Back to Search
Property profile & analytics
OFF-MARKET
Office Spaces
5400 Laurel Spgs Pkwy Ste 702 Suwanee, GA 30024-6084
Entity Owned
2-yr Hold
Free & Clear
Property ID
US22-4731622
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2004
Total area
1,344 SF
Lot
0.17 ac (7,405 SF)
Zoning code
CBD
APN
138 489
UPID
US22-4731622
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Shree Real Estate Developers LLC · 2 yrs held
Shree Real Estate Developers LLC
since 2024
Last sale
$304,000
6 recorded transactions
Zoning & alternative use
CBD · Suwanee, 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 Suwanee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Suwanee 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,176
Tax year 2024
Assessed value
$88,720
Assessed 2024
Previous assessed
$88,720
+0.0% YoY
Effective rate
2.45%
On assessed value
Assessed land
$24,000
Assessed improvement
$64,720
Land market value
$60,000
Improvement market value
$161,800
Total market value
$221,800
Applied tax rate
1.0000
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2004
Heating
NONE
Units
1
Total area
1,344 SF
Lot
0.17 ac (7,405 SF)
Zoning code
CBD
APN
138 489
UPID
US22-4731622
Jurisdiction
FORSYTH
Zoning & alternative use
CBD · Suwanee, GA
Zoning CBD · permitted uses
CBD · Suwanee, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Suwanee. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Heating
NONE
Units
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Shree Real Estate Developers LLC
Entity
Free & Clear · 2 yrs held
Mailing address
5400 LAUREL SPGS PKWY, SUWANEE, GA 30024-6056
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2024
$304,000
Shree Real Estate Developers LLC
Naam Software Services LLC
Warranty Deed
—
Oct 24, 2023
$230,000
Naam Software Services LLC
Rrfi LLC
Warranty Deed
$130,000 · Northeast Georgia Bank
Sep 20, 2013
$158,000
Rrei LLC
Grenon,david
Warranty Deed
—
Apr 4, 2011
$126,000
David Grenon
Darnell,paul A
Warranty Deed
—
Nov 16, 2007
$217,500
Paul A Darnell
Mry Properties LLC
Warranty Deed
$189,269 · First National Bank Forsyth
Jul 23, 2004
$166,900
Mry Properties LLC
Gates At Laurel Springs LLC
Grant Deed
$135,200 · National Bank Commerce Tr & Sa
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 5400 Laurel Spgs Pkwy Ste, Unit 702?
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.
