Storefront Property With Dual
For Sale
$585,000
578 Braselton Hwy NE, Lawrenceville, GA 30043
C-2 zoning identified for retail, office, medical, daycare, grocery, and auto-related uses.
Property Size2,086 SF
Price / SF$280.44
Days on Market28
Property Features for 578 Braselton Hwy NE
General Information
Standard status
Active
Size
2,086 SF
Zoning
C-2
Building Details
Year Built
1954
Listing Agency:
eXp Realty
(678) 409-0882
Listed By:
Michelle Jones
Source:
Harmonandharmon
Added: Aug 1
Changed: Aug 14
Last Checked: Aug 28 at 12:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty
Investment Insights
Based on property information with market context.
This 2,086-square-foot storefront property at 578 Braselton Hwy NE includes an existing commercial operation with a tattoo studio and hair salon. The building dates to 1954 and received a new roof in 2025. Its C-2 zoning is identified for a broad range of commercial applications, including retail, office, medical, daycare, grocery, and auto sales or repair.
The property has road exposure along both Braselton Highway (124) and Allen Drive, with approximately 95 feet and 183 feet of frontage, respectively. Highway 20 and Highway 316 are nearby, adding convenient access to the surrounding commercial area.
The property has road exposure along both Braselton Highway (124) and Allen Drive, with approximately 95 feet and 183 feet of frontage, respectively. Highway 20 and Highway 316 are nearby, adding convenient access to the surrounding commercial area.
Key Highlights
- 2,086‑square‑foot storefront property at 578 Braselton Hwy NE
- Approximately 95 feet of frontage on Braselton Highway (124)
- 183 feet of frontage on Allen Drive
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,233
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.14%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$484,660
$484.7K
Cap Rate 7%
$346,186
$346.2K
Cap Rate 9%
$269,256
$269.3K
Market Conditions
NOI Build-Up for 2,086 SF
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.
Gross rent
$37.5K $18.00/SF
− Vacancy
−$2.9K −$1.40/SF
EGI
$34.6K $16.60/SF
− OpEx
−$10.4K −$4.98/SF
NOI
$24.2K $11.62/SF
Area
Gwinnett County, GA
Vacancy
7.80%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$484,660
Cap Rate 7%
$346,186
Cap Rate 9%
$269,256
Alternative Uses
Best Use
Retail
$346.2K
$302.9K – $403.9K
NOI $24,233 @ 7.0% cap · market cap 4.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$583.1K
$510.2K – $680.3K
NOI $40,818 @ 7.0% cap · market cap 6.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
397
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30043, GA
88,453
Population
30,251
Households
2.9
Avg Household Size
37
Median Age
40%
College-Educated
89%
High-School Grad
33.1 sq mi
ZIP Area
2,672
Density / Sq Mi
$91,299
Median Household Income
$44,207
Median Earnings
$1,787
Median Rent
$344,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Duran carpet inc — 1115 Southern Run, Lawrenceville, GA 30043
Frequently Asked Questions
What type of property is this?
Storefront property - C-2 zoning identified for retail, office, medical, daycare, grocery, and auto-related uses.
Where is this storefront property located?
The property is located at 578 Braselton Hwy NE Lawrenceville, GA.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: 2,086‑square‑foot storefront property at 578 Braselton Hwy NE; Approximately 95 feet of frontage on Braselton Highway (124); 183 feet of frontage on Allen Drive
