Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$38,985,000
Warehouses
1675 Lks Pkwy Lawrenceville, GA 30043-5880
Entity Owned
2-yr Hold
Free & Clear
Property ID
US22-1694308
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Year built
1987
Total area
87,376 SF
Lot
18.22 ac (793,663 SF)
Zoning code
M1-LIGHT INDUSTRY
APN
R7044 215
UPID
US22-1694308
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
$38.99M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$38.99M
Owner & transaction history
Atlanta Cl Owner LLC · 2 yrs held
Atlanta Cl Owner LLC
since 2024
Last sale
$39.0M
4 recorded transactions
Zoning & alternative use
M1-LIGHT INDUSTRY · Lawrenceville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$41.3M
+366.5%
Auto repair, garage
$39.0M
+341.2%
Apartment house (5+ units)
$30.8M
+248.1%
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 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
$38,985,000
ML approach
$38,985,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$41,285,000
Change: +366% · Conversion: Difficult
AUTO REPAIR, GARAGE
$39,045,000
Change: +341% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$30,805,000
Change: +248% · Conversion: Difficult
MEDICAL BUILDING
$26,750,000
Change: +202% · Conversion: Difficult
COMMERCIAL (GENERAL)
$26,235,000
Change: +196% · Conversion: Difficult
RETAIL STORES
$23,605,000
Change: +167% · Conversion: Moderate
Blend value · Realmo final
$38.99M
Range $35.09M – $42.88M · ±10% · vs last sale $38.98M (May 9 2024)
Last sale anchor
$38.98M
May 9 2024
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
$446 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$224,264
Tax year 2024
Assessed value
$5,993,040
Assessed 2024
Previous assessed
$7,410,800
-19.1% YoY
Effective rate
3.74%
On assessed value
Assessed land
$1,297,680
Assessed improvement
$4,695,360
Land market value
$3,244,200
Improvement market value
$11,738,400
Total market value
$14,982,600
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
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Status
Off-Market
Year built
1987
Heating
NONE
Cooling
NONE
Buildings
3
Stories
1
Total area
87,376 SF
Lot
18.22 ac (793,663 SF)
Zoning code
M1-LIGHT INDUSTRY
APN
R7044 215
UPID
US22-1694308
Jurisdiction
GWINNETT
Zoning & alternative use
M1-LIGHT INDUSTRY · Lawrenceville, GA
Zoning M1-LIGHT INDUSTRY · permitted uses
M1-LIGHT INDUSTRY · 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.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$41.3M
AUTO REPAIR, GARAGE
Est. value
$39.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$30.8M
MEDICAL BUILDING
Est. value
$26.8M
COMMERCIAL (GENERAL)
Est. value
$26.2M
RETAIL STORES
Est. value
$23.6M
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
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
1987
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Lot
18.22 ac
Current owner
From public records · entity-resolved
Atlanta Cl Owner LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1675 LKS PKWY, LAWRENCEVILLE, GA 30043-5880
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2024
$38,984,976
Atlanta Cl Owner LLC
Corporate Lakes Atlanta LLC
Warranty Deed
—
Sep 24, 2013
—
Realty Vi Ch
Highwoods Realty LP
Quit Claim Deed
related
—
Sep 24, 2013
$10,168,500
Realty Vi Ch
Highwoods Realty LP
Grant Deed
—
Jun 29, 2006
$128,000
Paramount Family Homes LLC
Jera Development Grp LLC
Grant Deed
—
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?”
You own 1675 Lks Pkwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
