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Property profile & analytics
OFF-MARKET
Estimated value
$2,165,000
Medical Office Space
2096 Mcgee Rd, Snellville, GA 30078-2911
Entity Owned
3-yr Hold
Free & Clear
Property ID
US22-1946478
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1996
Construction
WOOD
Total area
5,488 SF
Lot
1.57 ac (68,389 SF)
Zoning code
OP-OFFICE PROFESSIONAL
APN
5-008 -295
UPID
US22-1946478
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
$2.27M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.59M
Blend (final)
Blend
$2.17M
Owner & transaction history
Smbc Leasing And Finance INC · 3 yrs held
Smbc Leasing And Finance INC
since 2022
Last sale
$2.1M
4 recorded transactions
Zoning & alternative use
OP-OFFICE PROFESSIONAL · Snellville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.5M
+39.5%
Restaurant
$2.1M
+21.0%
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 Snellville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Snellville 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
$2,245,000
ML approach
$2,270,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,760,000
Current use
AUTO REPAIR, GARAGE
$2,450,000
Change: +40% · Conversion: Difficult
RESTAURANT
$2,125,000
Change: +21% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,480,000
Change: -16% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,445,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$2.17M
Range $1.95M – $2.38M · ±10% · vs last sale $2.08M (Sep 12 2022)
Last sale anchor
$2.08M
Sep 12 2022
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
$394 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$12,480
Tax year 2023
Assessed value
$336,400
Assessed 2023
Previous assessed
$336,400
+0.0% YoY
Effective rate
3.71%
On assessed value
Assessed land
$218,840
Assessed improvement
$117,560
Land market value
$547,100
Improvement market value
$293,900
Total market value
$841,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1996
Construction
WOOD
Heating
FORCED AIR
Cooling
NONE
Stories
1
Total area
5,488 SF
Lot
1.57 ac (68,389 SF)
Zoning code
OP-OFFICE PROFESSIONAL
APN
5-008 -295
UPID
US22-1946478
Jurisdiction
GWINNETT
Zoning & alternative use
OP-OFFICE PROFESSIONAL · Snellville, GA
Zoning OP-OFFICE PROFESSIONAL · permitted uses
OP-OFFICE PROFESSIONAL · Snellville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Snellville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$2.5M
RESTAURANT
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$1.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.4M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
RESTAURANT
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
1996
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.57 ac
Current owner
From public records · entity-resolved
Smbc Leasing And Finance INC
Entity
Free & Clear · 3 yrs held
Mailing address
277 PARK AVE, NEW YORK, NY 10172-0003
Ownership since
2022
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
Sep 12, 2022
$2,075,000
Smbc Leasing And Finance INC
3sp Investments LLC
Warranty Deed
—
Aug 22, 2018
—
3sp Investments LLC
Rosenbaum & Sharon LLC
Quit Claim Deed
related
—
Aug 22, 2018
$1,300,000
3sp Investments LLC
Rosenbaum & Sharon LLC
Grant Deed
$975,000 · Navy FCU
Oct 20, 2011
—
Rcog07 Ga LLC
—
Deed Of Trust
related
$45,233,437 · Ge Com'l Finance Business Prop
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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