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Property profile & analytics
OFF-MARKET Estimated value $865,000
Investment properties

4615 Stone Mtn Hwy Lilburn, GA 30047-4651

4,456 SF 2.06 ac lot Built 1982
Entity Owned
Property ID
US22-1401074
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully leased, 4,456 square foot, two-story retail building situated on a 2.06-acre waterfront lot in Lilburn, Georgia. The Class B property, built in 1938 and extensively renovated (1996, 2001, 2011, 2018), boasts three long-term tenants and a 100% occupancy rate, generating a strong 6.54% cap rate at an asking price of $1,075,000. The property features high visibility on Stone Mountain Highway (72,600 cars daily), offering unmatched exposure. Its prime location between Snellville and Stone Mountain, with proximity to Atlanta, makes it both a destination and impulse-buy location. The property includes three outdoor seating areas, taking advantage of spectacular lake views. The C-2 zoning permits a variety of uses. An assemblage opportunity exists with an adjacent 1.63-acre C-2 zoned parcel, offering potential for expansion. The current zoning allows for a restaurant, subject to Gwinnett County conditions. Shared driveway access is available, with a second driveway permitted off Matterhorn Drive. The seller prefers selling both parcels together. This stabilized, multi-tenant retail investment offers significant potential for future growth and value appreciation. The property's APN is 6063B212.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1982
Construction WOOD
Total area 4,456 SF
Lot 2.06 ac (89,734 SF)
Zoning code C2-GENERAL BUSINESS
APN 6-063B-212
UPID US22-1401074
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
  • Alcove Coffeehouse Cafe & Coffee Shop
  • Gwinnett School of Music - Lilburn Vocational School Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$835k
Comparable Approach Comparable
$909k
Blend (final) Blend
$865k
Owner & transaction history
Ez Lake LLC
Ez Lake LLC
since 2025
6 recorded transactions
2025
$450,000
2025
$375,000
2025
Price N/A
2016
Price N/A
1996
$250,000
1969
Price N/A
Zoning & alternative use
C2-GENERAL BUSINESS · Lilburn, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $1.4M +43.3%
Retail stores $1.2M +20.8%
Neighborhood: shopping center $1.2M +17.8%
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