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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3090 Buford Hwy Duluth, GA 30096-3394

    • High-rise multifamily apartments
    • 559,887 SF
    • 8.10 lot acres
    OFF-MARKET
    Last Sale
    Sep 24, 2024
    $96,031,696
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1342954
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • High-rise multifamily apartments

    Property Details for 3090 Buford Hwy

    Year built
    2017
    Construction
    WOOD
    Lot size
    8.10 lot acres
    Property size
    559,887 SF
    Zone code
    PUD-PLANNED UNIT DEVELOPM
    Property type
    High-rise multifamily apartments
    APN
    6-293 -123
    APU
    6293123

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      Off market
      ML approach
      Off market

    • CAP approach

      CAP Return
      Estimation
      6%
      $125,360,000
      6.5%
      $115,715,000
      7%
      $107,450,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $77,299,000
      Market price range: $58.8M - $497M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Duluth
    County
    Gwinnett
    State
    Georgia
    Longitude
    -84.1435
    Latitude
    34.0006
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,265,238
    $1,129,080
    $38,286,440
    $39,415,520
    -
    $2,822,700
    $95,716,100
    $98,538,800

    Comparable in this City

    • Value Estimation
      $7,195,000
      23,421 SF

      1500 Boggs Rd

      HIGH-RISE APARTMENTS • 23,421 SF
      1500 Boggs Rd, Duluth, GA 30096-1246
      View Details
    • Value Estimation by Request
      26,920 SF

      2951 Satellite Blvd

      HIGH-RISE APARTMENTS • 26,920 SF
      2951 Satellite Blvd, Duluth, GA 30096-2328
      View Details
    • Value Estimation
      $10,355,000
      10,788 SF

      3441 Fox St

      HIGH-RISE APARTMENTS • 10,788 SF
      3441 Fox St, Duluth, GA 30096-5702
      View Details
    • Value Estimation by Request
      42,372 SF

      2110 Preston Park Dr

      HIGH-RISE APARTMENTS • 42,372 SF
      2110 Preston Park Dr, Duluth, GA 30096-8830
      View Details
    • Value Estimation by Request
      17,744 SF

      3925 Satellite Blvd

      HIGH-RISE APARTMENTS • 17,744 SF
      3925 Satellite Blvd, Duluth, GA 30096-5061
      View Details
    • Value Estimation
      $565,000
      3,114 SF

      3032 Buford Hwy

      HIGH-RISE APARTMENTS • 3,114 SF
      3032 Buford Hwy, Duluth, GA 30096
      View Details

    Similar Nearby for Sale

    • $639,900
      Pending

      Charming Downtown Duluth Bungalow Cottage

      Renovated bungalow near Town Green with a separate one-bedroom apartment.
      3607 W Lawrenceville St, Duluth, GA 30096
      View Details
    • $325,000
      0.30 Acres

      Charming Ranch Home Near Downtown

      Well-maintained ranch home near vibrant downtown Duluth, Georgia.
      3653 North St, Duluth, GA 30096
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    • $325,000
      0.30 Acres

      Charming Ranch Home Near Downtown

      Updated ranch home near vibrant downtown Duluth, a prime location.
      3653 North St, Duluth, GA 30096
      View Details
    • $249,900

      Duluth Condo with Renovated Kitchen

      Condo in Duluth, close to shopping and Hwy 85.
      4096 Stillwater Dr, Duluth, GA 30096
      View Details
    • $289,900
      0.03 Acres

      Duluth Office Space: Prime Location

      Modern Office Suite, Ready to Occupy
      3460 Summit Ridge Pkwy, Duluth, GA 30096
      View Details
    • Contact for pricing
      53,156 SF

      Single Story Flex Space Available

      Flex space with convenient access to I-85 and GA 316.
      3075 Breckinridge Blvd, Duluth, GA 30096
      View Details

    Similar Nearby for Lease

    • $2,200 /Mo
      1,902 SF

      Spacious Home Near I-85

      Four-bedroom home with new floors, deck, and convenient location.
      3915 Howell Park Rd, Duluth, GA 30096
      View Details
    • $2,200 /Mo
      1,708 SF

      Spacious Townhome with Private Backyard

      Move-in ready townhome with modern features and convenient location.
      2390 Elkhorn Ter, Duluth, GA 30096
      View Details
    • $1,900 /Mo

      Updated Home in Duluth Community

      Move-in ready home with community amenities near shopping and dining.
      4141 Paddington Dr, Duluth, GA 30096
      View Details
    • Contact for pricing
      31,198 SF

      Gwinnett County Office Campus

      Prime Office Space Available, I-85 Access
      3100 Breckinridge Blvd, Duluth, GA 30096
      View Details
    • Contact for pricing
      59,959 SF

      Prime Duluth Office/Warehouse Space

      59,959 SF, 4,697 SF Available
      3400 Corporate Way, Duluth, GA 30096
      View Details
    • Contact for pricing
      3 SF

      Fenced and Graveled Storage Land

      3.34 acres of fenced, graveled land with 6,100 SF shop.
      2725 Keystone Ct, Duluth, GA 30096
      View Details
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    3090 Buford Hwy
    Duluth, GA 30096-3394
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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