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Property profile & analytics
OFF-MARKET
Commercial real estate

505 Scenic Hwy Lawrenceville, GA 30045

0.64 ac lot
Property ID
US22-1311757
Property summary
AI-generated overview

This exceptional 0.64-acre commercial and residential land parcel presents a compelling investment opportunity in Lawrenceville, Georgia. Located at 505 Scenic Highway South, this fee-simple property boasts a highly desirable location on Scenic Highway (Highway 124), a major thoroughfare experiencing high traffic volume. Its strategic position sits just south of Gwinnett Drive and north of Moon Road, ensuring excellent visibility and accessibility. The property's APN is R5116 075, and its permitted zoning is residential, offering flexibility for various development plans. The asking price is $225,000. This prime location makes it ideal for a range of commercial ventures or residential development, capitalizing on the area's growth and strong traffic patterns. The property's 0.64 acres provide ample space for building and development. Serious inquiries are encouraged to explore the potential of this exceptional land parcel. The zip code is 30045, and the property is situated in Gwinnett County.

Property profile
Verified
Property type Commercial real estate
Lot 0.64 ac (27,878 SF)
APN R5116 075
UPID US22-1311757
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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