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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Warehouses
3319 Medlock Brg Rd Norcross, GA 30092-3009
Entity Owned
Free & Clear
Property ID
US22-1793059
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Year built
1983
Total area
1,464 SF
Lot
2.57 ac (111,949 SF)
Zoning code
C2-GENERAL BUSINESS
APN
R6286 003
UPID
US22-1793059
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
-
Bentley's Stone Yard Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$535k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$432k
Blend (final)
Blend
$535k
Owner & transaction history
Lapa Bentley LLC
Lapa Bentley LLC
since 2025
Last sale
$533,000
6 recorded transactions
Zoning & alternative use
C2-GENERAL BUSINESS · Norcross, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$655,000
+166.6%
Medical building
$470,000
+91.1%
Retail stores
$395,000
+61.1%
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 Norcross submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norcross 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
$535,000
ML approach
$535,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$655,000
Change: +167% · Conversion: Easy
MEDICAL BUILDING
$470,000
Change: +91% · Conversion: Difficult
RETAIL STORES
$395,000
Change: +61% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$385,000
Change: +57% · Conversion: Moderate
COMMERCIAL (GENERAL)
$380,000
Change: +56% · Conversion: Difficult
OFFICE BUILDING
$355,000
Change: +46% · Conversion: Difficult
Blend value · Realmo final
$535k
Range $482k – $589k · ±10% · vs last sale $533k (Oct 23 2024)
Last sale anchor
$533k
Oct 23 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
$365 / 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
$3,859
Tax year 2024
Assessed value
$120,600
Assessed 2024
Previous assessed
$120,600
+0.0% YoY
Effective rate
3.20%
On assessed value
Assessed land
$77,560
Assessed improvement
$43,040
Land market value
$193,900
Improvement market value
$107,600
Total market value
$301,500
Applied tax rate
9.0000
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
1983
Heating
YES
Cooling
NONE
Stories
1
Total area
1,464 SF
Lot
2.57 ac (111,949 SF)
Zoning code
C2-GENERAL BUSINESS
APN
R6286 003
UPID
US22-1793059
Jurisdiction
GWINNETT
Zoning & alternative use
C2-GENERAL BUSINESS · Norcross, GA
Zoning C2-GENERAL BUSINESS · permitted uses
C2-GENERAL BUSINESS · Norcross, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Norcross. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$655,000
MEDICAL BUILDING
Est. value
$470,000
RETAIL STORES
Est. value
$395,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$385,000
COMMERCIAL (GENERAL)
Est. value
$380,000
OFFICE BUILDING
Est. value
$355,000
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1983
Heating
YES
Cooling
Yes
Stories
1
Lot
2.57 ac
Current owner
From public records · entity-resolved
Lapa Bentley LLC
Entity
Free & Clear · 0 yrs held
Mailing address
3319 MEDLOCK BRG RD, NORCROSS, GA 30092-3009
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2025
—
Lapa Bentley LLC
Pauline Annette Bentley
Warranty Deed
—
Oct 23, 2024
$533,000
Lapa Bentley LLC
Louis Andrew Bentley
Warranty Deed
$1,948,000 · First Horizon
Oct 23, 2024
—
Tracy Lynne Bentley
Louis Andrew Bentley
Quit Claim Deed
related
—
May 24, 2016
—
Louis A Bentley
Bentley,louis A
Quit Claim Deed
related
—
—
—
Wireless Lease Subsidiary Wcp
—
Deed Of Trust
related
$85,000,000 · Bayerische Hypo-und Vereinsban
—
—
Mw Cell Reit 1 LLC
—
Deed Of Trust
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
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