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Property profile & analytics
OFF-MARKET
Estimated value
$6,180,000
Commercial real estate
2570 Riverside Pkwy, Lawrenceville, GA 30046-3339
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US22-1640720
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2006
Construction
WOOD
Total area
32,713 SF
Lot
7.55 ac (328,878 SF)
Zoning code
OI-OFFICE-INSTITUTIONAL
APN
7-007 -062
UPID
US22-1640720
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
-
Gwinnett County Board-Health: Hofer Lloyd M MD Pediatrician Medical Clinic
-
District 3-4 Public Health Public Health Department
-
East Metro Health District Public Health Department
-
Gwinnett County District Office County Government Office
-
Bates Carmen L Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.12M
Comparable Approach
Comparable
$6.78M
Blend (final)
Blend
$6.18M
Owner & transaction history
Lilburn Dev Partners LLC · 20 yrs held
Lilburn Dev Partners LLC
since 2005
2 recorded transactions
Zoning & alternative use
OI-OFFICE-INSTITUTIONAL · Lawrenceville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$8.8M
+23.7%
Neighborhood: shopping center
$8.6M
+20.6%
Office building
$8.0M
+11.7%
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%
$6,625,000
6.5%
$6,115,000
7%
$5,680,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$7,145,000
Current use
RETAIL STORES
$8,835,000
Change: +24% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$8,620,000
Change: +21% · Conversion: Difficult
OFFICE BUILDING
$7,985,000
Change: +12% · Conversion: Easy
Blend value · Realmo final
$6.18M
Range $5.56M – $6.80M · ±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
$189 / 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
Assessed value
$5,619,120
Assessed 2023
Previous assessed
$5,619,120
+0.0% YoY
Assessed land
$920,840
Assessed improvement
$4,698,280
Land market value
$2,302,100
Improvement market value
$11,745,700
Total market value
$14,047,800
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2006
Construction
WOOD
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Total area
32,713 SF
Lot
7.55 ac (328,878 SF)
Zoning code
OI-OFFICE-INSTITUTIONAL
APN
7-007 -062
UPID
US22-1640720
Jurisdiction
GWINNETT
Zoning & alternative use
OI-OFFICE-INSTITUTIONAL · Lawrenceville, GA
Zoning OI-OFFICE-INSTITUTIONAL · permitted uses
OI-OFFICE-INSTITUTIONAL · 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
COMMERCIAL (GENERAL) Current
Est. value
$7.1M
RETAIL STORES
Est. value
$8.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.6M
OFFICE BUILDING
Est. value
$8.0M
COMMERCIAL (GENERAL) Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
2006
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
7.55 ac
Current owner
From public records · entity-resolved
Lilburn Dev Partners LLC
Entity
Mailing address
PO BOX 897, LAWRENCEVILLE, GA 30046-0897
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 29, 2005
$773,500
Lilburn Dev Partners LLC
Punch Ltd
Grant Deed
$5,100,000 · First Nat'l Bk/barnesville
Jul 29, 2005
—
Downtown Dev Authority Of Lawrencev
Lilburn Dev Partners LLC
Grant Deed
related
$5,463,291 · De Lage Landen Public Finance
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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