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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5405 Buford Hwy Norcross, GA 30071-3984

    • Warehouses
    • 117,716 SF
    • 18.53 lot acres
    OFF-MARKET
    Value Estimations
    $10,775,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-0868931
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Atlanta Meat Co / Meat Wholesaler
    • Wheel-1 Inc / Tire Shop
    • BNM Wholesale / Wholesaler
    • Dogwood Fabrics / Fabric Wholesaler
    • Access - Scanning, Records Storage, and Document Management / Records Storage Facility / Data Recovery Service

    Property Details for 5405 Buford Hwy

    Year built
    1989
    Lot size
    18.53 lot acres
    Property size
    117,716 SF
    Zone code
    M1-LIGHT INDUSTRY
    Property type
    Warehouses
    APN
    R6255 096
    APU
    R6255096

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $14,400,000
      6.5%
      $13,295,000
      7%
      $12,345,000

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $17,220,000
      Current use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Norcross
    County
    Gwinnett
    State
    Georgia
    Longitude
    -84.2036
    Latitude
    33.9477
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $291,686
    $1,371,240
    $7,743,960
    $9,115,200
    -
    $3,428,100
    $19,359,900
    $22,788,000

    Comparable in this City

    • Value Estimation
      $4,105,000
      48,828 SF

      2980 Pacific Dr

      STORAGE YARD, OPEN STORAGE • 48,828 SF
      2980 Pacific Dr, Norcross, GA 30071-1875
      View Details
    • Value Estimation
      $14,070,000
      111,860 SF

      5420 Peachtree Industrial Blvd

      STORAGE YARD, OPEN STORAGE • 111,860 SF
      5420 Peachtree Industrial Blvd, Norcross, GA 30071-1420
      View Details
    • Value Estimation
      $4,895,000
      61,574 SF

      600 Pinnacle Ct

      STORAGE YARD, OPEN STORAGE • 61,574 SF
      600 Pinnacle Ct, Norcross, GA 30071-3628
      View Details
    • Value Estimation
      $7,310,000
      100,170 SF

      4250 Blue Rdg Industrial Pkwy

      STORAGE YARD, OPEN STORAGE • 100,170 SF
      4250 Blue Rdg Industrial Pkwy, Norcross, GA 30071-1627
      View Details
    • Value Estimation
      $8,860,000
      156,066 SF

      6255 Brk Holw Pkwy

      STORAGE YARD, OPEN STORAGE • 156,066 SF
      6255 Brk Holw Pkwy, Norcross, GA 30071-4618
      View Details
    • Value Estimation
      $11,385,000
      88,440 SF

      6356 Corley Rd

      STORAGE YARD, OPEN STORAGE • 88,440 SF
      6356 Corley Rd, Peachtree Corners, GA 30071-1704
      View Details

    Similar Nearby for Sale

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      4,280 SF

      Norcross Warehouse: Prime I-85 Location

      Industrial Warehouse - 4,280 SF, $1.37M
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      106,455 SF

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      40,482 SF

      Norcross Warehouse Space Available

      7,594 SF warehouse space with dock high doors.
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    • $5,150,000
      20,622 SF

      Gwinnett County Flex Building For Sale

      20,622 SF Industrial/Office/Flex building in Gwinnett County.
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    • $1,650,000
      9,308 SF

      Peachtree Corners Flex Building

      9,308 SF flex building for sale or lease.
      Peachtree Corners, GA 30071
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    • Contact for pricing
      64,000 SF

      Industrial Warehouse Space Available

      64000 sqft warehouse space for sale.
      6900 Peachtree Industrial Blvd, Norcross, GA 30071
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      6,550 SF

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      6,550 square foot warehouse space available for lease.
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      View Details
    • Contact for pricing
      70,500 SF

      Industrial Space on Peachtree Boulevard

      19,500 SF industrial space available for lease now.
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      View Details
    • Contact for pricing
      31,946 SF

      Freestanding Industrial Building Available 2025

      31,946 SF industrial building in Technology Park setting.
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      View Details
    • Contact for pricing
      36,935 SF

      Industrial Space on Peachtree Boulevard

      4,571 SF industrial space with frontage on Peachtree Industrial Blvd.
      5150 Peachtree Industrial Blvd, Norcross, GA 30071
      View Details
    • $12 SF/Yr
      5,000 SF

      Peachtree Corners Warehouse Space Available

      Office/warehouse space in Peachtree Corners, Gwinnett County, Georgia.
      Peachtree Corners, GA 30071
      View Details
    • Contact for pricing
      15,311 SF

      Norcross Flex Space: I-85 Access

      15,311 SF Industrial Space, 2 Suites Available
      6030 Unity Dr, Norcross, GA 30071
      View Details
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    Norcross, GA 30071-3984
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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