Property profile

0 Stone Mountain Hwy Lilburn, GA 30047

OFF-MARKET
Land
2.02 ac lot
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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

Location

Stone Mountain Hwy Lilburn, GA 30047
Lilburn metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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