851 Oak RdLawrenceville, GA 30044

  • Retail properties
  • 49,588 SF
For Lease

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
851 Oak Rd, Lawrenceville, Georgia

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

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
$71,554
$518,360
$1,687,640
$2,206,000
-
$1,295,900
$4,219,100
$5,515,000

FAQs

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