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Property profile & analytics
OFF-MARKET
Estimated value
$770,000
Grocery and convenience stores
3415 Medlock Brg Rd Norcross, GA 30092-2630
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US22-0116134
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1963
Total area
1,932 SF
Lot
0.41 ac (17,860 SF)
Zoning code
C1-NBHD BUSINESS
APN
6-286 -011
UPID
US22-0116134
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
-
Exxon Gas Station
-
ATM (ATM Link, Inc.) Atm
-
Krispy Kruchy Chicken Restaurant
-
Athena Bitcoin ATM Atm Crypto Atm
-
Sams Food Mart Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$970k
CAP Approach
CAP
$480k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$770k
Owner & transaction history
Sky Properties Sawja LLC · 5 yrs held
Sky Properties Sawja LLC
since 2020
Last sale
$700,000
2 recorded transactions
Zoning & alternative use
C1-NBHD BUSINESS · Norcross, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$865,000
+69.6%
Medical building
$620,000
+21.6%
Retail stores
$520,000
+2.5%
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
by Request
ML approach
$970,000
CAP Approach
CAP Return
Estimation
6%
$515,000
6.5%
$480,000
7%
$445,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$510,000
Current use
AUTO REPAIR, GARAGE
$865,000
Change: +70% · Conversion: Difficult
MEDICAL BUILDING
$620,000
Change: +22% · Conversion: Difficult
RETAIL STORES
$520,000
Change: +3% · Conversion: Easy
COMMERCIAL (GENERAL)
$505,000
Change: -1% · Conversion: Easy
OFFICE BUILDING
$470,000
Change: -7% · Conversion: Moderate
Blend value · Realmo final
$770k
Range $693k – $847k · ±10% · vs last sale $700k (Dec 31 2020)
Last sale anchor
$700k
Dec 31 2020
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
$399 / 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
$10,272
Tax year 2023
Assessed value
$320,000
Assessed 2023
Previous assessed
$320,000
+0.0% YoY
Effective rate
3.21%
On assessed value
Assessed land
$40,600
Assessed improvement
$279,400
Land market value
$101,500
Improvement market value
$698,500
Total market value
$800,000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1963
Heating
YES
Cooling
NONE
Stories
1
Bathrooms
1
Total area
1,932 SF
Lot
0.41 ac (17,860 SF)
Zoning code
C1-NBHD BUSINESS
APN
6-286 -011
UPID
US22-0116134
Jurisdiction
GWINNETT
Zoning & alternative use
C1-NBHD BUSINESS · Norcross, GA
Zoning C1-NBHD BUSINESS · permitted uses
C1-NBHD 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$510,000
AUTO REPAIR, GARAGE
Est. value
$865,000
MEDICAL BUILDING
Est. value
$620,000
RETAIL STORES
Est. value
$520,000
COMMERCIAL (GENERAL)
Est. value
$505,000
OFFICE BUILDING
Est. value
$470,000
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
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
1963
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.41 ac
Current owner
From public records · entity-resolved
Sky Properties Sawja LLC
Entity
Mailing address
6000 LIVE OAK PKWY STE 107A, NORCROSS, GA 30093-1732
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
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
Dec 31, 2020
$700,000
Sky Properties Sawja LLC
Sm Sraddha Properties LLC
Grant Deed
$630,000 · Platinum FCU
—
—
Sm Sraddha Properties LLC
—
Deed Of Trust
related
$250,000 · Next Level Petroleum LLC
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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