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Property profile & analytics
FOR LEASE
Medical Office Space
1235 Indian Trail Lilburn Rd Norcross, GA 30093
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US22-0825707
For Lease
1 / 40
$23 SF/Yr
1235 Indian Trail Lilburn Rd, Norcross, GA 30093
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2012
Construction
WOOD
Total area
10,562 SF
Lot
1.45 ac (63,162 SF)
Zoning code
C1-NBHD BUSINESS
APN
6-186 -006
UPID
US22-0825707
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
-
Magnolia Kids Dental Dental Office
-
Amit Patel Pharmacy
-
Magnolia Medical Clinic Medical Clinic
-
Afshan Bintory Dental Office
-
Pharmacy Sunrise Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.36M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.02M
Owner & transaction history
1235 Indian Trail LLC · 8 yrs held
1235 Indian Trail LLC
since 2017
6 recorded transactions
Zoning & alternative use
C1-NBHD BUSINESS · Norcross, 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 Norcross submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norcross 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%
$2,550,000
6.5%
$2,355,000
7%
$2,190,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,855,000
Change: -16% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,785,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$2.02M
Range $1.82M – $2.22M · ±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
$191 / 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
$44,523
Tax year 2023
Assessed value
$1,510,000
Assessed 2023
Previous assessed
$1,510,000
+0.0% YoY
Effective rate
2.95%
On assessed value
Assessed land
$232,440
Assessed improvement
$1,277,560
Land market value
$581,100
Improvement market value
$3,193,900
Total market value
$3,775,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
2012
Construction
WOOD
Heating
YES
Cooling
NONE
Buildings
2
Stories
1
Total area
10,562 SF
Lot
1.45 ac (63,162 SF)
Zoning code
C1-NBHD BUSINESS
APN
6-186 -006
UPID
US22-0825707
Jurisdiction
GWINNETT
Zoning & alternative use
C1-NBHD BUSINESS · Norcross, GA
Zoning C1-NBHD BUSINESS · permitted uses
C1-NBHD BUSINESS · Norcross, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Norcross. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$2.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.8M
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
2012
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
1.45 ac
Current owner
From public records · entity-resolved
1235 Indian Trail LLC
Entity
Mailing address
PO BOX 1553, DULUTH, GA 30096-0027
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 12, 2019
—
1235 Indian Trail LLC
—
Deed
related
$1,250,000 · First Citizens Bank
Nov 14, 2017
—
1235 Indian Trail LLC
Branch Bkng & Trust Co
Quit Claim Deed
related
—
Oct 26, 2017
—
1235 Indian Trail LLC
—
Deed
related
$1,510,000 · First Citizens Bk
Jun 9, 2011
$490,000
1235 Indian Trail LLC
Cnl Net Lease Funding 2001 LP
Grant Deed
—
—
—
1235 Indian Trail LLC
—
Deed Of Trust
related
$1,250,000 · First Citizens Bk
—
—
1235 Indian Trail LLC
—
Deed Of Trust
related
$1,510,000 · First Citizens Bk
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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