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Commercial Office Building
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 Market202

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 Chain Link, Fenced
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.
Listed By: Maggy Calhoun
Added: Mar 26 Changed: Oct 8 Last Checked: Oct 13 at 3:06AM
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.

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.

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 (±1% cap)
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 (±1% cap)
NOI $25,360 @ 7.0% cap · market cap 9.22%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

America Painting & Remodeling Painting

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Pharmacy Storage Facility Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

800
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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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
More about this property
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