Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    325 Scenic Hwy Lawrenceville, GA 30046
    Back to Search
    Property profile & analytics

    325 Scenic Hwy, Lawrenceville, GA 30046

    View on Map
    • Commercial real estate
    • 0.54 lot acres
    Off-Market
    Property ID
    US22-1390705
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 325 Scenic Hwy

    Year built
    1973
    Lot size
    0.54 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 0.54-acre property at 325 Scenic Highway in Lawrenceville, Georgia, presents a unique investment opportunity. Built in 1973, the single building offers significant potential for a variety of professional uses. Currently zoned residential, the property is ideally suited for conversion to office space, offering a compelling blend of existing structure and expansion possibilities. The asking price is $575,000. The property boasts a large, bright basement, perfect for expansion, storage, or a combination of both. A sizable garage provides additional space that could easily be converted into further office areas. Ample rear parking is available. Its location in a high-traffic area of Lawrenceville ensures high visibility and accessibility. The property's proximity to the Gwinnett County Courthouse, less than two miles away, adds to its strategic appeal. The total square footage includes the basement area. This is a rare chance to acquire a versatile property with significant upside in a desirable location. The property's current zoning and potential for conversion offer a unique opportunity for a savvy investor or business owner seeking a prominent presence in Lawrenceville.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lawrenceville
    County
    Gwinnett - GA
    State
    Georgia
    Longitude
    -83.9937925
    Latitude
    33.9384661

    Comparable in this City

    • $449,900
      0.65 Acres

      Lawrenceville Vacant Lot For Sale

      0.65-acre vacant lot near Gwinnett Justice & Admin. Ctr.
      101 Langley Dr, Lawrenceville, GA 30046
      View Details
    • $189,000
      0.96 Acres

      Lawrenceville Commercial Land For Sale

      Approximately 1 acre commercial lot with road frontage.
      1330 Lawrenceville Hwy, Lawrenceville, GA 30046
      View Details
    • $500,000
      0.32 Acres

      Income-Producing Multifamily Property

      Income-producing multifamily property near Hwy 316 and downtown Lawrenceville.
      501 Timber Ridge Ct, Lawrenceville, GA 30046
      View Details
    • $2,200,000

      Prime Corner Parcel in Lawrenceville

      5-acre corner parcel ideal for commercial development in Lawrenceville.
      1144/1200 Grayson Hwy, Lawrenceville, GA 30046
      View Details
    • $816,725

      Prime Commercial Property Near Downtown

      Commercial property with high visibility, minutes from downtown Lawrenceville.
      5 Hurricane Shoals Rd NE, Lawrenceville, GA 30046
      View Details
    • $1,399,000

      Commercial Land on Winder Highway

      3.75+/- acre commercial land with high traffic and utilities.
      683 Winder Hwy, Lawrenceville, GA 30046
      View Details

    Similar Nearby for Sale

    • $449,900
      0.65 Acres

      Lawrenceville Vacant Lot For Sale

      0.65-acre vacant lot near Gwinnett Justice & Admin. Ctr.
      101 Langley Dr, Lawrenceville, GA 30046
      View Details
    • $189,000
      0.96 Acres

      Lawrenceville Commercial Land For Sale

      Approximately 1 acre commercial lot with road frontage.
      1330 Lawrenceville Hwy, Lawrenceville, GA 30046
      View Details
    • $500,000
      0.32 Acres

      Income-Producing Multifamily Property

      Income-producing multifamily property near Hwy 316 and downtown Lawrenceville.
      501 Timber Ridge Ct, Lawrenceville, GA 30046
      View Details
    • $2,200,000

      Prime Corner Parcel in Lawrenceville

      5-acre corner parcel ideal for commercial development in Lawrenceville.
      1144/1200 Grayson Hwy, Lawrenceville, GA 30046
      View Details
    • $816,725

      Prime Commercial Property Near Downtown

      Commercial property with high visibility, minutes from downtown Lawrenceville.
      5 Hurricane Shoals Rd NE, Lawrenceville, GA 30046
      View Details
    • $1,399,000

      Commercial Land on Winder Highway

      3.75+/- acre commercial land with high traffic and utilities.
      683 Winder Hwy, Lawrenceville, GA 30046
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Lawrenceville Industrial Asset For Rent

      Industrial space available in Gwinnett County's industrial corridor.
      154 Industrial Park Cir, Lawrenceville, GA 30046
      View Details
    • Contact for pricing

      Prime Location Mixed-Use Space

      Located in a dense area near shops and restaurants.
      134 S Clayton St, Lawrenceville, GA 30046
      View Details
    • Contact for pricing

      Retail, Office, Restaurant Space Available

      Located on Duluth Hwy, suitable for retail, office, or restaurant.
      575 W Pike St, Lawrenceville, GA 30046
      View Details
    • Contact for pricing
      228,560 SF

      Lawrenceville Industrial Facility with Showroom

      228,560 SF industrial space with showroom/office and auxiliary building.
      362 Industrial Park Dr Northeast, Lawrenceville, GA 30046
      View Details
    • $1,850 /Mo
      14,375 SF

      Professional Space in Langley Commons

      Well-designed 1,350 SqFt office space in Lawrenceville.
      175 Langley Dr, Lawrenceville, GA 30046
      View Details
    • Contact for pricing

      Lawrenceville Warehouse with Modern Amenities

      Industrial warehouse with modern amenities and 24-hour access.
      478 Northdale Rd, 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.
    325 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 Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    325 Scenic Hwy, Lawrenceville, GA, 30046
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!