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Property profile & analytics
OFF-MARKET
Estimated value
$1,915,000
Medical Office Space
3975 Lawrenceville NW Hwy, Lilburn, GA 30047-2817
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-2454293
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1993
Construction
WOOD
Total area
10,414 SF
Lot
0.93 ac (40,511 SF)
Zoning code
M1-LIGHT INDUSTRY
APN
6-150 -116
UPID
US22-2454293
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
-
Dr. Kenneth R. Neufeld, MD Ophthalmologist
-
Dr. Gary Pence Physician
-
Alla Goldberg Ophthalmologist
-
Dr. Jerry Berland Ophthalmologist
-
Dr. David Sackel Ophthalmologist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.92M
CAP Approach
CAP
$2.33M
Comparable Approach
Comparable
$2.33M
Blend (final)
Blend
$1.92M
Owner & transaction history
Mmac Pix2 Atlanta Eye Spe LLC · 2 yrs held
Mmac Pix2 Atlanta Eye Spe LLC
since 2024
Last sale
$1.9M
6 recorded transactions
Zoning & alternative use
M1-LIGHT INDUSTRY · Lilburn, 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 Lilburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lilburn 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
$1,915,000
ML approach
$1,915,000
CAP Approach
CAP Return
Estimation
6%
$2,515,000
6.5%
$2,325,000
7%
$2,155,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,815,000
Change: -16% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,745,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.92M
Range $1.72M – $2.11M · ±10% · vs last sale $1.91M (May 24 2024)
Last sale anchor
$1.91M
May 24 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
$184 / 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
$18,685
Tax year 2023
Assessed value
$560,400
Assessed 2023
Previous assessed
$560,400
+0.0% YoY
Effective rate
3.33%
On assessed value
Assessed land
$115,000
Assessed improvement
$445,400
Land market value
$287,500
Improvement market value
$1,113,500
Total market value
$1,401,000
Applied tax rate
7.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1993
Construction
WOOD
Heating
FORCED AIR
Cooling
NONE
Stories
2
Total area
10,414 SF
Lot
0.93 ac (40,511 SF)
Zoning code
M1-LIGHT INDUSTRY
APN
6-150 -116
UPID
US22-2454293
Jurisdiction
GWINNETT
Zoning & alternative use
M1-LIGHT INDUSTRY · Lilburn, GA
Zoning M1-LIGHT INDUSTRY · permitted uses
M1-LIGHT INDUSTRY · Lilburn, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lilburn. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$2.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.7M
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1993
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
0.93 ac
Current owner
From public records · entity-resolved
Mmac Pix2 Atlanta Eye Spe LLC
Entity
Mailing address
3975 LAWRENCEVILLE HWY NW, LILBURN, GA 30047-2817
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2024
—
Mmac Pix2 Atlanta Eye Spe LLC
Aew Partners Real Estate Fund Ix LP
Quit Claim Deed
related
$50,000 · Capital One
Dec 1, 2023
—
Mmac Pix2 Atlanta Eye Spe LLC
Teg Lilburn LLC
Quit Claim Deed
related
—
Dec 1, 2023
$1,912,733
Mmac Pix2 Atlanta Eye Spe LLC
Teg Lilburn LLC
Warranty Deed
$959,366 · Aew Partners Real Estate Fund Ix
Nov 26, 2014
—
Teg Lilburn LLC
Thomas Eye Medical Properties
Grant Deed
related
$960,000 · United Cmnty Bk
Apr 17, 2007
$1,725,000
Thomas Eye Medical Properties
Gwinnett Medical Properties
Grant Deed
related
$1,250,000 · Suntrust Bank NA
—
—
Thomas Eye Medical Props LLC
—
Deed Of Trust
related
$1,088,393 · Suntrust Bank NA
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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