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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Warehouses
2752 Simpson Cir Norcross, GA 30071-2819
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US22-1831177
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Year built
1979
Total area
7,200 SF
Lot
1.01 ac (43,996 SF)
Zoning code
M2-HEAVY INDUSTRY
APN
R6258 051
UPID
US22-1831177
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
-
Progressive Recycling Recycling Center Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$815k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$610k
Owner & transaction history
Progressive Recycling Investments L · 1 yrs held
Progressive Recycling Investments L
since 2025
7 recorded transactions
Zoning & alternative use
M2-HEAVY INDUSTRY · Norcross, 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 Norcross submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norcross 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%
$880,000
6.5%
$815,000
7%
$755,000
Blend value · Realmo final
$610k
Range $549k – $671k · ±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
$85 / 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
$14,525
Tax year 2024
Assessed value
$387,160
Assessed 2024
Previous assessed
$284,800
+35.9% YoY
Effective rate
3.75%
On assessed value
Assessed land
$176,000
Assessed improvement
$211,160
Land market value
$440,000
Improvement market value
$527,900
Total market value
$967,900
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
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Status
Off-Market
Year built
1979
Heating
YES
Cooling
NONE
Stories
1
Total area
7,200 SF
Lot
1.01 ac (43,996 SF)
Zoning code
M2-HEAVY INDUSTRY
APN
R6258 051
UPID
US22-1831177
Jurisdiction
GWINNETT
Zoning & alternative use
M2-HEAVY INDUSTRY · Norcross, GA
Zoning M2-HEAVY INDUSTRY · permitted uses
M2-HEAVY INDUSTRY · Norcross, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Norcross. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Heating
YES
Cooling
Yes
Stories
1
Lot
1.01 ac
Current owner
From public records · entity-resolved
Progressive Recycling Investments L
Entity
Mailing address
2752 SIMPSON CIR, NORCROSS, GA 30071-2819
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 14, 2025
—
Progressive Recycling Investments L
Progressive Recycling LLC
Warranty Deed
$889,000 · Velocitysba
Apr 2, 2025
—
Progressive Recycling LLC
United States Small Business Admini
Quitclaim Deed
related
—
Oct 5, 2007
—
Simpson Circle LLC
Branch Banking & Trust
Quit Claim Deed
related
—
Oct 2, 2007
$710,000
Progressive Recycling LLC
Simpson Circle LLC
Grant Deed
$436,573 · Quantum National Bank
Sep 28, 2007
$710,000
Progressive Recycling LLC
Simpson Circle LLC
Grant Deed
—
Jan 5, 2005
$400,000
Simpson Circle LLC
Murrath,herbert J
Grant Deed
$360,000 · Branch Banking & Trust Co
—
—
Progressive Recycling LLC
—
Deed Of Trust
related
$436,573 · Quantum National Bank
—
—
Progressive Recycling LLC
—
Deed Of Trust
related
$349,258 · Quantum National Bank
—
—
Progressive Recycling LLC
—
Deed Of Trust
related
$362,000 · Georgia Mountains Regional Eco
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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