Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2040 Sugarloaf Cir Duluth, GA 30097-4084
    Back to Search
    Property profile & analytics

    2040 Sugarloaf Cir, Duluth, GA 30097-4084

    View on Map
    • Hotels
    • 73,876 SF
    • 3.55 lot acres
    Off-Market
    Property ID
    US22-1652392
    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.
    Value Estimations
    $5,010,000
    Show details
    Cap Rate Potential
    8.9%
    Hotels
    Location Intelligence

    Current Use by Public Records

    • Hilton Garden Inn Atlanta NE/Gwinnett Sugarloaf / Hotel & Motel

    Property Details for 2040 Sugarloaf Cir

    Year built
    2001
    Lot size
    3.55 lot acres
    Zone code
    C2-GENERAL BUSINESS
    Property type
    Hotels
    Property subtype
    Motels
    APN
    7-115 -032
    APU
    7115032

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 26, 2023 — Drap Florida LLC — Deed · related $9M · United Bank
    Aug 6, 2018 — Drap Florida LLC — Deed · related $3M · Summit Hotel Op LP
    Jul 5, 2018 $16,000,000 Drap Florida LLC Summit Hospitality I LLC Trustees Deed $13M · Branch Bk&tr
    Oct 27, 2011 — Summit Hospitality I LLC Summit Hotel Op LP Quit Claim Deed · related —
    May 31, 2011 $13,350,000 Summit Hotel Op LP Noble Invs-sugarloaf LLC Grant Deed —
    — — Summit Hospitality I LLC — Deed Of Trust · related $24.7M · Miscellaneous Ins Co
    — — Summit Hospitality I LLC — Deed Of Trust · related $24.7M · Miscellaneous Ins Co
    — — Summit Hospitality I LLC — Deed Of Trust · related —
    — — Drap Florida LLC — Deed Of Trust · related $3M · Summit Hotel Op LP

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $3,235,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $4,825,000
      6.5%
      $4,455,000
      7%
      $4,135,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Duluth
    County
    Gwinnett
    State
    Georgia
    Longitude
    -84.0869
    Latitude
    33.987
    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
    $126,821
    $480,000
    $3,669,400
    $4,149,400
    -
    $1,200,000
    $9,173,500
    $10,373,500

    Comparable in this City

    • Value Estimation
      $5,865,000
      90,916 SF

      6310 Sugarloaf Pkwy

      HOTEL/MOTEL
      6310 Sugarloaf Pkwy, Duluth, GA 30097-4334
      View Details
    • Value Estimation
      $8,965,000
      148,627 SF

      2029 Satellite Blvd

      HOTEL/MOTEL
      2029 Satellite Blvd, Duluth, GA 30097-4130
      View Details
    • Value Estimation
      $4,965,000
      79,210 SF

      1940 Satellite Blvd

      HOTEL/MOTEL
      1940 Satellite Blvd, Duluth, GA 30097-4117
      View Details
    • Value Estimation
      $740,000
      1.93 Acres

      Sugarloaf Pkwy

      HOTEL/MOTEL
      Sugarloaf Pkwy, Duluth, GA 30097
      View Details
    • Value Estimation
      $4,620,000
      71,056 SF

      1948 Satellite Blvd

      HOTEL/MOTEL
      1948 Satellite Blvd, Duluth, GA 30097-4117
      View Details
    • Value Estimation
      $8,330,000
      96,000 SF

      6400 Johns Xing

      HOTEL
      6400 Johns Xing, Johns Creek, GA 30097
      View Details

    Similar Nearby for Sale

    • $250,000
      Pending

      Duluth Land Lot For Sale

      Prime land lot near highways, restaurants, and shopping.
      00 Chattahoochee Dr, Duluth, GA 30097
      View Details
    • Contact for pricing
      32,071 SF

      Medical Office Space Available

      Medical office suites available for immediate occupancy.
      10700 Medlock Bridge Rd, Duluth, GA 30097
      View Details
    • Contact for pricing

      Office Condo on Peachtree Industrial

      Office condominium in Duluth, GA, with easy highway access.
      B-2810 Peachtree Industrial Blvd, Duluth, GA 30097
      View Details
    • $10,000,000

      Duluth Land Near Chattahoochee River

      18+ acre property in Duluth, GA, near Abbotts Bridge.
      4349 Abbotts Bridge Rd, Duluth, GA 30097
      View Details
    • $5,900,000

      Unanchored Strip Center Near I-85

      15,000 SF strip center in Duluth, Georgia.
      6600 Sugarloaf Pkwy, Duluth, GA 30097
      View Details

    Similar Nearby for Lease

    • Sponsored
      Contact for pricing

      Sugarloaf

      Discover many ways to work your way in Sugarloaf
      2180 Satellite Blvd, Duluth, GA 30097
      View Details
    • $16 SF/Yr

      Johns Creek Stand Alone Building

      13,680 RSF building for lease in Johns Creek.
      Johns Xing, Duluth, GA 30097
      View Details
    • Contact for pricing
      18,761 SF

      Class A Office Space Available

      Class A office space in Johns Creek community for rent.
      12000 Findley Rd, Johns Creek, GA 30097
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space in Johns Creek

      Retail space available for lease in Johns Creek, GA.
      10900 Medlock Bridge Rd, Johns Creek, GA 30097
      View Details

    Property Visit Statistics

    • Visits by month
      6.3k
    • Visitors by month
      2.6k
    • Avg Time on site
      472 min
    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.
    2040 Sugarloaf Cir
    Duluth, GA 30097-4084
    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

    Thank You for Inquiry
    2040 Sugarloaf Cir, Duluth, GA, 30097
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!