Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    157 Scenic Hwy Lawrenceville, GA 30046

    • Investment properties
    • 476 SF
    • 0.79 lot acres
    For Sale
    View listing
    $1,000,000
    Value Estimation
    Last Sale
    Sep 25, 2023
    $190,000
    Location Intelligence
    Property ID
    US22-1167700
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 157 Scenic Hwy

    Year built
    1973
    Construction
    WOOD
    Lot size
    0.79 lot acres
    Property size
    476 SF
    Zone code
    BG-GENERAL BUSINESS
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    5-142 -050
    APU
    5142050

    Description

    This exceptional business opportunity presents a highly desirable car dealership located at 157 Scenic Highway in Lawrenceville, Georgia, within Gwinnett County. The property boasts a prime corner lot position ensuring excellent visibility and accessibility, situated at a busy intersection guaranteeing high traffic volume. The 0.79-acre lot offers ample space, including approximately 110 parking spaces, to comfortably accommodate customers and inventory. A significant advantage is the existing grandfathered-in dealer's license, streamlining the transition for a new owner. The property is ready for immediate occupancy upon closing, eliminating any delays in commencing operations. This turnkey business is poised for immediate success, offering a rare opportunity to acquire an established dealership in a prime location with significant growth potential. The property's strategic location and existing infrastructure make it an ideal investment for an experienced car dealer looking to expand or establish a new presence in a thriving market. The seller is prepared to transfer ownership promptly upon the successful completion of escrow.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $195,000

    • CAP approach

      CAP return
      Estimation
      6%
      $215,000
      6.5%
      $215,000
      7%
      $225,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $240,000
      Geo Method
      $205,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $230,000
      Retail
      $185,000
      Mixed-Use
      $190,000
      Hospitality
      $215,000
      Educational
      $200,000
      Residential Income
      $235,000
      Energy
      $215,000
      Income-Based Land
      $225,000
      Food Service
      $195,000

    Location Insight

    • Map
    • Local Demand
    City
    Lawrenceville
    County
    Gwinnett
    State
    Georgia
    Longitude
    -83.9884
    Latitude
    33.9445
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,458
    $101,880
    $37,000
    $138,880
    -
    $254,700
    $92,500
    $347,200

    Comparable in this City

    • Value Estimation
      $540,000
      1,933 SF

      405 Scenic Hwy

      OFFICE/RESIDENTIAL (MIXED USE) • 1,933 SF
      405 Scenic Hwy, Lawrenceville, GA 30046-5613
      View Details
    • Value Estimation
      $290,000
      2,259 SF

      154 Stone Mtn St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,259 SF
      154 Stone Mtn St, Lawrenceville, GA 30046-5662
      View Details
    • Value Estimation by Request
      2,208 SF

      330 Culver St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,208 SF
      330 Culver St, Lawrenceville, GA 30046-4852
      View Details
    • Value Estimation
      $710,000
      1,466 SF

      989 Lawrenceville Hwy

      OFFICE/RESIDENTIAL (MIXED USE) • 1,466 SF
      989 Lawrenceville Hwy, Lawrenceville, GA 30046-4702
      View Details
    • Value Estimation by Request
      1,362 SF

      131 Hurricane Shls NE Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,362 SF
      131 Hurricane Shls NE Rd, Lawrenceville, GA 30046-4459
      View Details
    • Value Estimation by Request
      2,599 SF

      284 Hurricane Shls Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,599 SF
      284 Hurricane Shls Rd, Lawrenceville, GA 30046-4421
      View Details

    Similar Nearby for Sale

    • $650,000
      0.95 Acres

      Prime Lawrenceville Commercial Lot

      .95-acre lot, double road frontage, high traffic area.
      317 Phillips St, Lawrenceville, GA 30046
      View Details
    • $520,000
      0.32 Acres

      Lawrenceville Duplex Investment Opportunity

      Income-producing duplex near Hwy 316 and downtown Lawrenceville.
      501 Timber Ridge Ct, Lawrenceville, GA 30046
      View Details
    • $365,000
      0.20 Acres

      Downtown Lawrenceville Mixed-Use Gem

      High-visibility, dual-zoned property, ideal for business.
      888 Clayton St, Lawrenceville, GA 30046
      View Details
    • $449,900
      0.65 Acres

      Prime Lawrenceville Commercial Land

      0.65-acre lot, high traffic area
      101 Langley Dr, Lawrenceville, GA 30046
      View Details
    • $1,080,000
      4,465 SF

      Prime Lawrenceville Office Building

      Downtown location, high visibility, 4,465 sq ft
      245 Crogan St, Lawrenceville, GA 30046
      View Details
    • $410,000
      0.36 Acres

      Lawrenceville Duplex in Prime Location

      All-brick duplex near Shoppes at Webb Gin. Income potential!
      792 Charleston Ct, Lawrenceville, GA 30046
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      10,419 SF

      Lawrenceville Retail Space Available

      Retail property available for lease in Lawrenceville, Georgia.
      589 W Pike St, Lawrenceville, GA 30046
      View Details
    • Contact for pricing

      Prime Pad Sites in Lawrenceville

      Shop space and pad site opportunity near GA-316 interchange.
      675 Buford Dr, Lawrenceville, GA 30046
      View Details
    • $17 SF/Yr
      3,600 SF

      Lawrenceville Hwy Retail Spaces

      High-traffic retail spaces available.
      1154 Lawrenceville Hwy, Lawrenceville, GA 30046
      View Details
    • Contact for pricing

      Kohl's Pad Site For Lease

      Prominent 1.45 acre outparcel adjacent to Walmart.
      640 Collins Hill Rd, Lawrenceville, GA 30046
      View Details
    • $192 SF/Yr
      145,000 SF

      Lawrenceville Square: Class A Office Space

      Prime Gwinnett County location, medical & creative office suites.
      134 Clayton St, Lawrenceville, GA 30046
      View Details
    • $16 SF/Yr
      17,000 SF

      390 Pike St

      Distribution properties • 17,000 SF
      390 Pike St, Lawrenceville, GA 30046
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    157 Scenic Hwy
    Lawrenceville, GA 30046
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.