Storefront Property with Dual Road
For Sale
$585,000
578 Braselton Highway NE, Lawrenceville, GA 30043
COMMERCIAL - Lawrenceville, GA
Property Size2,086 SF
Lot Size0.43 Acres
Price / SF$280.44
Days on Market216
Property Features for 578 Braselton Highway NE
General Information
Property type
Commercial Sale
Property subtype
Office
Parking
15
Parking features
Parking Lot
Lot features
Corner Lot
Directions
From I-85, take GA 20 toward Lawrenceville, take Hwy 124(Braselton Hwy)split off GA 20 (Buford Dr) to 578 Braselton Hwy on Left. (Corner of Braselton Hwy and Allen Drive.
Standard status
Active
APN
R7028A127
Size
2,086 SF
Lot size
0.43 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
4967
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Forced Air, Natural Gas, Central
Cooling system
Electric, Attic Fan, Central Air
Water source
Public
Building Details
Year built
1954
Flooring type
Hardwood, Carpet, Tile
Building materials
Wood Siding
Roof type
Composition
Listing Agency:
eXp Realty
(888) 959-9461
Listed By:
Michelle L Jones
(678) 409-0882
Added: Jan 8
Changed: Aug 4
Last Checked: Aug 12 at 9:06AM
MLS# 10668483
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.
Storefront property zoned C-2 with dual road frontage for strong visibility and flexible business use. The property sits on 0.43 acres and includes a composition roof, wood siding exterior, and interior finishes of hardwood, tile, and carpet. Built in 1954, it is heated and cooled with natural gas, central forced air, central air, electric service, and an attic fan. Parking is provided via a parking lot, with cable available and public water served by a septic tank.
The site offers approximately 95 feet of frontage on Braselton Highway (124) and approximately 183 feet of frontage on Allen Drive, and it is positioned near Highway 20 and 316.
The property is currently operated as a tattoo studio and hair salon and was reported to have a new roof installed in 2025.
The site offers approximately 95 feet of frontage on Braselton Highway (124) and approximately 183 feet of frontage on Allen Drive, and it is positioned near Highway 20 and 316.
The property is currently operated as a tattoo studio and hair salon and was reported to have a new roof installed in 2025.
Key Highlights
- 0.43‑acre storefront property zoned C‑2
- Approximately 95 feet of frontage on Braselton Highway (124)
- Approximately 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
$30,245
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
5.17%
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%
$604,900
$604.9K
Cap Rate 7%
$432,071
$432.1K
Cap Rate 9%
$336,056
$336.1K
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
$56.3K $27.00/SF
− Vacancy
−$5.9K −$2.84/SF
EGI
$50.4K $24.17/SF
− OpEx
−$20.2K −$9.67/SF
NOI
$30.2K $14.50/SF
Area
Gwinnett County, GA
Vacancy
10.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
40.00%
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%
$604,900
Cap Rate 7%
$432,071
Cap Rate 9%
$336,056
Alternative Uses
Best Use
Healthcare Medical
$432.1K
$378.1K – $504.1K
NOI $30,245 @ 7.0% cap · market cap 5.17%
Second Best
Office B
$399.1K
$349.2K – $465.6K
NOI $27,934 @ 7.0% cap · market cap 4.78%
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
Lease Details
Yes
Highway access
Yes
Paved road access
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 Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - C-2 zoned storefront property with dual road frontage and on-site parking lot.
Where is this storefront property located?
The property is located at 578 Braselton Highway 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: 0.43‑acre storefront property zoned C‑2; Approximately 95 feet of frontage on Braselton Highway (124); Approximately 183 feet of frontage on Allen Drive
