851 Oak RdLawrenceville, GA 30044
- Retail properties
- 49,588 SF
Property Details for 851 Oak Rd
- Year built
- 1983
- Lot size
- 5.95 AC
- Property size (Sq ft)
- 49,588 SF
- Zone code
- C2-GENERAL BUSINESS
- Property type
- Retail properties
- Property subtype
- Strip malls
- APN
- 6-106 -364
- APU
- 6106364
Description
River Oak Plaza, located at 851 Oak Rd in Lawrenceville, Georgia (zip code 30044), offers exceptional retail space in a thriving Gwinnett County location. This multi-tenant commercial property boasts a total of 49,591 square feet, with 3,645 square feet currently vacant and available for lease. The property is situated within the Lawrenceville submarket, benefiting from its high-traffic location and limited nearby competition. Individual spaces range from a minimum of 1,204 square feet to a maximum contiguous space of 2,441 square feet, providing flexibility for various business needs. The center is anchored by a Dollar Tree/Family Dollar combo store, ensuring a steady flow of customers. This prime retail opportunity is ideal for businesses seeking high visibility and strong foot traffic in a well-established commercial area. The property's address is easily accessible, making it convenient for both customers and employees. This is a unique chance to establish or expand your business in a dynamic and successful retail environment. Contact us today to learn more about leasing opportunities at River Oak Plaza.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $12,792,610
- 6.5%
- $11,808,563
- 7%
- $10,965,095
-
Comparable approach
- Method
- Valuation
- Relative Method
- $13,819,883
- Geo Method
- $13,819,883
-
Alternative Use
- Use
- Valuation
- Residential
- $9,960,965
- Hospitality
- $9,124,190
- Educational
- $7,591,220
- Medical
- $7,852,293
- Retail
- $11,808,563
Location Insight
- City
- Lawrenceville
- County
- Gwinnett
- State
- Georgia
- Latitude
- 33.8883
- Longitude
- -84.0625
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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