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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Residential income homes
1262 Britain Dr, Lawrenceville, GA 30044-2637
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US22-1165655
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1985
Construction
WOOD
Total area
5,060 SF
Lot
0.43 ac (18,731 SF)
Zoning code
RM6-MULTI-FAM RES-DUPLEX
APN
7-040 -017
UPID
US22-1165655
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
$610k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$635k
Owner & transaction history
Kmerica Grp Britain 7 LLC · 4 yrs held
Kmerica Grp Britain 7 LLC
since 2021
Last sale
$670,000
7 recorded transactions
Zoning & alternative use
RM6-MULTI-FAM RES-DUPLEX · Lawrenceville, 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 Lawrenceville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lawrenceville 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
$600,000
ML approach
$610,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$635k
Range $572k – $699k · ±10% · vs last sale $670k (Dec 23 2021)
Last sale anchor
$670k
Dec 23 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
$125 / 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
$9,524
Tax year 2023
Assessed value
$264,000
Assessed 2023
Previous assessed
$264,000
+0.0% YoY
Effective rate
3.61%
On assessed value
Assessed land
$44,600
Assessed improvement
$219,400
Land market value
$111,500
Improvement market value
$548,500
Total market value
$660,000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1985
Construction
WOOD
Heating
FORCED AIR
Cooling
NONE
Stories
2
Units
4
Total area
5,060 SF
Lot
0.43 ac (18,731 SF)
Zoning code
RM6-MULTI-FAM RES-DUPLEX
APN
7-040 -017
UPID
US22-1165655
Jurisdiction
GWINNETT
Zoning & alternative use
RM6-MULTI-FAM RES-DUPLEX · Lawrenceville, GA
Zoning RM6-MULTI-FAM RES-DUPLEX · permitted uses
RM6-MULTI-FAM RES-DUPLEX · Lawrenceville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lawrenceville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
4
Lot
0.43 ac
Current owner
From public records · entity-resolved
Kmerica Grp Britain 7 LLC
Entity
Mailing address
837 ATLANTA COUNTRY CLB DR SE, MARIETTA, GA 30067-4772
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2021
$670,000
Kmerica Grp Britain 7 LLC
William Morell
Warranty Deed
—
May 6, 2021
—
William Morell
—
Deed
related
$298,500 · Mortgage Assurance
Jun 5, 2018
—
William Morell
—
Deed
related
$295,500 · Provident Funding Associates LP
Jul 31, 2017
—
Ajay Varghese
—
Deed
related
—
May 30, 2007
$370,000
Ajay Varghese
Jeong H Kim
Deed
$273,000 · Sunshine Mtg
May 21, 2007
$370,000
Ajay Varghese
Kim,jeong Hee
Grant Deed
$60,000 · Sunshine Mortgage Corp
—
—
Ajay Varghese
—
Deed Of Trust
related
—
—
—
Ajay Varghese
—
Loan Modification
related
—
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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