Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,395,000
Warehouses
2991 Cole Ct Norcross, GA 30071-2179
Individually Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0159446
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1987
Total area
12,600 SF
Lot
2.2 ac (95,832 SF)
Zoning code
M1-LIGHT INDUSTRY
APN
R6255 180
UPID
US22-0159446
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
-
Peachtree Corners Self Storage Storage Facility
-
Ismael hydraulic repair Hardware & Home Improvement General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.40M
Owner & transaction history
Peachtree Corners Storage Conc · 10 yrs held
Peachtree Corners Storage Conc
since 2016
7 recorded transactions
Zoning & alternative use
M1-LIGHT 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,845,000
Current use
Blend value · Realmo final
$1.40M
Range $1.26M – $1.53M · ±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
$111 / 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
$20,480
Tax year 2024
Assessed value
$2,539,480
Assessed 2024
Previous assessed
$640,000
+296.8% YoY
Effective rate
0.81%
On assessed value
Assessed land
$172,480
Assessed improvement
$2,367,000
Land market value
$431,200
Improvement market value
$5,917,500
Total market value
$6,348,700
Applied tax rate
9.0000
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1987
Heating
NONE
Cooling
NONE
Buildings
4
Stories
1
Total area
12,600 SF
Lot
2.2 ac (95,832 SF)
Zoning code
M1-LIGHT INDUSTRY
APN
R6255 180
UPID
US22-0159446
Jurisdiction
GWINNETT
Zoning & alternative use
M1-LIGHT INDUSTRY · Norcross, GA
Zoning M1-LIGHT INDUSTRY · permitted uses
M1-LIGHT 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.8M
WAREHOUSE, STORAGE Current
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
1987
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Lot
2.2 ac
Current owner
From public records · entity-resolved
Peachtree Corners Storage Conc
Individual
Mailing address
4863 RIVERHILL RD NE, MARIETTA, GA 30068-4854
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
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 27, 2017
—
Peachtree Corners Storage Conc
—
Deed
related
$982,800 · Radius Bank
Feb 29, 2016
$1,400,000
Peachtree Corners Storage Conc
Peachtree Corners Self Storage
Grant Deed
related
—
Aug 6, 2013
—
Corners Self Storage Peachtree
Cbna-ga LLC
Quit Claim Deed
related
$831,215 · Ameris Bank
Aug 6, 2013
$825,000
Corners Self Storage Peachtree
Cbna-ga LLC
Grant Deed
—
Jul 17, 2013
—
Cbna-ga LLC
Certusbank NA
Quit Claim Deed
related
—
May 4, 2010
—
First Georgia Banking Co
First Georgia Banking Co
Quit Claim Deed
related
—
Apr 9, 2009
—
Reno Properties LLC
—
Loan Modification
related
$1,397,857 · First Georgia Banking Co
Jan 19, 2007
$998,000
Reno Properties LLC
Team Properties INC
Warranty Deed
$1,311,845 · First Georgia Banking Co
—
—
Reno Properties LLC
—
Loan Modification
related
$1,397,857 · First Georgia Banking Co
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2991 Cole Ct?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
