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Property profile & analytics
OFF-MARKET
Estimated value
$81,855,000
Commercial real estate
2188 Duluth Hwy 120th 120 Duluth, GA 30097-4008
Individually Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1303500
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2013
Total area
365,351 SF
Lot
30.7 ac (1,337,292 SF)
Zoning code
RM13-MULTI-FAM RES
APN
7-116 -005
UPID
US22-1303500
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
by Request
CAP Approach
CAP
$68.30M
Comparable Approach
Comparable
$102.63M
Blend (final)
Blend
$81.86M
Owner & transaction history
Ofc Duluth Primerica Parkway · 12 yrs held
Ofc Duluth Primerica Parkway
since 2013
7 recorded transactions
Zoning & alternative use
RM13-MULTI-FAM RES · Duluth, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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%
$73,985,000
6.5%
$68,295,000
7%
$63,415,000
Blend value · Realmo final
$81.86M
Range $73.67M – $90.04M · ±10%
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
$224 / 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
$755,134
Tax year 2023
Assessed value
$24,964,000
Assessed 2023
Previous assessed
$24,964,000
+0.0% YoY
Effective rate
3.02%
On assessed value
Assessed land
$4,066,680
Assessed improvement
$20,897,320
Land market value
$10,166,700
Improvement market value
$52,243,300
Total market value
$62,410,000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2013
Heating
NONE
Cooling
NONE
Stories
3
Total area
365,351 SF
Lot
30.7 ac (1,337,292 SF)
Zoning code
RM13-MULTI-FAM RES
APN
7-116 -005
UPID
US22-1303500
Jurisdiction
GWINNETT
Zoning & alternative use
RM13-MULTI-FAM RES · Duluth, GA
Zoning RM13-MULTI-FAM RES · permitted uses
RM13-MULTI-FAM RES · 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.
Building & site characteristics
From public records
Year built
2013
Heating
NONE
Cooling
Yes
Stories
3
Lot
30.7 ac
Current owner
From public records · entity-resolved
Ofc Duluth Primerica Parkway
Individual
Free & Clear · 12 yrs held
Mailing address
255 WASHINGTON ST STE #270, NEWTON, MA 02458-1634
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 14, 2023
—
Primerica Pkwy Ga LLC
—
Deed
related
$54,300,000 · Ubs Ag
Dec 31, 2013
—
Ofc Duluth Primerica Parkway
Duke Realty LP
Quit Claim Deed
related
—
Jul 31, 2008
—
Duke,realty Limited Partnershi
Duke Construction Limited
Quit Claim Deed
related
—
Mar 12, 2007
—
Duke Construction Limited Part
Gwinnett County
Grant Deed
related
—
Jul 21, 2006
—
Duke Construction Ltd
Powell,eddie Frances
Grant Deed
related
—
Jul 20, 2005
$16,186,300
Duke Realty LP
Bellsouth Telecommunications INC
Grant Deed
—
Jul 20, 2005
—
Duke Realty LP
Bellsouth Telecommunications INC
Quit Claim Deed
related
—
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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