754 Beaver Ruin RdLilburn, GA 30047

  • Retail properties
  • 12,816 SF
For Sale
$5,200,000 View listing

Property Details for 754 Beaver Ruin Rd

Year built
1983
Lot size
1.50 AC
Property size (Sq ft)
12,816 SF
Zone code
C2-GENERAL BUSINESS
Property type
Retail properties
Property subtype
Other individual retail properties
APN
6-158 -116
APU
6158116

Description

This exceptional investment opportunity presents a 4.36-acre, Class B shopping center located at 754 Beaver Ruin Rd, Lilburn, Georgia, 30047. The property boasts approximately 40,000 square feet of space distributed across two, two-story buildings. Built in 1983 and renovated in 2015, the center currently enjoys 100% occupancy, with two tenants. One tenant, a skate center, has a lease expiring April 2024, with a potential buyout option. The second tenant, currently owner-occupied, will vacate at any time. The property features a desirable corner lot with 657 feet of frontage on Beaver Ruin Road, offering excellent visibility and accessibility. Zoned C1, this property presents significant redevelopment potential. The asking price is $5,200,000. Leases are NNN, with rent bumps included. The property benefits from a prime location near I-85, Pleasant Hill Road, and Highway 29, ensuring high traffic volume and convenient access. This is an ideal opportunity for owner-users or investors seeking a strong return in a rapidly developing area. The property's current occupancy provides immediate cash flow, while the potential for redevelopment offers long-term growth prospects. The existing leases provide a stable income stream until redevelopment plans are implemented.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,481,295
    6.5%
    $3,213,504
    7%
    $2,983,968
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,982,348
    Geo Method
    $1,982,348
  • Alternative Use

    Use
    Valuation
    Residential
    $2,710,710
    Hospitality
    $2,482,996
    Educational
    $2,065,824
    Medical
    $2,136,870
    Retail
    $3,213,504
754 Beaver Ruin Rd, Lilburn, Georgia

Location Insight

City
Lilburn
County
Gwinnett
State
Georgia
Latitude
33.912
Longitude
-84.1311
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
$29,307
$150,000
$649,400
$799,400
-
$375,000
$1,623,500
$1,998,500

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