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

    3335 Medlock Brg Rd Norcross, GA 30092

    • Investment properties
    • 1,500 SF
    • 2.07 lot acres
    OFF-MARKET
    Value Estimations
    $250,000
    Show details
    Cap Rate Potential
    7.5%
    Investment properties
    Location Intelligence
    Property ID
    US22-1646395
    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

    • Investment properties

    Property Details for 3335 Medlock Brg Rd

    Year built
    1952
    Construction
    WOOD
    Lot size
    2.07 lot acres
    Property size
    1,500 SF
    Zone code
    C2-GENERAL BUSINESS
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    6-286 -004
    APU
    6286004

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $240,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $305,000
      6.5%
      $280,000
      7%
      $260,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $233,000
      Market price range: $66.1k - $245k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $390,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $395,000
      Change: +1% Conversion: Difficult
      OFFICE BUILDING
      $365,000
      Change: -6% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Norcross
    County
    Gwinnett
    State
    Georgia
    Longitude
    -84.209
    Latitude
    33.9653
    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
    $4,263
    $31,560
    $101,240
    $132,800
    -
    $78,900
    $253,100
    $332,000

    Comparable in this City

    • Value Estimation
      $265,000
      1,920 SF

      3936 Holcomb Brg Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,920 SF
      3936 Holcomb Brg Rd, Peachtree Corners, GA 30092-2206
      View Details
    • Value Estimation
      $235,000
      1,984 SF

      3415 Holcomb Brg Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,984 SF
      3415 Holcomb Brg Rd, Peachtree Corners, GA 30092-3102
      View Details
    • Value Estimation
      $190,000
      1,981 SF

      5128 Old Peachtree Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,981 SF
      5128 Old Peachtree Rd, Peachtree Corners, GA 30092-3004
      View Details
    • Value Estimation by Request
      1,250 SF

      Jimmy Carter Blvd Atlanta Rd

      Investment properties • 1,250 SF
      0 Jimmy Carter Blvd Atlanta Rd, Norcross, GA 30092
      View Details
    • Value Estimation by Request
      2,000 SF

      5170 Town Ctr Blvd

      Restaurants • 2,000 SF
      5170 Town Ctr Blvd, Peachtree Corners, GA 30092
      View Details
    • Value Estimation
      $550,000
      4,608 SF

      6479 Parton Ct

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,608 SF
      6479 Parton Ct, Peachtree Corners, GA 30092-7130
      View Details

    Similar Nearby for Sale

    • $399,000
      1.65 Acres

      Berkeley Lake Commercial Land

      1.65 Acres, $399,000, OI Zoning
      4723 Peachtree Industrial Blvd, Berkeley Lake, GA 30092
      View Details
    • Contact for pricing
      0.03 Acres

      Peachtree Corners Office For Lease

      Versatile office space in a sought-after professional office park.
      3790 Holcomb Bridge Rd, Peachtree Corners, GA 30092
      View Details
    • Contact for pricing
      8,064 SF

      Renovated Office Space Available

      Recently renovated office property with flexible leasing options.
      4047 Holcomb Bridge Rd, Norcross, GA 30092
      View Details
    • $274,900

      Move-In Ready Condo Near Forum

      Well-maintained condo with modern amenities and convenient location.
      507 Peachtree Forest Ter, Peachtree Corners, GA 30092
      View Details
    • $335,000
      1,242 SF

      Peachtree Corners Office Building

      Versatile office space in a sought-after professional office park.
      3790 Holcomb Bridge Rd, Peachtree Corners, GA 30092
      View Details
    • $250,000
      1.20 Acres

      Prime Peachtree Corners Office Land

      1.2-acre office development site in Norcross, GA
      5585 Peachtree Pkwy, Peachtree Corners, GA 30092
      View Details

    Similar Nearby for Lease

    • $56 SF/Yr
      20,604 SF

      Peachtree Corners Office Suites

      Modern Executive Offices, Coworking Spaces
      5051 Peachtree Corners Rd, Norcross, GA 30092
      View Details
    • Contact for pricing
      106,292 SF

      Peachtree Corners Retail Center

      Prime Retail Space Available in Gwinnett County
      7050 Jimmy Carter Blvd, Peachtree Corners, GA 30092
      View Details
    • Contact for pricing
      10,640 SF

      Smithpointe Office Park: Norcross, GA

      Executive Suites & Office Space Available
      6251 Smithpointe Dr, Norcross, GA 30092
      View Details
    • $16 SF/Yr
      574 SF

      Upscale Peachtree Corners Office Suite

      Executive Office Space, Coworking Ready
      4015 Wetherburn Way Unit, Peachtree Corners, GA 30092
      View Details
    • $15 SF/Yr
      41,607 SF

      Berkeley Lake Office Space Available

      Partially open, fully built-out office space for rent.
      4755 Peachtree Industrial Blvd, Berkeley Lake, GA 30092
      View Details
    • Contact for pricing
      17,000 SF

      Peachtree Corners Office Space Available

      Office space for rent in Peachtree Corners, Georgia.
      3240-3260 Pointe Pkwy, Peachtree Corners, GA 30092
      View Details
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    3335 Medlock Brg Rd
    Norcross, GA 30092
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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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