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Property profile & analytics
OFF-MARKET
Estimated value
$1,030,000
Drive through restaurants
5297 Jimmy Carter Blvd Norcross, GA 30093-1602
Entity Owned
3-yr Hold
Free & Clear
Property ID
US22-1164298
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1976
Total area
2,720 SF
Lot
0.56 ac (24,394 SF)
Zoning code
C2-GENERAL BUSINESS
APN
6-190 -052
UPID
US22-1164298
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
$1.14M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$913k
Blend (final)
Blend
$1.03M
Owner & transaction history
Singleton Development Partners LLC · 3 yrs held
Singleton Development Partners LLC
since 2023
Last sale
$1.0M
3 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
$1,085,000
ML approach
$1,140,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,415,000
Current use
AUTO REPAIR, GARAGE
$1,215,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$1.03M
Range $927k – $1.13M · ±10% · vs last sale $1.00M (Jul 13 2023)
Last sale anchor
$1.00M
Jul 13 2023
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
$379 / 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
$11,174
Tax year 2023
Assessed value
$260,000
Assessed 2023
Previous assessed
$260,000
+0.0% YoY
Effective rate
4.30%
On assessed value
Assessed land
$104,000
Assessed improvement
$156,000
Land market value
$260,000
Improvement market value
$390,000
Total market value
$650,000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1976
Heating
FORCED AIR
Cooling
NONE
Stories
1
Total area
2,720 SF
Lot
0.56 ac (24,394 SF)
Zoning code
C2-GENERAL BUSINESS
APN
6-190 -052
UPID
US22-1164298
Jurisdiction
GWINNETT
Zoning & alternative use
C2-GENERAL BUSINESS · Norcross, GAZoning 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
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.2M
RESTAURANT Current
AUTO REPAIR, GARAGE
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
1976
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.56 ac
Current owner
From public records · entity-resolved
Singleton Development Partners LLC
Entity
Free & Clear · 3 yrs held
Mailing address
5297 JIMMY CARTER BLVD, NORCROSS, GA 30093-1602
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2024
—
Singleton Development Partners
—
Deed
related
$2,400,000 · Georgia Primary Bank
Jul 13, 2023
$1,000,000
Singleton Development Partners LLC
Charaniya Marketing Group LLC
Warranty Deed
—
Nov 15, 2021
$1,575,000
Singleton Development Partners LLC
Wen Four Foods INC
Warranty 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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