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    317 Phillips St Lawrenceville, GA 30046

    Sponsored
    For Sale
    $650,000

    .95-acre lot, double road frontage, high traffic area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional .95-acre commercial lot presents a unique investment opportunity in the thriving Lawrenceville, Georgia market. Boasting double road frontage, the property offers 132 feet of frontage on Scenic Highway and an additional 213 feet on Phillips Street. This high-traffic location places the lot approximately half a block west of the intersection of GA Hwy 20 and Scenic Highway, ensuring maximum visibility and accessibility for any business. The C5 zoning permits a wide range of commercial uses, including, but not limited to, fast food establishments, car washes, and retail developments. Importantly, the property already has approvals in place for a gas station/retail development, streamlining the permitting process for a prospective buyer. This Core+ investment presents a compelling opportunity to capitalize on the strong commercial activity in this area. The substantial lot size and strategic location make it ideal for a variety of businesses seeking high visibility and convenient access. The property is situated in Gwinnett County, Georgia, with the address listed as 317 Phillips St, Lawrenceville, GA 30046. This is a rare opportunity to acquire a well-positioned commercial lot with significant development potential.

    Property Features for 317 Phillips St

    General Information

    Property type
    Mixed-use properties
    Lot Size
    41,382 SF

    HighLights

    • .95‑acre commercial lot in Lawrenceville, GA, offering high visibility and accessibility.
    • Double road frontage: 132 feet on Scenic Highway and 213 feet on Phillips Street, near GA Hwy 20 intersection.
    • C5 zoning allows various commercial uses, including fast food, car washes, and retail.
    • Pre‑approved for gas station/retail development, simplifying permitting.
    • Located at 317 Phillips St, Lawrenceville, GA 30046.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lawrenceville
    County
    Gwinnett
    State
    Georgia
    Longitude
    -83.987358
    Latitude
    33.945328

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    FAQs

    What type of property is this?
    Mixed-use property - .95-acre lot, double road frontage, high traffic area.
    Where is this mixed-use property located?
    The property is located at 317 Phillips St Lawrenceville, GA.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: .95-acre commercial lot in Lawrenceville, GA, offering high visibility and accessibility.; Double road frontage: 132 feet on Scenic Highway and 213 feet on Phillips Street, near GA Hwy 20 intersection.; C5 zoning allows various commercial uses, including fast food, car washes, and retail.
    (912) 253-0268
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    317 Phillips St Lawrenceville, GA 30046
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    Lawrenceville, GA 30046
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    317 Phillips St Lawrenceville, GA 30046
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