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    OFF-MARKET
    Land

    0 Stone Mountain Hwy, Lilburn, GA 30047

    2.02 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 2.02 ac (87,991 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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