519 Lawrenceville St Norcross, GA 30071-3948
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.
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Enrich @ 519 - Senior Living Nursing Home Retirement Community
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Teils Recreation Center Counselor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
OI-OFFICE-INSTITUTIONAL · Norcross, GACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.