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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Residential income homes
4353 Redgate Rd Norcross, GA 30093-3313
Individually Owned
4-yr Hold
Property ID
US22-4225851
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1984
Construction
WOOD
Total area
4,800 SF
Lot
0.51 ac (22,216 SF)
Zoning code
RM8-MULTI-FAM RES
APN
6-184 -093
UPID
US22-4225851
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$365k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$772k
Blend (final)
Blend
$555k
Owner & transaction history
Hai Vo · 4 yrs held
Hai Vo
since 2021
Last sale
$640,000
7 recorded transactions
Zoning & alternative use
RM8-MULTI-FAM RES · 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
$365,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$645,000
Current use
Blend value · Realmo final
$555k
Range $500k – $611k · ±10% · vs last sale $640k (Oct 28 2021)
Last sale anchor
$640k
Oct 28 2021
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 2023Property tax & assessments
Tax year 2023
Tax billed
$10,343
Tax year 2023
Assessed value
$256,000
Assessed 2023
Previous assessed
$256,000
+0.0% YoY
Effective rate
4.04%
On assessed value
Assessed land
$89,600
Assessed improvement
$166,400
Land market value
$224,000
Improvement market value
$416,000
Total market value
$640,000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1984
Construction
WOOD
Heating
FORCED AIR
Cooling
NONE
Stories
2
Units
4
Total area
4,800 SF
Lot
0.51 ac (22,216 SF)
Zoning code
RM8-MULTI-FAM RES
APN
6-184 -093
UPID
US22-4225851
Jurisdiction
GWINNETT
Zoning & alternative use
RM8-MULTI-FAM RES · Norcross, GA
Zoning RM8-MULTI-FAM RES · permitted uses
RM8-MULTI-FAM RES · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$645,000
APARTMENT HOUSE (5+ UNITS) Current
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
1984
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
4
Lot
0.51 ac
Current owner
From public records · entity-resolved
Hai Vo
Individual
Mailing address
4353 REDGATE RD, NORCROSS, GA 30093-3313
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2021
$640,000
Hai Vo
Bruce Xu
Warranty Deed
$480,000 · Better Mortgage Isaoa
Jan 29, 2021
—
Bruce Xu
—
Deed
related
$320,000 · Amerisave Mortgage
May 9, 2019
—
Bruce Xu
—
Deed
related
$322,500 · Provident Funding
Jul 28, 2011
$105,000
Xiaosong Liu
Bank Of Ny 2006-23cb
Grant Deed
—
Apr 27, 2011
$308,656
Bank Of Ny 2006-23cb Tr
Ung,tri
Trustees Deed
related
—
Jun 2, 2006
$370,000
Tri Ung
Mcdowell,harry L
Warranty Deed
$296,000 · Countrywide Home Loans INC
May 30, 2006
$370,000
Tri Ung
Mcdowell,harry L
Grant Deed
—
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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