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Property profile & analytics
OFF-MARKET
Gas stations

665 Grayson Hwy Lawrenceville, GA 30046-6333

2,304 SF 1 ac lot Built 1978
Individually Owned 20-yr Hold Free & Clear
Property ID
US22-1331156
Property summary
AI-generated overview

This 2,500 sq ft auto shop in Lawrenceville, GA, is situated on a 1.2-acre lot and offers significant redevelopment potential. Currently vacant, the property is zoned BG, allowing for a wide array of uses including retail, service businesses, and even self-storage (with a special use permit). The existing building features a three-bay mechanics garage, and city permits for auto repair are available, though a business license must be secured within six months of purchase. The property boasts high visibility and traffic counts, making it an attractive investment opportunity in a rapidly growing area. Utilities include a sewer line running across the rear of the property. While ideal for redevelopment, the property is not zoned for auto sales. Asking price is $900,000 ($370/sq ft). This is a 1031 exchange opportunity. The property's strategic location and flexible zoning make it perfect for investors or developers seeking to capitalize on Lawrenceville's growth.

Property profile
Verified
Property type Gas stations
Use group SERVICE STATION (FULL SERVICE)
Year built 1978
Construction WOOD
Total area 2,304 SF
Lot 1 ac (43,560 SF)
Zoning code BG-GENERAL BUSINESS
APN 5-140 -347
UPID US22-1331156
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
  • Classic Imports Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Carlos W Mundin · 20 yrs held
Carlos W Mundin
since 2005
2 recorded transactions
2005
Price N/A
2005
$280,000
Zoning & alternative use
BG-GENERAL BUSINESS · Lawrenceville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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