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Property profile & analytics
OFF-MARKET
Estimated value
$2,585,000
Theaters & concert halls
329 Grayson Hwy Lawrenceville, GA 30046-7176
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US22-1337821
Property profile
Verified
Property type
Theaters & concert halls
Use group
AUDITORIUM
Year built
1972
Total area
53,289 SF
Lot
7.76 ac (338,026 SF)
Zoning code
RM8-MULTI-FAM RES
APN
5-141 -133
UPID
US22-1337821
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
-
Praise Community Church Church
-
Praise Community Daycare and Preschool Daycare Center
-
Arms of Love Church Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.59M
Owner & transaction history
Lawrenceville Land Holdings LLC · 4 yrs held
Lawrenceville Land Holdings LLC
since 2022
5 recorded transactions
Zoning & alternative use
RM8-MULTI-FAM RES · Lawrenceville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.9M
+28.4%
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
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
THEATER (MOVIE)
$3,025,000
Current use
AUTO REPAIR, GARAGE
$3,885,000
Change: +28% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,485,000
Change: -18% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,435,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$2.59M
Range $2.33M – $2.84M · ±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
$49 / 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
Assessed value
$13,178,560
Assessed 2023
Previous assessed
$13,178,560
+0.0% YoY
Assessed land
$1,638,920
Assessed improvement
$11,539,640
Land market value
$4,097,300
Improvement market value
$28,849,100
Total market value
$32,946,400
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
Theaters & concert halls
Use group
AUDITORIUM
Status
Off-Market
Year built
1972
Heating
NONE
Cooling
NONE
Buildings
6
Stories
1
Total area
53,289 SF
Lot
7.76 ac (338,026 SF)
Zoning code
RM8-MULTI-FAM RES
APN
5-141 -133
UPID
US22-1337821
Jurisdiction
GWINNETT
Zoning & alternative use
RM8-MULTI-FAM RES · Lawrenceville, GAZoning RM8-MULTI-FAM RES · permitted uses
RM8-MULTI-FAM RES · Lawrenceville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
THEATER (MOVIE) Current
Est. value
$3.0M
AUTO REPAIR, GARAGE
Est. value
$3.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.5M
INDUSTRIAL (GENERAL)
Est. value
$2.4M
THEATER (MOVIE) Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
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
1972
Heating
NONE
Cooling
Yes
Stories
1
Buildings
6
Lot
7.76 ac
Current owner
From public records · entity-resolved
Lawrenceville Land Holdings LLC
Entity
Mailing address
PO BOX 615, LAWRENCEVILLE, GA 30046-0615
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 27, 2022
$1,255,549
Lawrenceville Land Holdings LLC
Church God Lawrenceville
Limited Warranty Deed
—
—
—
Lawrenceville Church Of God
—
Deed Of Trust
related
$4,200,000 · Suntrust Bank NA
—
—
Lawrenceville Church Of God
—
Deed Of Trust
related
$3,479,248 · Citizens Trust Bank
—
—
Lawrenceville Church Of God Trust
—
Deed Of Trust
related
$3,100,000 · Smartbank
—
—
Lawrenceville Church Of God
—
Deed Of Trust
related
$200,000 · Smartbank
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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