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Property profile & analytics
OFF-MARKET Estimated value $665,000
Turn key restaurants

1319 Scenic Hwy Lawrenceville, GA 30045-6360

5,496 SF 2.65 ac lot Built 2006
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US22-1203555
Property summary
AI-generated overview

This exceptional 7.68-acre commercial lot presents a remarkable opportunity for developers seeking a prime location in Gwinnett County, Georgia. Situated between Lawrenceville and Snellville, this property enjoys a highly visible position at the intersection of Scenic Highway and Webb Gin House Road, benefiting from significant traffic volume—42,900 vehicles daily on Scenic Highway, according to the Georgia Department of Transportation. The parcel is zoned O&I (Office & Institutional) within unincorporated Gwinnett County, offering a diverse range of permitted uses. These include general office space, medical offices, auto dealerships, banking facilities, houses of worship, and educational institutions. The expansive acreage provides ample space for a variety of development projects, allowing for significant flexibility in design and construction. This ready-to-develop site is ideal for entrepreneurs and investors looking to capitalize on the strong growth and high demand in this thriving area. The property's strategic location and versatile zoning make it an attractive investment with substantial potential for long-term returns. Bring your vision and architect to transform this exceptional land into a successful commercial venture. The property is priced at $1,400,000.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2006
Construction WOOD
Total area 5,496 SF
Lot 2.65 ac (115,434 SF)
Zoning code C2-GENERAL BUSINESS
APN 5-074 -355
UPID US22-1203555
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
Current use
Occupant on record · Public records
  • Poblano's Mexican Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$565k
CAP Approach CAP
by Request
Comparable Approach Comparable
$767k
Blend (final) Blend
$665k
Owner & transaction history
Jimmy Carter Blvd Properties LLC · 4 yrs held
Jimmy Carter Blvd Properties LLC
since 2021
6 recorded transactions
2021
$250,000
2018
Price N/A
2018
Price N/A
2016
Price N/A
2009
$70,000
1969
Price N/A
Zoning & alternative use
C2-GENERAL BUSINESS · Lawrenceville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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