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Zoned CB Mixed-Use Home

576 Hillcrest Road Lilburn, GA 30047

576 Hillcrest Road, Lilburn, GA, 30047
$275,000
For Sale
Claim this Listing
$275,000

COMMERCIAL - Lilburn, GA

Property Size1,296 SF
Lot Size0.70 Acres
Price / SF$212.19
AddedMar 26
Days on Market111
Last RefreshJul 14 at 11:06 pm

Property Features for 576 Hillcrest Road

General Information

Property type
Commercial Sale
Property subtype
Other
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
1875

Utilities

Utilities
Water Available
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1973
Flooring type
Laminate
Building materials
Wood Siding
Roof type
Composition

Listing agent Maggy Calhoun

Listing office eXp Realty 1372 Peachtree St NE, Atlanta, GA

Listing date Mar 26, 2026

MLS# 10719053

Copyright © 2026 Georgia Multiple Listing Service. 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 property is a mixed-use residential home offering a 2-bedroom, 1-bath layout, plus two additional rooms that can support flexible office or bedroom use. Recent updates include new interior paint and laminate flooring throughout, helping the home present well for an owner-occupant or a tenant-ready conversion.

Located at 576 Hillcrest Road in Lilburn, Georgia 30047 (Gwinnett County), the home sits on approximately 0.7 acres. The property is identified as zoned CB, which may support a broader range of uses compared with standard residential zoning.

For buyers considering a live/work setup, the combination of bedrooms, a bathroom, and extra rooms provides practical space for an office, a secondary workspace, or additional sleeping areas. The on-site updates, including fresh paint and laminate flooring, can reduce near-term turnover effort. The stated property size is 1,296 square feet, and the offering is for sale at this address in Lilburn.

Key Highlights

  • 2 bed, 1 bath home with two additional rooms for office or bedrooms
  • Zoned CB in Lilburn
  • Central heating and central air conditioning

Local Financial Insights For Mixed Use

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 $28.0k $21.60
− Vacancy −$2.8k −$2.16
EGI $25.2k $19.44
− OpEx −$9.4k −$7.29
NOI $15.7k $12.15
1,296 SF · lease $21.60/SF/yr · vacancy 10.00% · expense 37.50%

Alternative Uses

Best Use
Mixed Use
$224.9K
$196.8K – $262.4K (±1% cap)
NOI $15,746 @ 7.0% cap · market cap 5.73%
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 local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

America Painting & Remodeling Painting

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.

FAQs

What type of property is this?
Mixed-use property - 2-bedroom, 1-bath home with two additional rooms, newly painted interiors and laminate flooring, zoned CB in Lilburn.
Where is this mixed-use property 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: 2 bed, 1 bath home with two additional rooms for office or bedrooms; Zoned CB in Lilburn; Central heating and central air conditioning
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