4158 Stone Mtn Hwy Lilburn, GA 30047-3338
- Commercial real estate
- 7,104 SF
- 1.24 lot acres
Current Use by Public Records
- Nicola Mitchell-Harvey / Nurse Practitioner
- Atlanta Plus Primary & Urgent Care Lilburn / Urgent Care Center / Family Practice Physician
- Makkah International Institute / Education Center
Property Details for 4158 Stone Mtn Hwy
- Year built
- 1987
- Construction
- WOOD
- Lot size
- 1.24 lot acres
- Property size
- 7,104 SF
- Zone code
- C2-GENERAL BUSINESS
- Property type
- Commercial real estate
- APN
- 6-054 -254
- APU
- 6054254
Description
This 7,104 square foot Class A medical office building, located at 4158 Stone Mountain Hwy in Lilburn, GA 30047, is available for $1,590,000. Built in 1987 and extensively renovated in 2020 (over $550,000 in improvements), the property features a new roof (2016), new HVAC (2021), and a restriped parking lot (2021). The single-story building sits on a 1.24-acre lot and offers 17 parking spaces plus 2 handicap spaces, providing ample parking at a ratio of 19 spaces per 1,000 square feet. Currently vacant, the property is zoned C2 and boasts excellent visibility and access from Stone Mountain Highway (59,000+ vehicles per day). Its convenient location is only 5.2 miles from Piedmont Eastside Medical Center (310 beds) and is directly across from a Home Depot shopping center, with other nearby retailers including PetSmart, Chase Bank, and Chili's. The property offers a pro-forma cap rate of 9.38% and a pro-forma NOI of $149,184. Seller financing is available. This presents a compelling value-add opportunity for owner-users or investors, given the low vacancy rates in the surrounding medical office market. The property is offered well below replacement cost. The building has two units, each with one bedroom. The asking price per unit is $795,000. This fee-simple ownership opportunity is a strong investment in a growing area.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $655,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lilburn
- County
- Gwinnett
- State
- Georgia
- Longitude
- -84.0733
- Latitude
- 33.8349
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA