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Property profile & analytics
OFF-MARKET
Estimated value
$10,205,000
Industrial properties
251 Hosea Rd Lawrenceville, GA 30046-4605
Entity Owned
Free & Clear
Property ID
US22-1195066
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1966
Total area
121,691 SF
Lot
18.6 ac (810,216 SF)
Zoning code
HM-HEAVY MANUFACTURING
APN
R5178 002A
UPID
US22-1195066
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
-
CMC Rebar Factory Production Facility
-
King Steel, Inc (Fabrication Shop) Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$11.41M
Comparable Approach
Comparable
$9.01M
Blend (final)
Blend
$10.21M
Owner & transaction history
OWENS GA INC
OWENS GA INC
Zoning & alternative use
HM-HEAVY MANUFACTURING · Lawrenceville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$15.6M
+179.8%
Restaurant
$13.4M
+140.9%
Auto repair, garage
$8.9M
+59.5%
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 Lawrenceville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lawrenceville 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%
$12,355,000
6.5%
$11,405,000
7%
$10,590,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$15,550,000
Change: +180% · Conversion: Difficult
RESTAURANT
$13,390,000
Change: +141% · Conversion: Difficult
AUTO REPAIR, GARAGE
$8,865,000
Change: +60% · Conversion: Easy
Blend value · Realmo final
$10.21M
Range $9.18M – $11.23M · ±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
$84 / 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
$62,940
Tax year 2024
Assessed value
$7,457,360
Assessed 2024
Previous assessed
$1,966,880
+279.1% YoY
Effective rate
0.84%
On assessed value
Assessed land
$2,041,760
Assessed improvement
$5,415,600
Land market value
$5,104,400
Improvement market value
$13,539,000
Total market value
$18,643,400
Applied tax rate
6.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1966
Heating
NONE
Cooling
NONE
Buildings
7
Stories
2
Total area
121,691 SF
Lot
18.6 ac (810,216 SF)
Zoning code
HM-HEAVY MANUFACTURING
APN
R5178 002A
UPID
US22-1195066
Jurisdiction
GWINNETT
Zoning & alternative use
HM-HEAVY MANUFACTURING · Lawrenceville, GA
Zoning HM-HEAVY MANUFACTURING · permitted uses
HM-HEAVY MANUFACTURING · Lawrenceville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lawrenceville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$15.6M
RESTAURANT
Est. value
$13.4M
AUTO REPAIR, GARAGE
Est. value
$8.9M
MEDICAL BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
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
1966
Heating
NONE
Cooling
Yes
Stories
2
Buildings
7
Lot
18.6 ac
Current owner
From public records · entity-resolved
OWENS GA INC
Entity
Free & Clear · 0 yrs held
Mailing address
251 HOSEA RD, LAWRENCEVILLE, GA 30046-4605
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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