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Downtown Lawrenceville Mixed-Use Opportunity
For Sale
$365,000

888 North Clayton Street, Lawrenceville, GA 30046

Dual-zoned property near downtown Lawrenceville, ideal for business.

Property Size1,398 SF
Price / SF$261.09
Days on Market337

Property Features for 888 North Clayton Street

General Information

Standard status Active
Size 1,398 SF
Total Parking Spaces 4
Property subtype Commercial Sale / Mixed Use

Taxes and HOA fees

Annual Taxes $1.00

Amenities

Ceiling Fan(s), Central Air
Central, Electric, Natural Gas
Crawl Space, Exterior Entry
Carpet, Hardwood, Vinyl
Block
8.0
One
Furniture, Satellite Dish
Insulated Windows, Storm Window(s)
Living Space Available, Restrooms
Fenced, Wood
Wood
No
Paved
Carbon Monoxide Detector(s), Fire Alarm
2
City Street
Accessible Approach with Ramp, Accessible Bedroom, Accessible Doors, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen, Accessible Kitchen Appliances, Accessible Washer/Dryer, Grip-Accessible Features
Cement Siding

Building Details

Year Built 1930
Listing Agency: Coldwell Banker Realty
Listed By: LeAnn R Chick · License #243743
Source: Compass
Added: Nov 24, 2025 Changed: Oct 27 Last Checked: Oct 26 at 7:04PM

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 Coldwell Banker Realty

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Investment Insights

Based on property information with market context.

This property presents an opportunity in downtown Lawrenceville, situated blocks from the downtown area. Zoned for both commercial and residential use, it is suitable for business purposes. The location offers access off of Buford Drive, near the Depot District and minutes from the College Corridor. The property features a level lot for parking, additional storage, a newer roof, and renovations completed several years ago. It has been maintained by the owners for over 42 years and is located in a high-traffic area.

Key Highlights

  • Dual zoning (commercial and residential) offers flexible usage.
  • High‑visibility location off Buford Drive in downtown Lawrenceville.
  • Easy access to the Depot District and College Corridor.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,986
Cap Rate
4.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$339,720 $339.7K
Cap Rate 7%
$242,657 $242.7K
Cap Rate 9%
$188,733 $188.7K
Market Conditions
NOI Build-Up for 1,398 SF
Gross rent
$30.2K $21.60/SF
− Vacancy
−$3.0K −$2.16/SF
EGI
$27.2K $19.44/SF
− OpEx
−$10.2K −$7.29/SF
NOI
$17.0K $12.15/SF
Area
Gwinnett County, GA
Vacancy
10.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$339,720
Cap Rate 7%
$242,657
Cap Rate 9%
$188,733

Alternative Uses

Best Use
Mixed Use
$242.7K
$212.3K – $283.1K (±1% cap)
NOI $16,986 @ 7.0% cap · market cap 4.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$390.8K
$342.0K – $455.9K (±1% cap)
NOI $27,356 @ 7.0% cap · market cap 7.49%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Mixed-use properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Wine and Liquor Store Dental Office Clothing & Fashion Store Parking Lot & Garage

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

801
Businesses Nearby

Demographics for 30046, GA

40,227
Population
14,356
Households
2.8
Avg Household Size
34
Median Age
26%
College-Educated
84%
High-School Grad
15.8 sq mi
ZIP Area
2,546
Density / Sq Mi
$63,379
Median Household Income
$36,962
Median Earnings
$1,488
Median Rent
$302,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Mixed-use property - Dual-zoned property near downtown Lawrenceville, ideal for business.
Where is this mixed-use property located?
The property is located at 888 North Clayton Street Lawrenceville, GA.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Dual zoning (commercial and residential) offers flexible usage.; High‑visibility location off Buford Drive in downtown Lawrenceville.; Easy access to the Depot District and College Corridor.
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Includes: Price & PSF · Cap rate · Location · Zoning

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