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Property profile & analytics
OFF-MARKET
Estimated value
$2,100,000
Medical Office Space
310 Philip Blvd Lawrenceville, GA 30046-8700
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0926413
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1999
Construction
WOOD
Total area
6,681 SF
Lot
0.75 ac (32,670 SF)
Zoning code
BG-GENERAL BUSINESS
APN
7-009 -078
UPID
US22-0926413
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
-
Joseph A. Frysz Jr, PT Physician
-
Sykora Erin C Physician
-
Care Minders Home Care Home Health Care Service Health
-
Shah Pediatrics Inc: Shah Taru N MD Pediatrician Medical Clinic
-
Dr. May Hawawini, MD Pediatrician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.10M
CAP Approach
CAP
$1.49M
Comparable Approach
Comparable
$2.18M
Blend (final)
Blend
$2.10M
Owner & transaction history
Varg Holdings Of Lawrenceville LLC · 1 yrs held
Varg Holdings Of Lawrenceville LLC
since 2024
Last sale
$2.1M
2 recorded transactions
Zoning & alternative use
BG-GENERAL BUSINESS · Lawrenceville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.2M
+42.5%
Auto repair, garage
$3.0M
+34.8%
Apartment house (5+ units)
$2.4M
+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
$2,100,000
ML approach
$2,100,000
CAP Approach
CAP Return
Estimation
6%
$1,615,000
6.5%
$1,490,000
7%
$1,385,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,215,000
Current use
RESTAURANT
$3,155,000
Change: +43% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,985,000
Change: +35% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,355,000
Change: +6% · Conversion: Moderate
RETAIL STORES
$1,805,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$2.10M
Range $1.89M – $2.31M · ±10% · vs last sale $2.10M (Oct 7 2024)
Last sale anchor
$2.10M
Oct 7 2024
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
$314 / 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
$16,050
Tax year 2023
Assessed value
$500,000
Assessed 2023
Previous assessed
$500,000
+0.0% YoY
Effective rate
3.21%
On assessed value
Assessed land
$114,400
Assessed improvement
$385,600
Land market value
$286,000
Improvement market value
$964,000
Total market value
$1,250,000
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
1999
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
1
Total area
6,681 SF
Lot
0.75 ac (32,670 SF)
Zoning code
BG-GENERAL BUSINESS
APN
7-009 -078
UPID
US22-0926413
Jurisdiction
GWINNETT
Zoning & alternative use
BG-GENERAL BUSINESS · Lawrenceville, GA
Zoning BG-GENERAL BUSINESS · permitted uses
BG-GENERAL BUSINESS · 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
$2.2M
RESTAURANT
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$3.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.4M
RETAIL STORES
Est. value
$1.8M
MEDICAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
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
1999
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.75 ac
Current owner
From public records · entity-resolved
Varg Holdings Of Lawrenceville LLC
Entity
Mailing address
3146 BAGLEY PSGE, DULUTH, GA 30097-4398
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Oct 7, 2024
$2,100,000
Varg Holdings Of Lawrenceville LLC
Navin B Shah
Warranty Deed
$1,600,000 · Tarunbala N Shah
Jul 24, 2024
$315,000
Vasudev Honnappagowda
Tarunbala N Shah
Warranty Deed
—
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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