Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,620,000
Medical Office Space
301 Philip Blvd Lawrenceville, GA 30046-8745
Entity Owned
4-yr Hold
Free & Clear
Property ID
US22-1476066
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2007
Construction
WOOD
Total area
10,920 SF
Lot
2.36 ac (102,802 SF)
Zoning code
OI-OFFICE-INSTITUTIONAL
APN
7-009 -047
UPID
US22-1476066
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
-
Cameron Edward C MD Physician
-
Adam J. Weinberg, MD Physician
-
Abigail Huerta Physician
-
Tram Dang, PA-C Physician
-
Karine Gelin Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.15M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.91M
Blend (final)
Blend
$5.62M
Owner & transaction history
Arhc Aglawga01 LLC · 4 yrs held
Arhc Aglawga01 LLC
since 2022
Last sale
$5.3M
7 recorded transactions
Zoning & alternative use
OI-OFFICE-INSTITUTIONAL · Lawrenceville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.2M
+42.5%
Auto repair, garage
$4.9M
+34.8%
Apartment house (5+ units)
$3.9M
+6.3%
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
$6,375,000
ML approach
$6,150,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$3,620,000
Current use
RESTAURANT
$5,160,000
Change: +43% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,880,000
Change: +35% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,850,000
Change: +6% · Conversion: Moderate
Blend value · Realmo final
$5.62M
Range $5.06M – $6.18M · ±10% · vs last sale $5.33M (Jun 24 2022)
Last sale anchor
$5.33M
Jun 24 2022
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
$515 / 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
$25,012
Tax year 2023
Assessed value
$2,130,000
Assessed 2023
Previous assessed
$2,130,000
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$141,120
Assessed improvement
$1,988,880
Land market value
$352,800
Improvement market value
$4,972,200
Total market value
$5,325,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2007
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
1
Total area
10,920 SF
Lot
2.36 ac (102,802 SF)
Zoning code
OI-OFFICE-INSTITUTIONAL
APN
7-009 -047
UPID
US22-1476066
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
MEDICAL BUILDING Current
Est. value
$3.6M
RESTAURANT
Est. value
$5.2M
AUTO REPAIR, GARAGE
Est. value
$4.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.9M
MEDICAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
2007
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.36 ac
Current owner
From public records · entity-resolved
Arhc Aglawga01 LLC
Entity
Free & Clear · 4 yrs held
Mailing address
38 WASHINGTON SQ, NEWPORT, RI 02840-2946
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2023
—
Arhc Aglawga01 LLC
—
Deed
related
$240,000,000 · Key Bank
Jun 24, 2022
$5,325,000
Arhc Aglawga01 LLC
Imperial Properties LLC
Warranty Deed
—
Feb 28, 2008
$4,500,000
Imperial Properties LLC
Aga Venture IV LLC
Grant Deed
—
Jul 26, 2007
$500,000
Aga Venture IV LLC
Moss,raymond R
Grant Deed
$1,800,000 · Signature Bank Of Georgia
Jul 25, 2007
$500,000
Aga Venture IV LLC
Brown,w Steven
Grant Deed
$1,800,000 · Signature Bank
Jun 28, 2007
—
W Steven Brown
Brown,w Steven
Quit Claim Deed
related
—
Jun 18, 2007
—
W Steven Brown
Sterne Agee Leach INC
Grant Deed
related
—
Jul 7, 2005
$98,500
Raymond R Moss
Moss,raymond R
Grant Deed
related
—
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 301 Philip Blvd?
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.
