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Property profile & analytics
FOR LEASE
Warehouses
485 Buford Dr Lawrenceville, GA 30046
Entity Owned
2-yr Hold
Free & Clear
Property ID
US22-0872272
For Lease
1 / 2
$17.08 SF/Yr
485 Buford Dr, Lawrenceville, GA 30046
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Property summary
AI-generated overview
This Gwinnett County industrial property at 485 Buford Drive in Lawrenceville, GA (zip code 30046) offers 66,400 square feet of flexible warehouse space across two single-story buildings. Built in 1998, this Class C property sits on 5.24 acres and is zoned LM. The property features multiple tenancies with a minimum divisible space of 1,000 square feet
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Year built
1998
Total area
42,200 SF
Lot
5.24 ac (228,254 SF)
Zoning code
LM-LIGHT MANUFACTURING
APN
R5176 055
UPID
US22-0872272
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
-
Southeast Janitorial Supplies | www.southeastjanitorialsupplies.com Big Box & Wholesale Store Building Supply
-
HP Home Improvements llc Construction Company
-
Greenlee Plumbing Inc Plumbing Service General Contractor
-
Furniture Repair Renovation Specialist Hardware & Home Improvement
-
Rodriguez MMA Gym & Fitness Center Sports School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.15M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.15M
Owner & transaction history
Ocp Buford Pike LLC · 2 yrs held
Ocp Buford Pike LLC
since 2024
Last sale
$8.2M
2 recorded transactions
Zoning & alternative use
LM-LIGHT MANUFACTURING · Lawrenceville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$11.4M
+63.6%
Neighborhood: shopping center
$11.1M
+59.5%
Office building
$10.3M
+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
$8,150,000
ML approach
$8,150,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$6,970,000
Current use
RETAIL STORES
$11,400,000
Change: +64% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$11,120,000
Change: +60% · Conversion: Moderate
OFFICE BUILDING
$10,300,000
Change: +48% · Conversion: Difficult
Blend value · Realmo final
$8.15M
Range $7.34M – $8.97M · ±10% · vs last sale $8.15M (Mar 20 2024)
Last sale anchor
$8.15M
Mar 20 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
$193 / 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
$38,400
Tax year 2024
Assessed value
$1,200,000
Assessed 2024
Previous assessed
$1,314,000
-8.7% YoY
Effective rate
3.20%
On assessed value
Assessed land
$226,360
Assessed improvement
$973,640
Land market value
$565,900
Improvement market value
$2,434,100
Total market value
$3,000,000
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
For Lease
Year built
1998
Heating
YES
Cooling
NONE
Buildings
3
Stories
1
Rooms
4
Bathrooms
1
Total area
42,200 SF
Lot
5.24 ac (228,254 SF)
Zoning code
LM-LIGHT MANUFACTURING
APN
R5176 055
UPID
US22-0872272
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
$7.0M
RETAIL STORES
Est. value
$11.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$11.1M
OFFICE BUILDING
Est. value
$10.3M
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
YES
Cooling
Yes
Stories
1
Buildings
3
Rooms
4
Bathrooms
1
Lot
5.24 ac
Current owner
From public records · entity-resolved
Ocp Buford Pike LLC
Entity
Free & Clear · 2 yrs held
Mailing address
485 PO BOX 881ST DR, SCOTTDALE, GA 30079-0881
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 20, 2024
$8,150,000
Ocp Buford Pike LLC
Warehouse One-lawrenceville Ll
Warranty Deed
—
Mar 20, 2024
—
Ocp Buford Pike LLC
Warehouse One-lawrenceville Ll
Quit Claim Deed
related
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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