464 Pike St, Lawrenceville, GA 30046
This ±5.22-acre commercial land parcel presents a significant development opportunity in Lawrenceville, Georgia. Located on heavily trafficked West Pike Street (44,640 VPD), this property boasts approximately 200 feet of road frontage and is ideally situated less than one mile from the revitalized Downtown Lawrenceville area. The site is zoned BG (General Business), permitting a wide range of uses including retail, restaurants (with drive-thru capabilities), medical offices/clinics, convenience stores with fuel pumps, self-storage facilities, and assisted/independent living communities. The Future Land Use Plan designates this area for Community Mixed-Use, potentially opening doors to multifamily and mixed-use developments with appropriate rezoning. All utilities are conveniently located on-site. The property's prime location offers easy access to Highway 316, Piedmont Hospital Gwinnett, and a variety of established retailers such as Walmart, Target, Aldi, Zaxby's, and Chick-fil-A. The asking price for this exceptional development opportunity is $1,590,000. The APN is R5144-037. This property is situated at 464 W Pike St, Lawrenceville, GA 30046.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.