870 Clayton StLawrenceville, GA 30046

Property Details for 870 Clayton St

Year built

2000

Lot size

0.49 AC

Property size (Sq ft)

5,879 SF

Zone code

BG-GENERAL BUSINESS

Property type

Retail properties

Property subtype

Gas stations

APN

5-176 -235

APU

5176235

Description

Exceptional investment opportunity: This Lawrenceville, GA property, located at 870 N Clayton Street, 30046, offers a combined warehouse and auto shop on a 0.49-acre lot. Built in 2000, the single-building facility is divided into two sections, each with its own office and restrooms. The first section features seven spacious bays, while the second section has five bays, currently leased month-to-month. Both sections boast freshly painted garages with epoxy floors and tiled offices and restrooms. The property is zoned BG (Business General) but is grandfathered for two automotive uses: general automotive repair and automotive detailing/clean-up. Existing licenses are in place, with new tenants needing to obtain their licenses within six months of the previous tenant's departure to maintain the grandfather clause. The property's strategic location near Highways 316 and 85 ensures high visibility and accessibility, making it an ideal investment for continued success in a high-traffic area. Asking price is $1,300,000.

• CAP approach

  CAP return

  Valuation

  6%

  $1,516,652

  6.5%

  $1,399,987

  7%

  $1,299,988

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,750,612

  Geo Method

  $1,750,612

• Alternative Use

  Use

  Valuation

  Residential

  $1,180,941

  Hospitality

  $1,081,736

  Educational

  $899,992

  Medical

  $930,944

  Retail

  $1,399,987

Location Insight

City

Lawrenceville

County

Gwinnett

State

Georgia

Latitude

33.9655

Longitude

-83.9871

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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