578 Braselton HwyLawrenceville, GA 30043

  • Mixed-use properties
  • 2,086 SF
For Sale
$675,000 View listing

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
Mixed-use properties
Property subtype
Other investment properties
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
578 Braselton Hwy, Lawrenceville, Georgia

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,967
$49,520
$82,480
$132,000
-
$123,800
$206,200
$330,000

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