0 Stone Mountain Hwy, Lilburn, GA 30047
This exceptional 2.02-acre commercial land parcel in Lilburn, GA, presents a unique investment opportunity. Located on Lake Lucerne and Stone Mountain Highway (Hwy 78), at the corner of Matterhorn Drive, this high-visibility site boasts 79,502 cars passing daily. The property benefits from two ingress/egress points, shared access with neighboring businesses, and is situated within the Evermore Community Improvement District, a developing destination corridor. Zoned C-2, the land is ideally suited for a waterfront restaurant, bar, or event facility (drive-ins prohibited per zoning). All utilities, sewer, curbs, and sidewalks are already in place. The property's proximity to major attractions enhances its appeal: it's near Yellow River Game Ranch, a new Amazon fulfillment center (creating 1000 jobs), Stone Mountain Park (Georgia's top tourist destination with 5 million annual visitors), and Snellville. While the total acreage is 2.02 acres, 1.63 acres are usable. A restaurant site plan is available. The asking price is $585,000, translating to $309,405 per acre. APN: R6063B008 & R6063B008D. This is a chance to capitalize on a stunning natural setting with spectacular lake views, attracting customers with its unique waterfront location.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.