Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    884 Buford Dr Lawrenceville, GA 30043

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $15 SF/Yr ($1,937 /Mo)

    1,500 SF retail space with excellent frontage and visibility.

    Property size:
    1,500 SF
    Lot size:
    2.69 Acres

    Property Features for 884 Buford Dr

    General Information

    Size
    1,500 SF
    Lot size
    2.69 Acres

    We can help!

    Listing Contact
    Jared Touchstone
    Source: Moodyscre

    Listing Agent: Jared Touchstone

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Retail Space on Buford Highway

    This retail space, Suite 700, offers 1,500 square feet with frontage and visibility on Buford Highway. The property is located near Gwinnett County Airport and Georgia Gwinnett College, just off Highway 29.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pawn Smart Pawn Shop Quick Auto Sales Used Car Dealer ACROLET AFRO-CARIB MARKET Grocery Store VIP Event Hall Event Venue Wings Avenue Chicken Wings Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lawrenceville
    County
    Gwinnett
    State
    Georgia
    Longitude
    -83.9853566
    Latitude
    33.9861112

    Nearby Similar for Lease

    • New
      $2,075 /Mo
      16,553 SF

      Charming Converted Office Space Available

      Versatile office space in a converted residential home.
      1835 Lawrenceville Hwy, Lawrenceville, GA 30044
      View Details
    • New
      $2,075 /Mo
      16,553 SF

      Charming Converted Office Space

      Versatile office space in a converted residential home.
      1835 Lawrenceville Hwy, Lawrenceville, GA 30044
      View Details
    • $2,300 /Mo
      21,344 SF

      Lawrenceville Office/Institutional Commercial Space

      Office, consulting, daycare, church, medical and more available.
      1292 Old Norcross Rd, Lawrenceville, GA 30043
      View Details
    • New
      $3,797 /Mo
      1,307 SF

      Lawrenceville Office Space For Rent

      2278 SF office space in Lawrenceville, GA available for rent.
      2775 Cruse Rd, Lawrenceville, GA 30044
      View Details
    • $1,700 /Mo
      2,400 SF

      Lawrenceville Commercial Office/Flex Space

      Versatile commercial suite suitable for office, retail, or service businesses.
      363 Swanson Dr, Lawrenceville, GA 30043
      View Details
    • $3,500 /Mo
      21,780 SF

      Lawrenceville Medical Office Space Available

      Medical office space in high-traffic area, convenient location.
      601 Old Norcross Rd, Lawrenceville, GA 30046
      View Details
    • $2,500 /Mo

      Renovated Townhome in Lawrenceville Community

      Fully renovated 3-bedroom, 2.5-bathroom townhome in Lawrenceville, ready for move-in.
      1514 Park Grove Dr, Lawrenceville, GA 30046
      View Details
    • $1,350 /Mo

      Lawrenceville Townhome Near Amenities

      Two-story townhome near dining, shops, and key employers.
      582 Downing St, Lawrenceville, GA 30046
      View Details
    • $1,500 /Mo
      1,040 SF

      Spacious Bottom-Floor Unit Available Now

      Well-maintained 3-bedroom, 2-bath unit with private patio and storage.
      1687 Cannonball Ct, Lawrenceville, GA 30044
      View Details
    • Contact for pricing
      9,200 SF

      Gwinnett Crossroads Retail Center

      Lawrenceville, GA Shopping Center - 4 Spaces Available
      1025 Old Peachtree Rd, Lawrenceville, GA 30043
      View Details
    • Contact for pricing
      50,540 SF

      Grayson Hwy Retail Center

      Prime Lawrenceville Retail Space Available
      250 Grayson Hwy, Lawrenceville, GA 30046
      View Details
    • $1,411 /Mo

      New Lawrenceville Apartments For Rent

      New one and two bedroom apartments in Lawrenceville, Georgia.
      2300 Margot St, Lawrenceville, GA 30043
      View Details

    FAQs

    What type of property is this?
    Retail space - 1,500 SF retail space with excellent frontage and visibility.
    Where is this retail space located?
    The property is located at 884 Buford Dr Lawrenceville, GA.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Excellent frontage and visibility on Buford Hwy; - 1,500 SF Suite 700 available; - Located just off Highway 29
    (404) 252-1200
    Request Owner's contact information
    884 Buford Dr Lawrenceville, GA 30043
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    884 Buford Dr
    Lawrenceville, GA 30043
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    884 Buford Dr Lawrenceville, GA 30043
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jared Touchstone
    (404) 252-1200
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.