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Property profile & analytics
OFF-MARKET
Estimated value
$6,670,000
Distribution centers
4261 Communications Dr, Norcross, GA 30093-2923
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US22-4695654
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1980
Total area
57,256 SF
Lot
3.24 ac (141,134 SF)
Zoning code
M1-LIGHT INDUSTRY
APN
R6201 043
UPID
US22-4695654
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
-
Young Corporation Interior Design Hardware & Home Improvement
-
ASTERA KITCHEN AND BATH General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.47M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.67M
Owner & transaction history
Young Georgia Properties LLC · 9 yrs held
Young Georgia Properties LLC
since 2017
7 recorded transactions
Zoning & alternative use
M1-LIGHT INDUSTRY · Norcross, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$7,005,000
6.5%
$6,465,000
7%
$6,005,000
Blend value · Realmo final
$6.67M
Range $6.00M – $7.34M · ±10%
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
$116 / 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
$74,519
Tax year 2024
Assessed value
$3,386,920
Assessed 2024
Previous assessed
$2,036,400
+66.3% YoY
Effective rate
2.20%
On assessed value
Assessed land
$381,080
Assessed improvement
$3,005,840
Land market value
$952,700
Improvement market value
$7,514,600
Total market value
$8,467,300
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1980
Heating
FORCED AIR
Cooling
NONE
Stories
1
Total area
57,256 SF
Lot
3.24 ac (141,134 SF)
Zoning code
M1-LIGHT INDUSTRY
APN
R6201 043
UPID
US22-4695654
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.
Building & site characteristics
From public records
Year built
1980
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
3.24 ac
Current owner
From public records · entity-resolved
Young Georgia Properties LLC
Entity
Mailing address
4261 COMMUNICATIONS DR, NORCROSS, GA 30093-2923
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 17, 2025
—
Young Georgia Properties LLC
—
Deed
related
$6,672,500 · Bank Of America
May 22, 2017
$3,509,200
Young Georgia Properties LLC
Reem Alrejjal LLC
Grant Deed
$1,775,000 · Metro Cty Bk
May 22, 2017
—
Young Georgia Properties LLC
Reem Alrejjal LLC
Quit Claim Deed
related
—
Aug 26, 2014
$2,125,000
Reem Alrejjal LLC
Poundex Furniture INC
Grant Deed
—
Aug 26, 2014
—
Reem Alrejjal LLC
Poundex Furniture INC
Quit Claim Deed
related
$1,700,000 · Branch Bk&tr
—
—
Poundex Furniture INC
—
Deed Of Trust
related
$1,161,146 · Cathay Bank
—
—
Poundex,furniture INC
—
Deed Of Trust
related
$2,904,270 · Cathay Bank
—
—
Poundex Furniture INC
—
Deed Of Trust
related
$2,904,274 · Cathay 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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