Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$7,830,000
Warehouses
1826 Doan Way Norcross, GA 30093-3470
Entity Owned
2-yr Hold
Free & Clear
Property ID
US22-4636107
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Year built
1985
Total area
52,401 SF
Lot
3.71 ac (161,608 SF)
Zoning code
M1-LIGHT INDUSTRY
APN
R6210 008
UPID
US22-4636107
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
-
Ener sys Material Handling Equipment Supplier
-
NovaCommerce Corporation Warehouse Liquidator
-
Sprinkle Mart Home Decor Store Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.83M
CAP Approach
CAP
$5.92M
Comparable Approach
Comparable
$6.83M
Blend (final)
Blend
$7.83M
Owner & transaction history
Atlas Atlanta 2 Doan LLC · 2 yrs held
Atlas Atlanta 2 Doan LLC
since 2024
Last sale
$7.8M
7 recorded transactions
Zoning & alternative use
M1-LIGHT INDUSTRY · Norcross, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$12.8M
+10.2%
Commercial (general)
$12.1M
+4.0%
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
$7,830,000
ML approach
$7,830,000
CAP Approach
CAP Return
Estimation
6%
$6,410,000
6.5%
$5,920,000
7%
$5,495,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$11,605,000
Current use
OFFICE BUILDING
$12,790,000
Change: +10% · Conversion: Difficult
COMMERCIAL (GENERAL)
$12,070,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$7.83M
Range $7.05M – $8.61M · ±10% · vs last sale $7.83M (Jun 20 2024)
Last sale anchor
$7.83M
Jun 20 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
$149 / 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
$57,394
Tax year 2024
Assessed value
$1,381,640
Assessed 2024
Previous assessed
$1,810,400
-23.7% YoY
Effective rate
4.15%
On assessed value
Assessed land
$371,000
Assessed improvement
$1,010,640
Land market value
$927,500
Improvement market value
$2,526,600
Total market value
$3,454,100
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
1985
Heating
YES
Cooling
NONE
Stories
1
Total area
52,401 SF
Lot
3.71 ac (161,608 SF)
Zoning code
M1-LIGHT INDUSTRY
APN
R6210 008
UPID
US22-4636107
Jurisdiction
GWINNETT
Zoning & alternative use
M1-LIGHT INDUSTRY · Norcross, GA
Zoning M1-LIGHT INDUSTRY · permitted uses
M1-LIGHT INDUSTRY · 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
WAREHOUSE, STORAGE Current
Est. value
$11.6M
OFFICE BUILDING
Est. value
$12.8M
COMMERCIAL (GENERAL)
Est. value
$12.1M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1985
Heating
YES
Cooling
Yes
Stories
1
Lot
3.71 ac
Current owner
From public records · entity-resolved
Atlas Atlanta 2 Doan LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1826 DOAN WAY STE #3300, NORCROSS, GA 30093-3470
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 20, 2024
$7,830,773
Atlas Atlanta 2 Doan LLC
Yaman Shukairy
Warranty Deed
—
Jun 20, 2024
—
Atlas Atlanta 2 Doan LLC
Yaman Shukairy
Quit Claim Deed
related
—
Jun 16, 2021
—
Dogwood Propco II LP
—
Deed
related
$500,000,000 · Bank Of America
Nov 8, 2019
$71,250,000
Dogwood Propco II LP
Gwinnett Park Spe LLC
Grant Deed
$25,000 · Wells Fargo Bk
Sep 30, 2013
—
Gwinnett Park Spe LLC
Svn Gwinnett Park LLC
Quit Claim Deed
related
$31,000,000 · Cibc INC
Jul 31, 2007
$2,809,700
Svn Gwinnett Park LLC
Windsor Of Gwinnett Park 1826 LLC
Grant Deed
—
Jul 24, 2007
$2,809,683
Svn Gwinnett Park LLC
Windsor,at Gwinnett Park 1
Grant Deed
—
Oct 1, 2004
$2,475,000
Windsor At Gwinnett Park 1826 Ll
Duke Realty
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 1826 Doan Way?
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.
