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Property profile & analytics
FOR SALE
Investment properties
400 Lively Ave, Norcross, GA 30071
Entity Owned
2-yr Hold
Free & Clear
Property ID
US22-0685180
For Sale
1 / 8
$875,000
400 Lively Ave, Norcross, GA 30071
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1970
Construction
WOOD
Total area
3,098 SF
Lot
0.68 ac (29,621 SF)
Zoning code
M1-LIGHT INDUSTRY
APN
6-243 -100
UPID
US22-0685180
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
-
Valarda LLC General Contractor
-
Millan Flooring Inc Carpet & Flooring Store Hardware & Home Improvement
-
Rooter ProXpress Plumbing Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$840k
CAP Approach
CAP
$580k
Comparable Approach
Comparable
$975k
Blend (final)
Blend
$840k
Owner & transaction history
Guice At Lively LLC · 2 yrs held
Guice At Lively LLC
since 2024
Last sale
$840,000
5 recorded transactions
Zoning & alternative use
M1-LIGHT INDUSTRY · Norcross, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.4M
+107.4%
Medical building
$990,000
+48.7%
Retail stores
$835,000
+25.4%
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
$840,000
ML approach
$840,000
CAP Approach
CAP Return
Estimation
6%
$625,000
6.5%
$580,000
7%
$540,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$665,000
Current use
AUTO REPAIR, GARAGE
$1,385,000
Change: +107% · Conversion: Difficult
MEDICAL BUILDING
$990,000
Change: +49% · Conversion: Easy
RETAIL STORES
$835,000
Change: +25% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$815,000
Change: +22% · Conversion: Difficult
OFFICE BUILDING
$755,000
Change: +13% · Conversion: Easy
Blend value · Realmo final
$840k
Range $756k – $924k · ±10% · vs last sale $840k (Apr 16 2024)
Last sale anchor
$840k
Apr 16 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
$271 / 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
$7,588
Tax year 2023
Assessed value
$236,400
Assessed 2023
Previous assessed
$236,400
+0.0% YoY
Effective rate
3.21%
On assessed value
Assessed land
$67,720
Assessed improvement
$168,680
Land market value
$169,300
Improvement market value
$421,700
Total market value
$591,000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Sale
Year built
1970
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
1
Rooms
7
Bathrooms
2
Total area
3,098 SF
Lot
0.68 ac (29,621 SF)
Zoning code
M1-LIGHT INDUSTRY
APN
6-243 -100
UPID
US22-0685180
Jurisdiction
GWINNETT
Zoning & alternative use
M1-LIGHT INDUSTRY · Norcross, GA
Zoning M1-LIGHT INDUSTRY · permitted uses
M1-LIGHT INDUSTRY · 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
COMMERCIAL (GENERAL) Current
Est. value
$665,000
AUTO REPAIR, GARAGE
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$990,000
RETAIL STORES
Est. value
$835,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$815,000
OFFICE BUILDING
Est. value
$755,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
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
1970
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Rooms
7
Bathrooms
2
Lot
0.68 ac
Current owner
From public records · entity-resolved
Guice At Lively LLC
Entity
Free & Clear · 2 yrs held
Mailing address
400 LIVELY AVE, NORCROSS, GA 30071-2416
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
Apr 16, 2024
$840,000
Guice At Lively LLC
K & S Atlanta Properties LLC
Warranty Deed
—
Apr 16, 2024
—
Guice At Lively LLC
K & S Atlanta Properties LLC
Quit Claim Deed
related
—
Feb 23, 2018
$139,000
K & S Atlanta Properties LLC
Al-falah Islamic Center INC
Grant Deed
—
Apr 16, 2015
$100,000
Al-falah Islamic Center INC
Taylor,ruth A
Grant Deed
—
Aug 17, 2012
—
Rayford A Taylor
Taylor,rayford A & Ruth A
Quit Claim Deed
related
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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