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Property profile & analytics
OFF-MARKET
Estimated value
$1,250,000
Grocery and convenience stores
2255 Duluth Hwy 120th 120 Duluth, GA 30097-4064
Entity Owned
16-yr Hold
Free & Clear
Property ID
US22-0497899
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1997
Total area
3,002 SF
Lot
1.11 ac (48,352 SF)
Zoning code
C2-GENERAL BUSINESS
APN
7-117 -096
UPID
US22-0497899
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
-
Amazon Locker - Abdoulaye Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$975k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.37M
Blend (final)
Blend
$1.25M
Owner & transaction history
120 Duluth Center LLC · 16 yrs held
120 Duluth Center LLC
since 2009
7 recorded transactions
Zoning & alternative use
C2-GENERAL BUSINESS · Duluth, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.0M
+154.4%
Auto repair, garage
$1.3M
+69.6%
Commercial (general)
$1.2M
+57.1%
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
$975,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$790,000
Current use
OFFICE BUILDING
$2,010,000
Change: +154% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,340,000
Change: +70% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,240,000
Change: +57% · Conversion: Easy
MEDICAL BUILDING
$960,000
Change: +22% · Conversion: Difficult
RETAIL STORES
$810,000
Change: +3% · Conversion: Easy
Blend value · Realmo final
$1.25M
Range $1.13M – $1.38M · ±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
$416 / 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
$22,052
Tax year 2023
Assessed value
$599,440
Assessed 2023
Previous assessed
$599,440
+0.0% YoY
Effective rate
3.68%
On assessed value
Assessed land
$174,080
Assessed improvement
$425,360
Land market value
$435,200
Improvement market value
$1,063,400
Total market value
$1,498,600
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1997
Heating
FORCED AIR
Cooling
NONE
Stories
1
Total area
3,002 SF
Lot
1.11 ac (48,352 SF)
Zoning code
C2-GENERAL BUSINESS
APN
7-117 -096
UPID
US22-0497899
Jurisdiction
GWINNETT
Zoning & alternative use
C2-GENERAL BUSINESS · Duluth, GA
Zoning C2-GENERAL BUSINESS · permitted uses
C2-GENERAL BUSINESS · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$790,000
OFFICE BUILDING
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$960,000
RETAIL STORES
Est. value
$810,000
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
1997
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.11 ac
Current owner
From public records · entity-resolved
120 Duluth Center LLC
Entity
Free & Clear · 16 yrs held
Mailing address
PO BOX 1565, LAWRENCEVILLE, GA 30046-1565
Ownership since
2009
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
Oct 28, 2019
—
120 Duluth Center LLC
—
Deed
related
$903,750 · Synovus Bk
Nov 6, 2009
$1,145,000
120 Duluth Center LLC
Benjee Ents LLC
Trustees Deed
related
—
Nov 3, 2009
—
120 Duluth Center LLC
Banjee Enterprises LLC
Grant Deed
related
—
Sep 26, 2006
—
Duke Const LP
Mitchell,walter R JR
Quit Claim Deed
related
—
Aug 30, 2006
—
Duke Const LP
Hooks,james B
Quit Claim Deed
related
—
Feb 17, 2004
$2,041,000
Banjee Enterprises LLC
Pepperwood INC
Grant Deed
$1,870,000 · Bank Of North Georgia
—
—
120 Duluth Center LLC
—
Loan Modification
related
$903,750 · Synovus Bk
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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