New search
Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Banks
3552 Satellite Blvd, Duluth, GA 30096
Entity Owned
2-yr Hold
Free & Clear
Property ID
US22-0115633
Property summary
AI-generated overview
This exceptional 1.11-acre parcel located at 3552 Satellite Blvd, Duluth, GA 30096 presents a prime redevelopment opportunity. The 6,866 square foot building, previously used as a drive-up ATM, sits vacant and is ready for transformation. Boasting a highly visible location at the signalized intersection of Satellite Boulevard and Pleasant Hill Road, this property benefits from over 50,000 vehicles per day on Pleasant Hill Road, a major thoroughfare in the Gwinnett Place retail corridor. Its proximity to I-85 (with an average daily traffic count of 238,972 vehicles) further enhances its accessibility and visibility. The C-3 Highway Business District zoning allows for a wide range of commercial uses, including restaurants, medical facilities, animal care, daycare centers, home improvement stores, gas stations, and automotive parts/service businesses. This site is an outparcel to the Gwinnett Place Mall, currently undergoing redevelopment by Gwinnett County, promising long-term value appreciation. The strong demographics, with over 250,000 residents within a 5-mile radius, support a variety of potential uses, making this an attractive infill opportunity. The property is available for sale or lease.
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1997
Construction
WOOD
Total area
1,016 SF
Lot
1.11 ac (48,352 SF)
Zoning code
C3-CENTRAL BUS -DACULA-03
APN
6-232 -015
UPID
US22-0115633
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
-
Bank of America ATM (Drive-thru) Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$685k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$627k
Blend (final)
Blend
$655k
Owner & transaction history
Salmon Property Investments LLC · 2 yrs held
Salmon Property Investments LLC
since 2023
3 recorded transactions
Zoning & alternative use
C3-CENTRAL BUS -DACULA-03 · Duluth, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$820,000
+91.0%
Office building
$655,000
+51.9%
Auto repair, garage
$455,000
+5.6%
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
$685,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$430,000
Current use
COMMERCIAL (GENERAL)
$820,000
Change: +91% · Conversion: Difficult
OFFICE BUILDING
$655,000
Change: +52% · Conversion: Difficult
AUTO REPAIR, GARAGE
$455,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$655k
Range $590k – $721k · ±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
$645 / 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
$12,104
Tax year 2023
Assessed value
$267,080
Assessed 2023
Previous assessed
$267,080
+0.0% YoY
Effective rate
4.53%
On assessed value
Assessed land
$115,640
Assessed improvement
$151,440
Land market value
$289,100
Improvement market value
$378,600
Total market value
$667,700
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1997
Construction
WOOD
Heating
FORCED AIR
Cooling
NONE
Stories
1
Total area
1,016 SF
Lot
1.11 ac (48,352 SF)
Zoning code
C3-CENTRAL BUS -DACULA-03
APN
6-232 -015
UPID
US22-0115633
Jurisdiction
GWINNETT
Zoning & alternative use
C3-CENTRAL BUS -DACULA-03 · Duluth, GA
Zoning C3-CENTRAL BUS -DACULA-03 · permitted uses
C3-CENTRAL BUS -DACULA-03 · 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
FINANCIAL BUILDING Current
Est. value
$430,000
COMMERCIAL (GENERAL)
Est. value
$820,000
OFFICE BUILDING
Est. value
$655,000
AUTO REPAIR, GARAGE
Est. value
$455,000
FINANCIAL BUILDING Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1997
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.11 ac
Current owner
From public records · entity-resolved
Salmon Property Investments LLC
Entity
Free & Clear · 2 yrs held
Mailing address
3552 SATELLITE BLVD, DULUTH, GA 30096
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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
Nov 3, 2023
—
Salmon Property Investments LLC
Wade Exchange Properties LLC
Warranty Deed
—
Apr 11, 2023
$1,200,000
Wade Exchange Properties LLC
Satellite Development Partners LLC
Warranty Deed
—
Nov 1, 2021
$1,000,000
Kls Investments 786 LLC
Bank Of America National Associatio
Limited Warranty 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3552 Satellite Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
