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Property profile & analytics
OFF-MARKET
Assisted living facilities

519 Lawrenceville St Norcross, GA 30071-3948

10,820 SF 0.82 ac lot Built 1987
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US22-4665118
Property summary
AI-generated overview

This exceptional 25-unit personal care home, situated on 0.82 acres in Norcross, Georgia, presents a compelling investment opportunity. The 10,820 square foot, two-story building, constructed in 1987 and extensively renovated in 2024, boasts 24 personal care units and one respite suite, each with a private bathroom. Currently, 19 of the 25 units are occupied. The property features an elevator, an activity room, a patient call system, and updated LED lighting throughout. Seventeen units have undergone recent renovations, and the roof has been recently replaced. Security measures include electronic gate locks and video cameras, making it suitable for memory care. Located at 519 Lawrenceville St NW, this property benefits from high visibility on Buford Highway, with a daily traffic count of 44,282 vehicles. Its convenient location offers easy access to major highways while maintaining a quiet, residential setting in Norcross, a historic city in Gwinnett County. The property is zoned O-I and has a Gwinnett County APN of R6255-093. The asking price is $5,650,000. Please note that the property is fully furnished. Do not disturb tenants or management.

Property profile
Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1987
Construction WOOD
Total area 10,820 SF
Lot 0.82 ac (35,719 SF)
Zoning code OI-OFFICE-INSTITUTIONAL
APN 6-255 -093
UPID US22-4665118
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
  • Enrich @ 519 - Senior Living Nursing Home Retirement Community
  • Teils Recreation Center Counselor
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
29sc Shekinah LLC · 7 yrs held
29sc Shekinah LLC
since 2019
6 recorded transactions
2019
Price N/A
2019
$2.0M
2012
$1.1M
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
OI-OFFICE-INSTITUTIONAL · Norcross, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Unified development ordinance
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