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Property profile & analytics
OFF-MARKET
Estimated value
$5,750,000
Warehouses
415 Horizon Dr Suwanee, GA 30024-3186
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US22-2482442
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Year built
2007
Total area
33,575 SF
Lot
8.57 ac (373,309 SF)
Zoning code
M1-LIGHT INDUSTRY
APN
R7150 356
UPID
US22-2482442
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
-
Georgia Arson Control Fire Station
-
GUA Home Insurance Agency
-
ABATIX Building Supply General Contractor
-
Heritage Werks Business Management Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.75M
CAP Approach
CAP
$3.79M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.75M
Owner & transaction history
Horizon & Green Pointe Investors Ll · 1 yrs held
Horizon & Green Pointe Investors Ll
since 2024
Last sale
$5.8M
7 recorded transactions
Zoning & alternative use
M1-LIGHT INDUSTRY · Suwanee, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$9.1M
+40.9%
Neighborhood: shopping center
$8.8M
+37.4%
Commercial (general)
$8.6M
+33.3%
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 Suwanee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Suwanee 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
$5,750,000
ML approach
$5,750,000
CAP Approach
CAP Return
Estimation
6%
$4,110,000
6.5%
$3,790,000
7%
$3,520,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$6,440,000
Current use
RETAIL STORES
$9,070,000
Change: +41% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$8,845,000
Change: +37% · Conversion: Moderate
COMMERCIAL (GENERAL)
$8,585,000
Change: +33% · Conversion: Difficult
Blend value · Realmo final
$5.75M
Range $5.18M – $6.33M · ±10% · vs last sale $5.75M (Aug 5 2024)
Last sale anchor
$5.75M
Aug 5 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
$171 / 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
$115,075
Tax year 2024
Assessed value
$3,164,200
Assessed 2024
Previous assessed
$1,897,600
+66.7% YoY
Effective rate
3.64%
On assessed value
Assessed land
$708,240
Assessed improvement
$2,455,960
Land market value
$1,770,600
Improvement market value
$6,139,900
Total market value
$7,910,500
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
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Status
Off-Market
Year built
2007
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Total area
33,575 SF
Lot
8.57 ac (373,309 SF)
Zoning code
M1-LIGHT INDUSTRY
APN
R7150 356
UPID
US22-2482442
Jurisdiction
GWINNETT
Zoning & alternative use
M1-LIGHT INDUSTRY · Suwanee, GA
Zoning M1-LIGHT INDUSTRY · permitted uses
M1-LIGHT INDUSTRY · Suwanee, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Suwanee. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$6.4M
RETAIL STORES
Est. value
$9.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.8M
COMMERCIAL (GENERAL)
Est. value
$8.6M
WAREHOUSE, STORAGE Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
2007
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
8.57 ac
Current owner
From public records · entity-resolved
Horizon & Green Pointe Investors Ll
Individual
Mailing address
415 HORIZON DR, SUWANEE, GA 30024-3186
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2024
$5,750,000
Horizon & Green Pointe Investors Ll
Glenridge LLC
Warranty Deed
$6,000,000 · Empower Life And Annuity Insurance
Aug 5, 2024
—
Horizon & Green Pointe Investors Ll
Glenridge LLC
Quit Claim Deed
related
—
Jul 29, 2024
$2,205,709
2800 Horizon Ridge LLC
Glenridge LLC
Warranty Deed
—
Jul 29, 2024
—
2800 Horizon Ridge LLC
Glenridge LLC
Quit Claim Deed
related
—
Jan 19, 2016
$5,600,000
Glenridge LLC
Maxey Group IV LLC
Grant Deed
—
Jan 19, 2016
—
Glenridge LLC
Maxey Group IV LLC
Quit Claim Deed
related
—
Nov 1, 2005
$397,800
Maxey Group IV LLC
Duke Const
Grant Deed
related
—
—
—
Maxey Group IV LLC
—
Deed Of Trust
related
$5,200,000 · Charter One Mortgage Corp
—
—
Maxey Group IV LLC
—
Deed Of Trust
related
$5,200,000 · Charter 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.
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