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Property profile & analytics
OFF-MARKET
Estimated value
$1,745,000
Warehouses
48 Industrial Park Cir Lawrenceville, GA 30046-4601
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-4306593
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Year built
1998
Total area
10,000 SF
Lot
0.93 ac (40,511 SF)
Zoning code
LM-LIGHT MANUFACTURING
APN
R5175 082
UPID
US22-4306593
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
-
Cardinal Grave Services Social Service Agency
-
Top Notch Collision Auto Repair Shop
-
A&M Auto, Truck and Off-Road Auto Repair Shop Vehicle Inspection Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.19M
CAP Approach
CAP
$1.13M
Comparable Approach
Comparable
$1.24M
Blend (final)
Blend
$1.75M
Owner & transaction history
Alnajar Collision LLC · 3 yrs held
Alnajar Collision LLC
since 2022
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
LM-LIGHT MANUFACTURING · Lawrenceville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.7M
+63.6%
Neighborhood: shopping center
$2.6M
+59.5%
Office building
$2.4M
+47.8%
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 Lawrenceville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lawrenceville 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
$2,215,000
ML approach
$2,190,000
CAP Approach
CAP Return
Estimation
6%
$1,225,000
6.5%
$1,130,000
7%
$1,050,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,650,000
Current use
RETAIL STORES
$2,700,000
Change: +64% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$2,635,000
Change: +60% · Conversion: Moderate
OFFICE BUILDING
$2,440,000
Change: +48% · Conversion: Difficult
Blend value · Realmo final
$1.75M
Range $1.57M – $1.92M · ±10% · vs last sale $1.85M (Nov 30 2022)
Last sale anchor
$1.85M
Nov 30 2022
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
$175 / 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
$11,341
Tax year 2024
Assessed value
$354,400
Assessed 2024
Previous assessed
$354,400
+0.0% YoY
Effective rate
3.20%
On assessed value
Assessed land
$141,600
Assessed improvement
$212,800
Land market value
$354,000
Improvement market value
$532,000
Total market value
$886,000
Applied tax rate
6.0000
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
1998
Heating
NONE
Cooling
NONE
Stories
1
Total area
10,000 SF
Lot
0.93 ac (40,511 SF)
Zoning code
LM-LIGHT MANUFACTURING
APN
R5175 082
UPID
US22-4306593
Jurisdiction
GWINNETT
Zoning & alternative use
LM-LIGHT MANUFACTURING · Lawrenceville, GA
Zoning LM-LIGHT MANUFACTURING · permitted uses
LM-LIGHT MANUFACTURING · Lawrenceville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lawrenceville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.7M
RETAIL STORES
Est. value
$2.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.6M
OFFICE BUILDING
Est. value
$2.4M
WAREHOUSE, STORAGE Current
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
1998
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.93 ac
Current owner
From public records · entity-resolved
Alnajar Collision LLC
Entity
Mailing address
48 INDUSTRIAL PARK CIR, LAWRENCEVILLE, GA 30046-4601
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Nov 30, 2022
$1,850,000
Alnajar Collision LLC
Top Notch Collision Incorporated
Warranty Deed
$1,730,000 · Signature Bank
Apr 11, 2016
$625,000
Top Notch Collision INC
Bird Dog Warehouse LLC
Grant Deed
$610,000 · Private Individual
Mar 30, 2009
$475,000
Bird Dog Warehouse LLC
Ups,capital Business Cr
Grant Deed
—
Jul 9, 2008
$630,000
Ups Capital Business Credit
Hardy Street Acquisition LLC
Trustees Deed
related
—
Jul 1, 2008
—
Capital Business Cr Ups
Hardy,street Acquisition L
Grant Deed
related
—
Feb 15, 2005
$627,777
Joseph J Sofet
R Lastinger Properties LLC
Grant Deed
$575,000 · Peachtree Bank
—
—
Bird Dog Warehouse LLC
—
Deed Of Trust
related
$380,000 · Independence Bank Of Georgia
—
—
Bird Dog Warehouse LLC
—
Deed Of Trust
related
$336,787 · Independence Bank Fsb
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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