Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,545,000
Warehouses
5211 Jimmy Carter Blvd Norcross, GA 30093-1626
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US22-1618649
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Year built
2001
Total area
10,700 SF
Lot
1.78 ac (77,537 SF)
Zoning code
C2-GENERAL BUSINESS
APN
R6190 057
UPID
US22-1618649
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
-
glassserviceinc General Contractor Renovation Specialist
-
O.S. best deals bins Discount Store
-
James Furniture & Mattress Deals Furniture & Home Goods Home Decor Store
-
American Title Loans Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.21M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.55M
Owner & transaction history
Sirat Properties LLC · 1 yrs held
Sirat Properties LLC
since 2025
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
C2-GENERAL BUSINESS · Norcross, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.5M
+4.0%
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%
$1,310,000
6.5%
$1,210,000
7%
$1,120,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,370,000
Current use
COMMERCIAL (GENERAL)
$2,465,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$1.55M
Range $1.39M – $1.70M · ±10% · vs last sale $2.15M (Dec 31 2024)
Last sale anchor
$2.15M
Dec 31 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
$144 / 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
$9,853
Tax year 2024
Assessed value
$584,800
Assessed 2024
Previous assessed
$790,400
-26.0% YoY
Effective rate
1.68%
On assessed value
Assessed land
$152,440
Assessed improvement
$432,360
Land market value
$381,100
Improvement market value
$1,080,900
Total market value
$1,462,000
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
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Status
Off-Market
Year built
2001
Heating
YES
Cooling
NONE
Buildings
2
Stories
1
Total area
10,700 SF
Lot
1.78 ac (77,537 SF)
Zoning code
C2-GENERAL BUSINESS
APN
R6190 057
UPID
US22-1618649
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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.4M
COMMERCIAL (GENERAL)
Est. value
$2.5M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
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
2001
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
1.78 ac
Current owner
From public records · entity-resolved
Sirat Properties LLC
Entity
Mailing address
PO BOX 70, DOUGLASVILLE, GA 30133-0070
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2025
$2,150,000
Sirat Properties LLC
5211 Jimmy Carter Blvd LLC
Warranty Deed
$1,720,000 · Platinum Federal Credit Union
Nov 25, 2013
$650,000
5211 Jimmy Carter Blvd LLC
Woodlands One LLC
Grant Deed
$350,000 · Woodlands One LLC
Jul 5, 2012
$375,000
Woodlands One LLC
Atlas Ga III Spe LLC
Grant Deed
—
Jul 12, 2011
$1,000,000
Atlas Ga III Spe LLC
S & N Property Group LLC
Trustees Deed
—
Jun 10, 2011
$1,000,000
Atlas Ga III Spe LLC
S & N Property Group LLC
Trustees Deed
—
Sep 1, 2006
—
Gwinnett County
Shuan Yuan Corp
Grant Deed
related
—
May 3, 2005
—
S & N Property Group LLC
Lovell,son H
Quit Claim Deed
related
$1,370,000 · Main Street Bank
—
—
5211 Jimmy Carter Blvd LLC
—
Deed Of Trust
related
$490,000 · Hamilton St Bk
—
—
5211 Jimmy Carter Blvd LLC
—
Deed Of Trust
related
$490,000 · Highland Com'l 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 5211 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.
