Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1775 Pleasant Hl Rd Duluth, GA 30096-4621

    • Hotels
    • 267,408 SF
    • 10.97 lot acres
    OFF-MARKET
    Last Sale
    Mar 15, 2022
    $23,250,000
    Value Estimations
    $20,940,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1602508
    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.

    Current Use by Public Records

    • Sonesta Gwinnett Place Atlanta / Hotel & Motel
    • Sonesta ES Suites Gwinnett Place Atlanta / Hotel & Motel / Vacation Rental
    • Grapevine Restaurant / Restaurant
    • Encore / Rental Equipment Company / Tech Support Center
    • ArtBar / Bar & Pub

    Property Details for 1775 Pleasant Hl Rd

    Year built
    1986
    Lot size
    10.97 lot acres
    Property size
    267,408 SF
    Zone code
    C2-GENERAL BUSINESS
    Property type
    Hotels
    Property subtype
    Motels
    APN
    6-203 -030
    APU
    6203030

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $13,435,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $17,465,000
      6.5%
      $16,120,000
      7%
      $14,970,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $28,656,000
      Market price range: $10.3M - $58.5M

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

    Location Insight

    • Map
    • Local Demand
    City
    Duluth
    County
    Gwinnett
    State
    Georgia
    Longitude
    -84.1284
    Latitude
    33.948
    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
    2023
    $187,549
    $1,097,000
    $8,203,000
    $9,300,000
    -
    $2,742,500
    $20,507,500
    $23,250,000

    Comparable in this City

    • Value Estimation
      $12,760,000
      86,841 SF

      1725 Pineland Rd

      HOTEL/MOTEL • 86,841 SF
      1725 Pineland Rd, Duluth, GA 30096-5051
      View Details
    • Value Estimation
      $5,885,000
      33,289 SF

      3670 Shackleford Rd

      HOTEL/MOTEL • 33,289 SF
      3670 Shackleford Rd, Duluth, GA 30096-4546
      View Details
    • Value Estimation
      $7,070,000
      46,944 SF

      3500 Venture Pkwy

      HOTEL/MOTEL • 46,944 SF
      3500 Venture Pkwy, Duluth, GA 30096-4723
      View Details
    • Value Estimation
      $7,775,000
      60,078 SF

      3665 Shackleford Rd

      HOTEL/MOTEL • 60,078 SF
      3665 Shackleford Rd, Duluth, GA 30096-4545
      View Details
    • Value Estimation
      $5,470,000
      38,824 SF

      2370 Stephens Ctr Dr

      HOTEL/MOTEL • 38,824 SF
      2370 Stephens Ctr Dr, Duluth, GA 30096-2360
      View Details
    • Value Estimation
      $9,875,000
      87,529 SF

      3550 Venture Pkwy

      HOTEL/MOTEL • 87,529 SF
      3550 Venture Pkwy, Duluth, GA 30096-4723
      View Details

    Similar Nearby for Sale

    • $1,890,000
      1.73 Acres

      Sugarloaf Mills C-2 Land

      Prime 1.7-acre commercial lot, high visibility.
      1959 Duluth Hwy, Duluth, GA 30096
      View Details
    • $289,900
      0.03 Acres

      Executive Office Suite in Duluth

      Prime Duluth location, 1210 sq ft office condo
      3460 Summit Ridge Pkwy, Duluth, GA 30096
      View Details
    • $2,000,000
      6.88 Acres

      Shovel-Ready Self Storage Land

      Duluth, GA: 746 Units, High Visibility
      3140 Breckinridge Blvd, Duluth, GA 30096
      View Details
    • Contact for pricing

      Duluth Condo with Renovated Kitchen

      Condo in Duluth, close to shopping and Hwy 85.
      4096 Stillwater Dr, Duluth, GA 30096
      View Details
    • $1,060,000
      1 SF

      Prime Corner Pad Ready Site

      1 acre pad ready site on a busy corner.
      1500 Executive Dr S, Duluth, GA 30096
      View Details
    • Contact for pricing

      Duluth Specialty Property for Sale

      Specialty property available in Duluth, Georgia.
      3450 Duluth Park Ln NW, Duluth, GA 30096
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      56,589 SF

      Available Warehouse Space Near I-85

      16,520 SF warehouse space available near Gwinnett Place Mall.
      2445 Commerce Ave Northwest, Duluth, GA 30096
      View Details
    • Contact for pricing
      1,902 SF

      Spacious Home Near I-85

      Four-bedroom home with new floors, deck, and convenient location.
      3915 Howell Park Rd, Duluth, GA 30096
      View Details
    • $20 SF/Yr
      90,670 SF

      Duluth Office Space: Prime Location

      Modern office space, high visibility, ample parking.
      2645 Berkeley Lake Rd, Duluth, GA 30096
      View Details
    • $16 SF/Yr
      179,824 SF

      Duluth Flex Space: 179,824 SF

      Industrial flex space in prime Duluth location. Two suites available.
      3100 Breckinridge Blvd, Duluth, GA 30096
      View Details
    • Contact for pricing
      19,889 SF

      Satellite Promenade Retail Center

      Gwinnett County Strip Mall, 1,330 SF Available
      2340 Satellite Blvd, Duluth, GA 30096
      View Details
    • $39 SF/Yr
      4,400 SF

      Prime Duluth Retail Space

      4,400 SF Auto Dealership Site
      4176 Buford Hwy, Duluth, GA 30096
      View Details
    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.
    1775 Pleasant Hl Rd
    Duluth, GA 30096-4621
    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

    Google sign-in failed. Please try again or use another login method.