New search
Property profile & analytics
OFF-MARKET
Estimated value
$83,680,000
High-rise multifamily apartments
3605 Steve Reynolds Blvd Duluth, GA 30096
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-3012857
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
2021
Construction
WOOD
Lot
9.53 ac (415,127 SF)
Zoning code
AB3
APN
6-208 -034
UPID
US22-3012857
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$83.68M
Owner & transaction history
Lyra By Radius LLC · 3 yrs held
Lyra By Radius LLC
since 2022
Last sale
$71.3M
7 recorded transactions
Zoning & alternative use
AB3 · Duluth, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$335,997
Tax year 2023
Assessed value
$27,087,000
Assessed 2023
Previous assessed
$27,087,000
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$699,760
Assessed improvement
$26,387,240
Land market value
$1,749,400
Improvement market value
$65,968,100
Total market value
$67,717,500
Applied tax rate
1.0000
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
2021
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
1
Lot
9.53 ac (415,127 SF)
Zoning code
AB3
APN
6-208 -034
UPID
US22-3012857
Jurisdiction
GWINNETT
Zoning & alternative use
AB3 · Duluth, GA
Zoning AB3 · permitted uses
AB3 · 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.
Building & site characteristics
From public records
Year built
2021
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
9.53 ac
Current owner
From public records · entity-resolved
Lyra By Radius LLC
Entity
Mailing address
3560 LENOX RD NE STE #2625, ATLANTA, GA 30326-4335
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2022
$71,250,000
Lyra By Radius LLC
Crp Tp Gwinnett Owner LLC
Limited Warranty Deed
$42,750,000 · Berkeley Point Capital
Jan 28, 2021
—
Crp Of Tp Gwinnett Owner LLC
Steve Reynolds Associates Ll
Quit Claim Deed
related
—
Jan 28, 2021
$4,332,000
Crp Of Tp Gwinnett Owner LLC
Steve Reynolds Associates Ll
Grant Deed
$30,875,553 · Santander Bk NA
Jun 9, 2015
$120,000
Mde Holdings LLC
Steve Reynolds Associates LLC
Grant Deed
related
—
Mar 10, 2015
$702,000
Steve Reynolds Associates LLC
Oro Ents INC
Grant Deed
—
Mar 10, 2015
$25,800
Steve Reynolds Associates LLC
Ahn,christina & Cindy
Grant Deed
—
Mar 10, 2015
$76,800
Steve Reynolds Associates LLC
Ehcc LLC
Grant Deed
—
Dec 27, 2012
$954,580
Acadia R/e Holdings LLC
Apek Invs LLC
Trustees Deed
related
—
Mar 26, 2010
—
Sang K Pyun
Pyun,jae H
Quit Claim Deed
related
—
Jun 23, 2005
—
Oro Ents INC
Trackmar Corp
Quit Claim Deed
related
—
Jun 23, 2005
$2,500,000
Oro Ents INC
Trackmar Corp
Grant Deed
—
—
—
Oro Ents INC
—
Deed Of Trust
related
$1,500,000 · Flag Bank
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 3605 Steve Reynolds 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.
