578 Braselton HwyLawrenceville, GA 30043

Property Details for 578 Braselton Hwy

Year built

1954

Construction

WOOD

Lot size

0.43 AC

Property size (Sq ft)

2,086 SF

Zone code

C2-GENERAL BUSINESS

Property type

Investment properties

Property subtype

Live-work space

APN

7-028A-127

APU

7028A127

Description

This exceptional commercial property, located at 578 Braselton Highway, Lawrenceville, GA, presents a fantastic opportunity for business owners seeking high visibility and significant road frontage. The 0.43-acre lot boasts an impressive 95+ feet of frontage on Braselton Highway (Highway 124) and an additional 183+ feet on Allen Drive, ensuring maximum exposure to a consistently busy area. Its strategic location offers easy access to major thoroughfares like Highways 20 and 316, providing convenient access for customers and employees. Currently configured as a tattoo studio and hair salon, this versatile space is zoned C-2, allowing for a wide range of commercial uses. The property's substantial road frontage and high-traffic location make it ideal for businesses seeking maximum visibility and accessibility. This is a rare opportunity to acquire a well-positioned commercial lot in a thriving area of Lawrenceville. The property is priced at $675,000 and offers significant potential for growth and return on investment. Serious inquiries are encouraged to explore the possibilities this prime location offers. The square footage of the existing building is not currently available.

• CAP approach

  CAP return

  Valuation

  6%

  $366,083

  6.5%

  $337,923

  7%

  $313,785

• Comparable approach

  Method

  Valuation

  Relative Method

  $248,225

  Geo Method

  $248,225

• Alternative Use

  Use

  Valuation

  Residential

  $419,024

  Hospitality

  $383,824

  Educational

  $319,337

  Medical

  $330,320

  Retail

  $496,746

Location Insight

City

Lawrenceville

County

Gwinnett

State

Georgia

Latitude

33.992

Longitude

-83.9818

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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