, GA
Property Size1,296 SF
Lot Size0.70 Acres
Price / SF$212.19
Days on Market210
Property Features for 576 Hillcrest Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CB
Window features
Wood Frames
Interior features
Restrooms
Fencing
Fenced, Chain Link
Lot features
Level, Private
Directions
Hwy 29 to Hillcrest Rd.
Standard status
Active
APN
R6147 044
Size
1,296 SF
Lot size
0.70 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2500
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1973
Floors in Building
1
Flooring type
Laminate
Building materials
Wood Siding
Listing Agency:
EXP Realty, LLC.
(888) 959-9461
Listed By:
Maggy Calhoun
(404) 886-0304
Added: Mar 26
Changed: Oct 17
Last Checked: Oct 21 at 2:06AM
MLS# 7735482
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.
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Investment Insights
Based on property information with market context.
This 1,296-square-foot office building sits on 0.7 acres and includes three rooms identified as bedroom/office space, one bathroom, and an additional room that can serve as office or bedroom space. Recent improvements include new interior paint and laminate flooring. The building has wood siding, central heating and central air conditioning, and a restroom.
The property is located at 576 Hillcrest Road in Lilburn, Georgia, within the CB Commercial Business District. The site includes chain-link fencing, public water, septic service, and cable availability. Built in 1973, the property provides a compact office configuration with several existing interior rooms.
The property is located at 576 Hillcrest Road in Lilburn, Georgia, within the CB Commercial Business District. The site includes chain-link fencing, public water, septic service, and cable availability. Built in 1973, the property provides a compact office configuration with several existing interior rooms.
Key Highlights
- 1,296‑square‑foot office building on 0.7 acres
- Zoned CB, Commercial Business District
- Three bedroom/office rooms, one bathroom, and an additional room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,355
Cap Rate
6.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$347,100
$347.1K
Cap Rate 7%
$247,929
$247.9K
Cap Rate 9%
$192,833
$192.8K
Market Conditions
NOI Build-Up for 1,296 SF
Gross rent
$30.9K $23.87/SF
− Vacancy
−$7.8K −$6.02/SF
EGI
$23.1K $17.85/SF
− OpEx
−$5.8K −$4.46/SF
NOI
$17.4K $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%
$347,100
Cap Rate 7%
$247,929
Cap Rate 9%
$192,833
Alternative Uses
Best Use
Office B
$247.9K
$216.9K – $289.3K
NOI $17,355 @ 7.0% cap · market cap 6.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$362.3K
$317.0K – $422.7K
NOI $25,360 @ 7.0% cap · market cap 9.22%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
800
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - CB-zoned office property with laminate flooring, central HVAC, and a fenced lot.
Where is this office building located?
The property is located at 576 Hillcrest Road Lilburn, GA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 1,296‑square‑foot office building on 0.7 acres; Zoned CB, Commercial Business District; Three bedroom/office rooms, one bathroom, and an additional room
