New search
Property profile & analytics
OFF-MARKET
Estimated value
$8,650,000
Grocery and convenience stores
4650 Jimmy Carter Blvd, Norcross, GA 30093-3761
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US22-1987747
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1988
Total area
98,350 SF
Lot
9.86 ac (429,502 SF)
Zoning code
C2-GENERAL BUSINESS
APN
6-164 -246
UPID
US22-1987747
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
-
Value Pawn & Jewelry Discount Store (Bike/Boat/Book/etc) Store
-
World of Computers Computer & Electronic Repair
-
Merchants square Nightclub Theater & Performing Art Venue
-
Fusion Barbershop Barber Shop
-
Lazeez Tava Fry Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.34M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.65M
Owner & transaction history
Retail Shopping Center LLC · 5 yrs held
Retail Shopping Center LLC
since 2021
Last sale
$9.5M
7 recorded transactions
Zoning & alternative use
C2-GENERAL BUSINESS · 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
$9,340,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.65M
Range $7.79M – $9.52M · ±10% · vs last sale $9.50M (Jun 1 2021)
Last sale anchor
$9.50M
Jun 1 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
$88 / 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
$151,545
Tax year 2023
Assessed value
$3,800,000
Assessed 2023
Previous assessed
$3,800,000
+0.0% YoY
Effective rate
3.99%
On assessed value
Assessed land
$901,960
Assessed improvement
$2,898,040
Land market value
$2,254,900
Improvement market value
$7,245,100
Total market value
$9,500,000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1988
Heating
YES
Cooling
NONE
Buildings
2
Stories
1
Total area
98,350 SF
Lot
9.86 ac (429,502 SF)
Zoning code
C2-GENERAL BUSINESS
APN
6-164 -246
UPID
US22-1987747
Jurisdiction
GWINNETT
Zoning & alternative use
C2-GENERAL BUSINESS · Norcross, GA
Zoning C2-GENERAL BUSINESS · permitted uses
C2-GENERAL BUSINESS · 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
1988
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
9.86 ac
Current owner
From public records · entity-resolved
Retail Shopping Center LLC
Entity
Mailing address
3540 MOYE TRL, DULUTH, GA 30097-6216
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2021
—
Retail Shopping Center LLC
—
Deed
related
$7,600,000 · Providence Bank
Jun 1, 2021
$9,500,000
Retail Shopping Center LLC
Ms Square LLC
Limited Warranty Deed
$7,600,000 · Providence Bank
Feb 5, 2020
—
Ms Square LLC
—
Deed
related
$3,500,000 · Promiseone Bk
Nov 18, 2019
—
Ms Square LLC
—
Deed
related
$2,700,000 · Promiseone Bk
Aug 15, 2019
—
Ms Square LLC
—
Deed
related
$2,700,000 · Promiseone Bk
Feb 21, 2018
—
Ms Square LLC
—
Deed
related
$2,700,000 · Noa Bk
Dec 29, 2011
$3,850,000
Midtown Trust
Merchants Square Invs LLC
Grant Deed
—
Dec 29, 2011
$4,340,000
Ms Square LLC
Midtown Trust
Grant Deed
$2,700,000 · Noa Bk
—
—
Ms Square LLC
—
Loan Modification
related
$2,700,000 · Promiseone Bk
—
—
Ms Square LLC
—
Loan Modification
related
$2,700,000 · Promiseone Bk
—
—
Ms Square LLC
—
Loan Modification
related
$3,500,000 · Promiseone Bk
—
—
Ms Square LLC
—
Loan Modification
related
$2,700,000 · Noa Bk
—
—
Ms Square LLC
—
Loan Modification
related
$2,700,000 · Noa Bk
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4650 Jimmy Carter Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
