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Property profile & analytics
OFF-MARKET
Estimated value
$8,150,000
Warehouses
390 Pike St Lawrenceville, GA 30046-3210
Entity Owned
2-yr Hold
Free & Clear
Property ID
US22-1717754
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Year built
1999
Total area
31,440 SF
Lot
4.97 ac (216,493 SF)
Zoning code
LM-LIGHT MANUFACTURING
APN
R5143 303
UPID
US22-1717754
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
-
Air Connections Inc Hardware & Home Improvement HVAC Service
-
Forklift Academy Vocational School Training Center
-
JN Audio and Video Inc. Electronics & Wireless Store Big Box & Wholesale Store
-
SP Sign Manufacturers (Bike/Boat/Book/etc) Store Printing Service
-
Clutch Man Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.15M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.15M
Owner & transaction history
Ocp Buford Pike LLC · 2 yrs held
Ocp Buford Pike LLC
since 2024
Last sale
$8.2M
5 recorded transactions
Zoning & alternative use
LM-LIGHT MANUFACTURING · Lawrenceville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$11.1M
+113.4%
Medical building
$10.4M
+100.7%
Retail stores
$8.5M
+63.6%
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 Lawrenceville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lawrenceville 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
$8,150,000
ML approach
$8,150,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$5,195,000
Current use
APARTMENT HOUSE (5+ UNITS)
$11,085,000
Change: +113% · Conversion: Difficult
MEDICAL BUILDING
$10,425,000
Change: +101% · Conversion: Difficult
RETAIL STORES
$8,495,000
Change: +64% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$8,285,000
Change: +60% · Conversion: Moderate
OFFICE BUILDING
$7,675,000
Change: +48% · Conversion: Difficult
Blend value · Realmo final
$8.15M
Range $7.34M – $8.97M · ±10% · vs last sale $8.15M (Mar 20 2024)
Last sale anchor
$8.15M
Mar 20 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
$259 / 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
$40,425
Tax year 2024
Assessed value
$1,263,280
Assessed 2024
Previous assessed
$1,370,000
-7.8% YoY
Effective rate
3.20%
On assessed value
Assessed land
$198,640
Assessed improvement
$1,064,640
Land market value
$496,600
Improvement market value
$2,661,600
Total market value
$3,158,200
Applied tax rate
6.0000
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
1999
Heating
NONE
Cooling
NONE
Buildings
3
Stories
1
Total area
31,440 SF
Lot
4.97 ac (216,493 SF)
Zoning code
LM-LIGHT MANUFACTURING
APN
R5143 303
UPID
US22-1717754
Jurisdiction
GWINNETT
Zoning & alternative use
LM-LIGHT MANUFACTURING · Lawrenceville, GA
Zoning LM-LIGHT MANUFACTURING · permitted uses
LM-LIGHT MANUFACTURING · Lawrenceville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lawrenceville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$5.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$11.1M
MEDICAL BUILDING
Est. value
$10.4M
RETAIL STORES
Est. value
$8.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.3M
OFFICE BUILDING
Est. value
$7.7M
WAREHOUSE, STORAGE Current
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1999
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Lot
4.97 ac
Current owner
From public records · entity-resolved
Ocp Buford Pike LLC
Entity
Free & Clear · 2 yrs held
Mailing address
390 W PO BOX 881ST ST, SCOTTDALE, GA 30079-0881
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 20, 2024
—
Ocp Buford Pike LLC
Warehouse One-pike LLC
Quit Claim Deed
related
—
Mar 20, 2024
$8,150,000
Ocp Buford Pike LLC
Warehouse One-pike LLC
Warranty Deed
—
Nov 26, 2007
$3,150,000
Warehouse One Pike LLC
Nunan,joseph A
Grant Deed
—
Nov 26, 2007
—
Warehouse One Pike LLC
Nunan,joseph A
Grant Deed
related
—
Jan 30, 2004
$3,510,000
Joseph A Nunan
Cornerstone Park Holdings LLC
Grant Deed
$2,800,000 · Citizens & Merchants State Ban
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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