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Property profile & analytics
OFF-MARKET Estimated value $520,000
Turn key restaurants

335 Pike St Lawrenceville, GA 30046-3212

2,856 SF 0.5 ac lot Built 1982
Entity Owned 5-yr Hold Free & Clear
Property ID
US22-4356255
Property summary
AI-generated overview

This exceptional 1.51-acre commercial land parcel presents a unique investment opportunity in the heart of Downtown Lawrenceville, Georgia. Located at 335 W Pike St, 30046, this property boasts a highly desirable COM zoning designation, allowing for a wide range of commercial development possibilities. The expansive lot offers 423 feet of road frontage, providing excellent visibility and accessibility. All three lots are being sold together as a single unit, presenting a cohesive and sizable development opportunity. Existing sewer infrastructure is already in place, simplifying the development process and reducing upfront costs. This prime location is situated in one of Georgia's fastest-growing areas, surrounded by a vibrant mix of dining, shopping, and entertainment options. The property's proximity to Gwinnett Hospital further enhances its appeal. While there are no existing buildings on the property, and any existing structures have no value, this presents a blank canvas for a new commercial venture. This is an exceptional opportunity to capitalize on the thriving Lawrenceville market and create a significant return on investment. The asking price for this exceptional property is $1,600,000.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1982
Construction WOOD
Total area 2,856 SF
Lot 0.5 ac (21,780 SF)
Zoning code BG-GENERAL BUSINESS
APN 5-146E-002
UPID US22-4356255
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
AI Approach AI
$540k
CAP Approach CAP
by Request
Comparable Approach Comparable
$525k
Blend (final) Blend
$520k
Owner & transaction history
Danhc Properties LLC · 5 yrs held
Danhc Properties LLC
since 2020
Last sale
$510,000
5 recorded transactions
2020
$510,000
2013
Price N/A
2013
$110,000
2008
$640,000
2008
$640,000
Zoning & alternative use
BG-GENERAL BUSINESS · Lawrenceville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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