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Property profile & analytics
FOR LEASE
Warehouses
1955 Evergreen Blvd Duluth, GA 30096
Entity Owned
Free & Clear
Property ID
US22-0565673
For Lease
1 / 15
$11,840,000
1955 Evergreen Blvd, Duluth, GA 30096
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Year built
2000
Total area
71,170 SF
Lot
7.99 ac (348,044 SF)
Zoning code
M2-HEAVY INDUSTRY
APN
R7078 025
UPID
US22-0565673
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
-
Tetra Tech Engineering Consultant Environmental Consultant
-
Trextel (Bike/Boat/Book/etc) Store Corporate Office
-
Operational Security Systems Inc Security Service
-
FedEx Drop Box Postal Service Courier Service
-
Hill's Pet Nutrition (Bike/Boat/Book/etc) Store Pet Store & Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.04M
Comparable Approach
Comparable
$12.12M
Blend (final)
Blend
$11.84M
Owner & transaction history
Fivf III Bx II Ga LP
Fivf III Bx II Ga LP
since 2026
Last sale
$13.6M
7 recorded transactions
Zoning & alternative use
M2-HEAVY INDUSTRY · Duluth, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$19.2M
+11.9%
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 Duluth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Duluth 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%
$8,705,000
6.5%
$8,040,000
7%
$7,465,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$17,185,000
Current use
RETAIL STORES
$19,225,000
Change: +12% · Conversion: Moderate
Blend value · Realmo final
$11.84M
Range $10.66M – $13.02M · ±10% · vs last sale $13.60M (Sep 11 2024)
Last sale anchor
$13.60M
Sep 11 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
$166 / 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
$85,611
Tax year 2024
Assessed value
$2,277,440
Assessed 2024
Previous assessed
$2,528,000
-9.9% YoY
Effective rate
3.76%
On assessed value
Assessed land
$644,360
Assessed improvement
$1,633,080
Land market value
$1,610,900
Improvement market value
$4,082,700
Total market value
$5,693,600
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
For Lease
Year built
2000
Heating
NONE
Cooling
NONE
Stories
1
Total area
71,170 SF
Lot
7.99 ac (348,044 SF)
Zoning code
M2-HEAVY INDUSTRY
APN
R7078 025
UPID
US22-0565673
Jurisdiction
GWINNETT
Zoning & alternative use
M2-HEAVY INDUSTRY · Duluth, GA
Zoning M2-HEAVY INDUSTRY · permitted uses
M2-HEAVY INDUSTRY · Duluth, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Duluth. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$17.2M
RETAIL STORES
Est. value
$19.2M
WAREHOUSE, STORAGE Current
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
2000
Heating
NONE
Cooling
Yes
Stories
1
Lot
7.99 ac
Current owner
From public records · entity-resolved
Fivf III Bx II Ga LP
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 20197, ATLANTA, GA 30325-0197
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2026
—
Fivf III Bx II Ga LP
Fivf III Ga7 LP
Warranty Deed
—
Jul 1, 2025
$12,300,000
Fivf III Ga7 LP
Napier Logistics Assets LLC
Warranty Deed
—
Dec 11, 2024
$13,600,000
Napier Logistics Assets LLC
Dawson Logistics Assets LLC
Warranty Deed
—
May 1, 2018
$9,300,000
Dawson Logistics Assets LLC
Exeter 1955 Evergreen LLC
Grant Deed
related
—
Sep 16, 2016
—
Exeter 1955 Evergreen LLC
—
Deed
related
$108,400,000 · Wells Fargo Bank NA
Jun 23, 2016
$3,836,700
Exeter 1955 Evergreen LLC
Us Bank NA 2006-c5
Grant Deed
—
May 6, 2014
$13,640,000
Us Bank NA Series 2006-c5 Tr
Ari-northmont Business Cente
Trustees Deed
—
Sep 19, 2006
$756,900
Ari Nbc 10 LLC
Ari,northmont Husinee Cent
Grant Deed
related
—
Sep 8, 2006
$339,300
Ari Nbc 14 LLC
Ari,northmont Business Cen
Grant Deed
related
—
Aug 30, 2006
$25,602,000
Ari-northmont Business Center Ll
Principal Life Ins Co
Grant Deed
$17,500,000 · Lasalle National Bank
Aug 30, 2006
$300,200
Ari-nbc 4 LLC
Ari-northmont Business Center Ll
Grant Deed
related
—
Aug 30, 2006
$317,400
Ari-nbc 5 LLC
Ari-northmont Business Center Ll
Grant Deed
related
—
Aug 30, 2006
$345,000
Ari-nbc 6 LLC
Ari-northmont Business Center Ll
Grant Deed
related
—
Aug 30, 2006
$245,000
Ari-nbc 2 LLC
Ari-northmont Business Center Ll
Grant Deed
related
—
Aug 30, 2006
$649,800
Ari-nbc 8 LLC
Ari-northmont Business Center Ll
Grant Deed
related
—
Aug 30, 2006
$500,300
Ari-nbc 7 LLC
Ari-northmont Business Center Ll
Grant Deed
related
—
Aug 30, 2006
$289,800
Ari-nbc 3 LLC
Ari-northmont Business Center Ll
Grant Deed
related
—
Aug 30, 2006
$1,000,500
Ari-nbc 1 LLC
Ari-northmont Business Center Ll
Grant Deed
related
—
Mar 10, 2004
$21,500,000
Principal Life Insurance Co
Frapag Of Seefreid I 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.
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