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    Lilburn Industrial Way Lilburn, GA 30047

    For Sale
    $275,000

    0.63-acre buildable industrial lot. Prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 0.63-acre commercial vacant land parcel, located at 0 Lilburn Industrial Way in Gwinnett County, Georgia (zip code 30047), presents a rare opportunity for development. Priced at $275,000, this property boasts over 60 feet of frontage and a depth of 440 feet, totaling 27,443 square feet. Situated in the IA (Industrial-A) zoning district, the site is ideally suited for a variety of uses, including service-oriented businesses, industrial operations, warehousing, and research facilities. Permitted uses also encompass processing, fabricating, manufacturing, and even intensive auto repair with conditional approval. Outdoor storage and display are also permissible, subject to regulations. The property's adjacency to 4366 Lilburn Industrial Way ensures convenient access to major roadways and local businesses. Its location within the Lilburn Improvement District further enhances its appeal, offering access to community support and resources for development. This versatile lot is perfect for businesses needing ample space, such as those requiring truck parking or large-scale storage solutions. The property's size and zoning make it an attractive investment opportunity in a thriving area, promising significant potential for future growth and development. The property ID is R6133 282, and the alternate ID is 33417246.

    Property Features for 0 Lilburn Industrial Way

    General Information

    Property type
    Land

    HighLights

    • Prime Lilburn location, excellent road access and proximity to businesses.
    • Versatile zoning ideal for truck parking, storage, or other commercial uses.
    • IA zoning permits service businesses, industrial operations, warehousing, and outdoor storage.
    • Large lot: 60'+ frontage, 440' deep, 0.63 acres.
    • 0.63‑acre vacant commercial lot, excellent investment opportunity.
    • Located in the Lilburn Improvement District, supporting area development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lilburn
    County
    Gwinnett
    State
    Georgia
    Longitude
    -84.121178068006
    Latitude
    33.892516037664

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    FAQs

    What type of property is this?
    Land - 0.63-acre buildable industrial lot. Prime location.
    Where is this land located?
    The property is located at Lilburn Industrial Way 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: Prime Lilburn location, excellent road access and proximity to businesses.; Versatile zoning ideal for truck parking, storage, or other commercial uses.; IA zoning permits service businesses, industrial operations, warehousing, and outdoor storage.
    Request Owner's contact information
    Lilburn Industrial Way Lilburn, GA 30047
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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
    Lilburn Industrial Way Lilburn, GA 30047
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