899 Grayson Hwy Lawrenceville, GA 30046-6399
- Investment properties
- 1,581 SF
- 0.39 lot acres
Current Use by Public Records
- Investment properties
Property Details for 899 Grayson Hwy
- Year built
- 1990
- Construction
- WOOD
- Lot size
- 0.39 lot acres
- Property size
- 1,581 SF
- Zone code
- BG-GENERAL BUSINESS
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 5-140 -180
- APU
- 5140180
Description
This exceptional mixed-use building, located at 899 Grayson Hwy in Lawrenceville, Georgia, presents a compelling investment opportunity. The property, zoned for General Business, offers a total of 1,581 square feet and is currently vacant, allowing for immediate customization and occupancy. The asking price is $390,000, translating to a price per square foot of $246.68. The building's versatile layout includes space suitable for a doctor's office and a car lot, providing flexibility for a variety of commercial uses. A significant advantage is the inclusion of approximately 500 square feet of dedicated storage space. Ample parking is available both in front and behind the building, ensuring convenient access and egress directly onto Grayson Highway. This prime commercial location in Lawrenceville offers easy access to public transportation, making it an attractive proposition for businesses and investors alike. The property's strategic positioning and versatile design make it an ideal choice for entrepreneurs seeking a high-visibility location with significant growth potential. The vacant status allows for immediate development and customization to suit specific business needs. This is a rare opportunity to acquire a well-situated mixed-use property in a thriving Georgia market. The zip code is 30045, and the property is situated in Gwinnett County.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $205,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $210,000
- 6.5%
- $245,000
- 7%
- $240,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $245,000
- Geo Method
- $205,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $225,000
- Retail
- $200,000
- Mixed-Use
- $250,000
- Hospitality
- $205,000
- Educational
- $245,000
- Residential Income
- $245,000
- Energy
- $190,000
- Income-Based Land
- $245,000
- Food Service
- $240,000
Location Insight
- Map
- Local Demand
- City
- Lawrenceville
- County
- Gwinnett
- State
- Georgia
- Longitude
- -83.9753
- Latitude
- 33.9273
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA