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Property profile & analytics
OFF-MARKET
Estimated value
$8,410,000
Warehouses
3240 Smt Rdg Pkwy Duluth, GA 30096
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-4743237
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Year built
1986
Total area
14,000 SF
Lot
6.18 ac (269,201 SF)
Zoning code
M2-HEAVY INDUSTRY
APN
R6266 046
UPID
US22-4743237
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.47M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.15M
Blend (final)
Blend
$8.41M
Owner & transaction history
Tl Atlanta Summit Ridge Spv LLC · 3 yrs held
Tl Atlanta Summit Ridge Spv LLC
since 2022
Last sale
$8.5M
3 recorded transactions
Zoning & alternative use
M2-HEAVY INDUSTRY · Duluth, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$11.3M
+234.7%
Office building
$9.0M
+166.1%
Apartment house (5+ units)
$6.4M
+90.6%
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 Duluth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Duluth 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
$11,470,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$11,315,000
Change: +235% · Conversion: Difficult
OFFICE BUILDING
$8,995,000
Change: +166% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$6,445,000
Change: +91% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,255,000
Change: +85% · Conversion: Easy
Blend value · Realmo final
$8.41M
Range $7.57M – $9.25M · ±10% · vs last sale $8.51M (Aug 10 2022)
Last sale anchor
$8.51M
Aug 10 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
$601 / 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
$16,896
Tax year 2024
Assessed value
$1,142,920
Assessed 2024
Previous assessed
$528,000
+116.5% YoY
Effective rate
1.48%
On assessed value
Assessed land
$457,320
Assessed improvement
$685,600
Land market value
$1,143,300
Improvement market value
$1,714,000
Total market value
$2,857,300
Applied tax rate
4.0000
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
1986
Heating
NONE
Cooling
NONE
Stories
1
Total area
14,000 SF
Lot
6.18 ac (269,201 SF)
Zoning code
M2-HEAVY INDUSTRY
APN
R6266 046
UPID
US22-4743237
Jurisdiction
GWINNETT
Zoning & alternative use
M2-HEAVY INDUSTRY · Duluth, GA
Zoning M2-HEAVY INDUSTRY · permitted uses
M2-HEAVY INDUSTRY · Duluth, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Duluth. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$11.3M
OFFICE BUILDING
Est. value
$9.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.4M
AUTO REPAIR, GARAGE
Est. value
$6.3M
COMMERCIAL (GENERAL)
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
1986
Heating
NONE
Cooling
Yes
Stories
1
Lot
6.18 ac
Current owner
From public records · entity-resolved
Tl Atlanta Summit Ridge Spv LLC
Entity
Mailing address
9355 WILSHIRE BLVD STE #350, BEVERLY HILLS, CA 90210-5438
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 10, 2022
$8,507,076
Tl Atlanta Summit Ridge Spv LLC
Infrastructure Property Holdings II
Limited Warranty Deed
$27,000,000 · Valley National Bank
Jun 16, 2020
—
Infrastructure Prop Hldgs II L
Meridian Brick LLC
Quit Claim Deed
related
$1,200,000 · Southcrest Bk
Jun 16, 2020
$1,700,000
Infrstructure Prop Hldgs II Ll
Meridian Brick LLC
Grant 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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