Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    120 Royal Woods Ct Tucker, GA 30084
    Back to Search
    Property profile & analytics

    120 Royal Woods Ct Tucker, GA 30084

    View on Map
    • Warehouses
    • 229,095 SF
    • 14.10 lot acres
    For Lease
    $8 SF/Yr
    View Listing →
    Tucker Warehouse with Lab Space For Lease
    $8 SF/Yr
    227,735 SF

    Tucker Warehouse with Lab Space

    Spacious warehouse with office and climate-controlled lab space available.

    120 Royal Woods Ct, Tucker, GA 30084
    View Listing
    Property ID
    US22-1807322
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lehigh Technologies of Georgia / Industrial Manufacturer / Production Facility
    • Thomas Industries Commercial & Industrial / Industrial Manufacturer / Production Facility

    Property Details for 120 Royal Woods Ct

    Year built
    1998
    Lot size
    14.10 lot acres
    Property size
    229,095 SF
    Zone code
    M1-LIGHT INDUSTRY
    Property type
    Warehouses
    APN
    R6118 048
    APU
    R6118048

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Tucker
    County
    Gwinnett
    State
    Georgia
    Longitude
    -84.1746
    Latitude
    33.8627
    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
    2024
    $250,728
    $1,410,000
    $4,546,480
    $5,956,480
    -
    $3,525,000
    $11,366,200
    $14,891,200

    Comparable in this City

    • Value Estimation by Request
      40,002 SF

      2081 Kilman Dr

      Distribution properties • 40,002 SF
      2081 Kilman Dr, Tucker, GA 30084
      View Details
    • Value Estimation
      $8,145,000
      80,528 SF

      1989 Montreal Rd

      MINI-WAREHOUSE, STORAGE • 80,528 SF
      1989 Montreal Rd, Tucker, GA 30084-5218
      View Details
    • Value Estimation
      $5,670,000
      104,105 SF

      4660 Hammermill Rd

      WAREHOUSE, STORAGE • 104,105 SF
      4660 Hammermill Rd, Tucker, GA 30084-6638
      View Details
    • Value Estimation
      $5,265,000
      86,400 SF

      4761 Hugh Howell Rd

      WAREHOUSE, STORAGE • 86,400 SF
      4761 Hugh Howell Rd, Tucker, GA 30084-5024
      View Details
    • Value Estimation
      $2,500,000
      40,200 SF

      2157 Tucker Industrial Rd

      WAREHOUSE, STORAGE • 40,200 SF
      2157 Tucker Industrial Rd, Tucker, GA 30084-5017
      View Details
    • Value Estimation by Request
      35,417 SF

      2090 Tucker Industrial Rd

      Distribution properties • 35,417 SF
      2090 Tucker Industrial Rd, Tucker, GA 30084
      View Details

    Similar Nearby for Sale

    • New
      $600,000
      3,508 SF

      Mixed-Use Property in Tucker, GA

      Versatile property with residential and commercial potential in prime location.
      4916 Lavista Rd, Tucker, GA 30084
      View Details
    • Contact for pricing

      Tucker Industrial Building For Sale

      18,680 SF industrial building on 0.95 acres in Tucker, GA.
      1840 Tucker Industrial Rd, Tucker, GA 30084
      View Details
    • $500,000

      Mountain Industrial Boulevard Commercial Land

      1.06 acres for commercial or industrial build to suit.
      2387 Mountain Industrial Blvd, Tucker, GA 30084
      View Details
    • Contact for pricing

      Mixed-Use Building in Tucker

      Mixed-use building on a 3.1-acre corner lot.
      4635 N Royal Atlanta Dr, Tucker, GA 30084
      View Details
    • Contact for pricing

      Smyrna Single Tenant Building

      Single tenant building on 2.15 acres in Smyrna, GA.
      2080 Atlanta Rd, Smyrna, GA 30084
      View Details
    • Contact for pricing

      Tucker Office/Flex Space Available

      Office and flex suites with signage and roll-up door.
      2088 Idlewood Rd, Tucker, GA 30084
      View Details

    Similar Nearby for Lease

    • $8 SF/Yr

      Tucker Warehouse with Lab Space

      Spacious warehouse with office and climate-controlled lab space available.
      120 Royal Woods Ct, Tucker, GA 30084
      View Details
    • Contact for pricing

      Tucker Office/Warehouse Building For Rent

      Multi-tenant office and warehouse spaces available for lease.
      2137 Flintstone Dr, Tucker, GA 30084
      View Details
    • Contact for pricing

      Multi-Tenant Office/Warehouse Building For Rent

      Office and warehouse spaces available for lease.
      2177 Flintstone Dr, Tucker, GA 30084
      View Details
    • Contact for pricing

      Freestanding Industrial Building Near I-285

      50,000 SF industrial building with 10,000 SF office space.
      1955 Montreal Rd, Tucker, GA 30084
      View Details
    • Contact for pricing

      30,000 SF Stand-Alone Building

      30,000 SF building with dock doors and office space.
      4980 Hammermill Rd, Tucker, GA 30084
      View Details
    • Contact for pricing

      Tucker Industrial Flex Space

      Industrial flex space with conditioned offices and gated property.
      4379 Sentry Dr, Tucker, GA 30084
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    120 Royal Woods Ct
    Tucker, GA 30084
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    120 Royal Woods Ct, Tucker, GA, 30084
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!