190 STONE MOUNTAIN ST

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190 STONE MOUNTAIN ST

LAWRENCEVILLE, GA 30046-5662
Asking Price
$2.90M
Asset Type
Residential Mixed-use
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Mixed-use asset currently available for purchase in Lawrenceville
  • Site encompasses a total of 5.69 acres of land
  • Located near the Gwinnett Justice and Administration Center
  • Property features strong development potential for residential usage
  • Asking price for the parcel is set at 2,899,000 dollars

What's Special

This mixed-use asset at 190 Stone Mountain St in Lawrenceville, Georgia, is currently offered for sale. Spanning 5.69 acres, the property sits in close proximity to the Gwinnett Justice and Administration Center, positioning it well for investors or developers seeking to capitalize on a central location within a prominent suburban hub. Lawrenceville continues to serve as a significant anchor in the metro Atlanta region, benefiting from consistent economic activity and a growing population base. The scale of the site and its flexible classification allow for potential residential development or a combination of commercial uses tailored to the evolving needs of the local community. Buyers looking for strategic land holdings in this corridor will find the site offers significant development potential given its proximity to major government operations and established infrastructure. The property provides a platform for long-term value creation in one of the state's most recognizable counties.

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NOI
$80,000
Cap Rate
2.76%
DSCR
0.46
Underwater
Cash-on-Cash
-10.59%
Monthly Payment
$14,342.67
Annual Cash Flow
$-92,112.043

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