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Property profile & analytics
OFF-MARKET
Estimated value
$8,105,000
Warehouses
535 Seaboard Industrial Dr Lawrenceville, GA 30046-4603
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0084627
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Year built
2017
Total area
41,514 SF
Lot
11.41 ac (497,020 SF)
Zoning code
HM-HEAVY MANUFACTURING
APN
R5178 002B
UPID
US22-0084627
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
-
Minor Carriers Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.34M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.24M
Blend (final)
Blend
$8.11M
Owner & transaction history
Osi 535 Seaboard Blvd LLC · 4 yrs held
Osi 535 Seaboard Blvd LLC
since 2022
Last sale
$7.9M
3 recorded transactions
Zoning & alternative use
HM-HEAVY MANUFACTURING · Lawrenceville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$11.2M
+63.6%
Neighborhood: shopping center
$10.9M
+59.5%
Office building
$10.1M
+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
$9,490,000
ML approach
$8,340,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$6,855,000
Current use
RETAIL STORES
$11,215,000
Change: +64% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$10,940,000
Change: +60% · Conversion: Moderate
OFFICE BUILDING
$10,130,000
Change: +48% · Conversion: Difficult
Blend value · Realmo final
$8.11M
Range $7.29M – $8.92M · ±10% · vs last sale $7.93M (Apr 20 2022)
Last sale anchor
$7.93M
Apr 20 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
$195 / 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
$37,888
Tax year 2024
Assessed value
$2,354,320
Assessed 2024
Previous assessed
$1,184,000
+98.8% YoY
Effective rate
1.61%
On assessed value
Assessed land
$421,640
Assessed improvement
$1,932,680
Land market value
$1,054,100
Improvement market value
$4,831,700
Total market value
$5,885,800
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
2017
Heating
NONE
Cooling
NONE
Buildings
5
Stories
1
Total area
41,514 SF
Lot
11.41 ac (497,020 SF)
Zoning code
HM-HEAVY MANUFACTURING
APN
R5178 002B
UPID
US22-0084627
Jurisdiction
GWINNETT
Zoning & alternative use
HM-HEAVY MANUFACTURING · Lawrenceville, GA
Zoning HM-HEAVY MANUFACTURING · permitted uses
HM-HEAVY 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
$6.9M
RETAIL STORES
Est. value
$11.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$10.9M
OFFICE BUILDING
Est. value
$10.1M
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
2017
Heating
NONE
Cooling
Yes
Stories
1
Buildings
5
Lot
11.41 ac
Current owner
From public records · entity-resolved
Osi 535 Seaboard Blvd LLC
Entity
Mailing address
800 BRICKELL AVE STE #904, MIAMI, FL 33131-2966
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 20, 2022
$7,925,000
Osi 535 Seaboard Blvd LLC
Southwaste Partners LLC
Warranty Deed
$500,000,000 · Bawag Psk Bank Fur Arbeit Und Wirts
—
—
Southwaste Partners LLC
—
Deed Of Trust
related
$596,426 · Independence Bank Fsb
—
—
Southwaste Partners LLC
—
Deed Of Trust
related
$536,426 · Independence Bank Of Ga
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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