4615 Stone Mtn Hwy Lilburn, GA 30047-4651
Property profile & analytics
4615 Stone Mtn Hwy Lilburn, GA 30047-4651
- Investment properties
- 4,456 SF
- 2.06 lot acres
Property ID
US22-1401074
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.
Location Intelligence
Current Use by Public Records
- Alcove Coffeehouse / Cafe & Coffee Shop
- Gwinnett School of Music - Lilburn / Vocational School / Training Center
Property Details for 4615 Stone Mtn Hwy
- Year built
- 1982
- Construction
- WOOD
- Lot size
- 2.06 lot acres
- Property size
- 4,456 SF
- Zone code
- C2-GENERAL BUSINESS
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 6-063B-212
- APU
- 6063B212
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $900,000
- 6.5%
- $835,000
- 7%
- $775,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $908,000
Market price range: $335k - $930k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $995,000 Current use
- MEDICAL BUILDING
- $1,425,000 Change: +43% Conversion: Easy
- RETAIL STORES
- $1,205,000 Change: +21% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $1,175,000 Change: +18% Conversion: Difficult
- OFFICE BUILDING
- $1,085,000 Change: +9% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lilburn
- County
- Gwinnett
- State
- Georgia
- Longitude
- -84.0906
- Latitude
- 33.832
- 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
$14,426
$151,480
$185,720
$337,200
-
$378,700
$464,300
$843,000
