535 Indian Trail Lilburn RdLilburn, GA 30047

  • Commercial real estate
  • 28,130 SF
For Sale
$218,000 View listing

Property Details for 535 Indian Trail Lilburn Rd

Year built
1980
Lot size
3.70 AC
Property size (Sq ft)
28,130 SF
Zone code
M1-LIGHT INDUSTRY
Property type
Commercial real estate
APN
6-148 -042
APU
6148042

Description

This established pizzeria in Lilburn, GA, boasts impressive financials and high visibility. Located in a high-traffic Gwinnett County area, this 1,500 square foot restaurant generated $500,292.80 in gross sales in 2023, with a net profit of $109,959.35. Sales have consistently increased year-over-year, showing a $72,000 jump from 2022 to 2023. The property features a fully equipped kitchen with two full-size Bakers Pride ovens and a walk-in cooler. The low monthly rent of $1,850 (all inclusive) is significantly below market value, and the lease has several years remaining with a five-year renewal option. The business operates debt-free and benefits from a state-of-the-art POS system, excellent online reviews (4.7 Google, 4.5 Yelp, 5 stars on Slice), and a loyal customer base. The owner is relocating, presenting a unique opportunity to acquire a profitable, turnkey operation with significant growth potential. Adding beer and wine sales could further boost revenue. The asking price is $218,000, with owner financing available. This is a rare opportunity to own a thriving restaurant business in a prime location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $6,667,291
    Hospitality
    $6,107,203
    Educational
    $5,081,121
    Medical
    $5,255,868
    Retail
    $7,903,966

Location Insight

City
Lilburn
County
Gwinnett
State
Georgia
Latitude
33.8989
Longitude
-84.142
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
$39,770
$258,000
$735,600
$993,600
-
$645,000
$1,839,000
$2,484,000

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