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Property profile & analytics
FOR LEASE
High-rise multifamily apartments
1045 Old Peachtree Rd NW 4115 Suwanee, GA 30024
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US22-0000540
For Lease
1 / 25
$1,972/Mo
1045 Old Peachtree Rd NW,Unit 4115, Suwanee, GA 30024
View Listing →
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
2019
Construction
WOOD
Total area
86,002 SF
Lot
14.9 ac (649,044 SF)
Zoning code
MUR-OVERLAY DISTRICT
APN
7-124 -110
UPID
US22-0000540
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
The Heights at Old Peachtree Apartment Building
-
Ten45 Suwanee Apartments Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$76.33M
Blend (final)
Blend
$55.69M
Owner & transaction history
Wop Ten45 Suwanee LLC · 5 yrs held
Wop Ten45 Suwanee LLC
since 2021
Last sale
$76.4M
2 recorded transactions
Zoning & alternative use
MUR-OVERLAY DISTRICT · Suwanee, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$51.3M
+29.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Suwanee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Suwanee submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$39,580,000
Current use
RESTAURANT
$51,315,000
Change: +30% · Conversion: Difficult
AUTO REPAIR, GARAGE
$38,430,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$55.69M
Range $50.12M – $61.26M · ±10% · vs last sale $76.35M (Mar 5 2021)
Last sale anchor
$76.35M
Mar 5 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$648 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$968,437
Tax year 2023
Assessed value
$27,200,000
Assessed 2023
Previous assessed
$27,200,000
+0.0% YoY
Effective rate
3.56%
On assessed value
Assessed land
$2,611,840
Assessed improvement
$24,588,160
Land market value
$6,529,600
Improvement market value
$61,470,400
Total market value
$68,000,000
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
For Lease
Year built
2019
Construction
WOOD
Heating
NONE
Cooling
NONE
Buildings
5
Stories
3
Total area
86,002 SF
Lot
14.9 ac (649,044 SF)
Zoning code
MUR-OVERLAY DISTRICT
APN
7-124 -110
UPID
US22-0000540
Jurisdiction
GWINNETT
Zoning & alternative use
MUR-OVERLAY DISTRICT · Suwanee, GA
Zoning MUR-OVERLAY DISTRICT · permitted uses
MUR-OVERLAY DISTRICT · Suwanee, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Suwanee. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$39.6M
RESTAURANT
Est. value
$51.3M
AUTO REPAIR, GARAGE
Est. value
$38.4M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2019
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
3
Buildings
5
Lot
14.9 ac
Current owner
From public records · entity-resolved
Wop Ten45 Suwanee LLC
Entity
Mailing address
PO BOX 694, NEW ALBANY, OH 43054-0694
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 15, 2021
—
Wop Ten45 Suwanee LLC
—
Deed
related
$49,056,000 · Berkeley Point Capital
Mar 5, 2021
$76,350,000
Wop Ten45 Suwanee LLC
Worthing Gwinnett Crossing LP
Limited Warranty Deed
$49,056,000 · Berkeley Point Capital
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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