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    3853 Lawrenceville Hwy Tucker, GA 30084
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    Property profile & analytics

    3853 Lawrenceville Hwy, Tucker, GA 30084

    View on Map
    • Strip malls
    • 45,807 SF
    • 4.65 lot acres
    For Lease
    $4,430,000
    View Listing →
    Tucker Retail Space For Lease For Lease
    $4,430,000
    8,450 SF

    Tucker Retail Space For Lease

    Retail space available at a signalized intersection in Tucker, GA.

    3853 Lawrenceville Hwy, Tucker, GA
    View Listing
    Property ID
    US22-0878328
    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

    • Holonex Holistic Healing / Physician / Alternative Medicine Practice
    • Mother Nature's Market / Specialty Food Shop
    • 502 AntojitosTucker / Restaurant
    • Kinsmith Finance / Loan Service
    • Tucker Beer, Wine & Spirits / (Bike/Boat/Book/etc) Store / Wine and Liquor Store

    Property Details for 3853 Lawrenceville Hwy

    Year built
    1977
    Construction
    WOOD FRAME
    Lot size
    4.65 lot acres
    Zone code
    X
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    18 212 06 009
    APU
    1821206009

    Description

    Brockett Square, located at 3853 Lawrenceville Highway in Tucker, Georgia (zip code 30084), offers a prime retail opportunity within a highly visible, anchored shopping center. This DeKalb County property boasts a total of 47,071 square feet, with 9,950 square feet currently vacant and available for lease. Multiple tenancy options are available, with spaces ranging from a minimum of 1,500 square feet to a maximum contiguous space of 8,450 square feet, providing flexibility for various business needs. The center provides ample parking with 250 spaces for customer convenience. Its strategic location on Lawrenceville Highway ensures high visibility and easy access for customers, placing it in close proximity to downtown Tucker. This presents a unique chance to establish or expand a business in a thriving commercial area. The property is classified as retail commercial space. Interested parties should inquire about available space and lease terms.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,079,000
      Market price range: $3.33M - $14.0M

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

    Location Insight

    • Map
    • Local Demand
    City
    Tucker
    County
    Dekalb
    State
    Georgia
    Longitude
    -84.2238
    Latitude
    33.8484
    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
    2024
    $74,286
    $62,400
    $1,497,600
    $1,560,000
    -
    $156,000
    $3,744,000
    $3,900,000

    Comparable in this City

    • Value Estimation
      $2,425,000
      21,143 SF

      4404 Hugh Howell Rd

      SHOPPING CENTER, STRIP CENTER
      4404 Hugh Howell Rd, Tucker, GA 30084-4916
      View Details
    • Value Estimation
      $4,245,000
      40,642 SF

      4398 Hugh Howell Rd

      SHOPPING CENTER, STRIP CENTER
      4398 Hugh Howell Rd, Tucker, GA 30084
      View Details
    • Value Estimation
      $1,170,000
      5,500 SF

      3984 Lawrenceville Hwy

      SHOPPING CENTER, STRIP CENTER
      3984 Lawrenceville Hwy, Tucker, GA 30084-4505
      View Details
    • Value Estimation
      $1,225,000
      11,652 SF

      1861 Mtn Industrial Blvd

      SHOPPING CENTER, STRIP CENTER
      1861 Mtn Industrial Blvd, Tucker, GA 30084-6630
      View Details
    • Value Estimation
      $960,000
      8,243 SF

      3976 Lawrenceville Hwy

      SHOPPING CENTER, STRIP CENTER
      3976 Lawrenceville Hwy, Tucker, GA 30084-4505
      View Details
    • Value Estimation
      $1,070,000
      7,389 SF

      3970 Lawrenceville Hwy

      SHOPPING CENTER, STRIP CENTER
      3970 Lawrenceville Hwy, Tucker, GA 30084-4505
      View Details

    Similar Nearby for Sale

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      Versatile Commercial Property in Tucker

      Prime commercial space with rental house in vibrant Tucker City.
      4297 Hugh Howell Rd, Tucker, GA 30084
      View Details
    • $2,800,000
      7,124 SF

      Prime Commercial Property in Tucker

      High-visibility commercial property with existing tenants and development potential.
      4281 Hugh Howell Rd, Tucker, GA 30084
      View Details
    • Contact for pricing

      Tucker Mixed-Use Redevelopment Opportunity

      Two-story brick building in Tucker Downtown District for sale.
      4121 Lawrenceville Hwy, Tucker, GA 30084
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    Similar Nearby for Lease

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      Northlake Power Center Retail Space

      Retail spaces available in a high-traffic power center.
      3983-4073 Lavista Rd, Tucker, GA 30084
      View Details
    • Contact for pricing
      8,450 SF

      Tucker Retail Space For Lease

      Retail space available at a signalized intersection in Tucker, GA.
      3853 Lawrenceville Hwy, Tucker, GA 30084
      View Details
    • Contact for pricing

      Freestanding Restaurant in Tucker Retail

      Freestanding restaurant with drive-thru in Tucker's retail corridor.
      4094 Lawrenceville Hwy, Tucker, GA 30084
      View Details
    • Contact for pricing

      Tucker Corner Lot For Lease

      0.97 acre corner lot in Tucker, Georgia for lease.
      Hugh Howell Rd, Tucker, GA 30084
      View Details
    • Contact for pricing

      Automotive Showroom and Service Facility

      Turn-key automotive showroom and service facility in Gwinnett County.
      6211 Lawrenceville Hwy, Tucker, GA 30084
      View Details
    • Contact for pricing

      Retail Space Near Lavista Road

      Retail space available near Lavista and Briarcliff Road intersection.
      3900 Lavista Rd, Tucker, GA 30084
      View Details
    View Listing
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    Tucker, GA 30084
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    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
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