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Property profile & analytics
OFF-MARKET
Estimated value
$1,640,000
Commercial real estate
1172 Satellite NE Blvd Suwanee, GA 30024
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US22-4397852
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2006
Construction
WOOD
Total area
6,144 SF
Lot
0.14 ac (6,098 SF)
Zoning code
OI-OFFICE-INSTITUTIONAL
APN
7-155 -308
UPID
US22-4397852
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
-
Avelead Corporate Office
-
Meridian Insurance Services | 메리디안 종합보험 Insurance Agency
-
American University School of Medicine Aruba University
-
NiteLines USA, Incorporated I Government Medical Staffing Agency Employment Agency
-
Ascend Construction LLC General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.15M
Comparable Approach
Comparable
$1.68M
Blend (final)
Blend
$1.64M
Owner & transaction history
Purple Line Investment LLC · 1 yrs held
Purple Line Investment LLC
since 2025
Last sale
$1.7M
6 recorded transactions
Zoning & alternative use
OI-OFFICE-INSTITUTIONAL · Suwanee, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.0M
+25.3%
Retail stores
$1.7M
+5.7%
Neighborhood: shopping center
$1.6M
+3.1%
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%
$1,245,000
6.5%
$1,150,000
7%
$1,065,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,570,000
Current use
MEDICAL BUILDING
$1,970,000
Change: +25% · Conversion: Easy
RETAIL STORES
$1,660,000
Change: +6% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,620,000
Change: +3% · Conversion: Difficult
OFFICE BUILDING
$1,500,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$1.64M
Range $1.48M – $1.80M · ±10% · vs last sale $1.73M (Feb 15 2025)
Last sale anchor
$1.73M
Feb 15 2025
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
$267 / 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
$14,402
Tax year 2023
Assessed value
$404,800
Assessed 2023
Previous assessed
$404,800
+0.0% YoY
Effective rate
3.56%
On assessed value
Assessed land
$400
Assessed improvement
$404,400
Land market value
$1,000
Improvement market value
$1,011,000
Total market value
$1,012,000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2006
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
2
Total area
6,144 SF
Lot
0.14 ac (6,098 SF)
Zoning code
OI-OFFICE-INSTITUTIONAL
APN
7-155 -308
UPID
US22-4397852
Jurisdiction
GWINNETT
Zoning & alternative use
OI-OFFICE-INSTITUTIONAL · Suwanee, GA
Zoning OI-OFFICE-INSTITUTIONAL · permitted uses
OI-OFFICE-INSTITUTIONAL · 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
COMMERCIAL (GENERAL) Current
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$2.0M
RETAIL STORES
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.5M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
2006
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.14 ac
Current owner
From public records · entity-resolved
Purple Line Investment LLC
Entity
Mailing address
1172 SATELLITE BLVD NW, SUWANEE, GA 30024-2868
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 15, 2025
$1,725,000
Purple Line Investment LLC
Ihj Group LLC
Warranty Deed
$700,000 · Loyal Trust Bank
Jul 6, 2017
—
Ihj Grp LLC
—
Deed
related
$614,137 · Quantum National Bank
Jul 24, 2009
$750,000
Hisense International Co Limit
Westside Bank
Grant Deed
—
May 6, 2008
—
Westside Bank
Huntcrest Partners LLC
Grant Deed
related
—
May 30, 2006
—
Huntcrest Partners LLC
—
Trustees Deed
related
$828,600 · Bank Of Canton
Apr 11, 2005
$2,500,000
Huntcrest Partners LLC
Gwf Partners LLC
Warranty Deed
$2,700,000 · Neighbors Bank
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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