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Property profile & analytics
OFF-MARKET
Estimated value
$6,115,000
Garden apartment buildings
11130 Medlock Brg Rd Duluth, GA 30097-8500
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US22-1279462
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2006
Construction
WOOD
Total area
43,027 SF
Lot
8.96 ac (390,298 SF)
Zoning code
MIXU
APN
11 100003590341
UPID
US22-1279462
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.13M
Blend (final)
Blend
$6.12M
Owner & transaction history
Lipt Johns Creek Commons LLC · 8 yrs held
Lipt Johns Creek Commons LLC
since 2017
3 recorded transactions
Zoning & alternative use
MIXU · Duluth, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Duluth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Duluth 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
Blend value · Realmo final
$6.12M
Range $5.50M – $6.73M · ±10%
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
$142 / 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
$527,959
Tax year 2023
Assessed value
$18,704,720
Assessed 2023
Previous assessed
$18,704,720
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$2,940,000
Assessed improvement
$15,764,720
Land market value
$7,350,000
Improvement market value
$39,411,800
Total market value
$46,761,800
Applied tax rate
57.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
2006
Construction
WOOD
Heating
NONE
Buildings
6
Stories
1
Units
32
Total area
43,027 SF
Lot
8.96 ac (390,298 SF)
Zoning code
MIXU
APN
11 100003590341
UPID
US22-1279462
Jurisdiction
FULTON
Zoning & alternative use
MIXU · Duluth, GA
Zoning MIXU · permitted uses
MIXU · Duluth, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Duluth. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Construction
WOOD
Heating
NONE
Stories
1
Buildings
6
Units
32
Lot
8.96 ac
Current owner
From public records · entity-resolved
Lipt Johns Creek Commons LLC
Entity
Mailing address
330 MADISON AVE FL, NEW YORK, NY 10017-5001
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 26, 2024
—
Jllx Johns Creek LLC
—
Deed
related
$26,000,000 · Fannie Mae
Dec 6, 2019
—
Jllx Johns Creek Dst
—
Grant Deed
related
$26,000,000 · Walker & Dunlop
Aug 1, 2017
$23,680,000
Lipt Johns Creek Commons LLC
Johns Creek Realty Ptrs LLC
Trustees Deed
related
$23,620,000 · Walker & Dunlop
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.
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