Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$43,690,000
Warehouses
550 Indian Trl Lilburn NW Rd Lilburn, GA 30047-3720
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-2706293
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Year built
2019
Total area
366,008 SF
Lot
39.23 ac (1,708,859 SF)
Zoning code
AA012
APN
R6159 061
UPID
US22-2706293
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
-
FleetPride Distribution Center Auto Parts Store Big Box & Wholesale Store
-
Inn Town Suites Hotel & Motel
-
Wheel-1 Atlanta Warehouse & Storage
-
Iberia Foods Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$41.34M
Comparable Approach
Comparable
$35.19M
Blend (final)
Blend
$43.69M
Owner & transaction history
Indian Trail Distribution Owner LLC · 4 yrs held
Indian Trail Distribution Owner LLC
since 2021
Last sale
$49.6M
4 recorded transactions
Zoning & alternative use
AA012 · Lilburn, 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 Lilburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lilburn 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
$42,730,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$44,780,000
6.5%
$41,335,000
7%
$38,385,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$58,450,000
Current use
Blend value · Realmo final
$43.69M
Range $39.32M – $48.06M · ±10% · vs last sale $49.60M (Dec 2 2021)
Last sale anchor
$49.60M
Dec 2 2021
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
$119 / 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
$369,643
Tax year 2024
Assessed value
$9,574,400
Assessed 2024
Previous assessed
$10,730,000
-10.8% YoY
Effective rate
3.86%
On assessed value
Assessed land
$2,573,000
Assessed improvement
$7,001,400
Land market value
$6,432,500
Improvement market value
$17,503,500
Total market value
$23,936,000
Applied tax rate
7.0000
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
2019
Heating
NONE
Cooling
NONE
Stories
1
Total area
366,008 SF
Lot
39.23 ac (1,708,859 SF)
Zoning code
AA012
APN
R6159 061
UPID
US22-2706293
Jurisdiction
GWINNETT
Zoning & alternative use
AA012 · Lilburn, GA
Zoning AA012 · permitted uses
AA012 · Lilburn, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lilburn. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$58.5M
WAREHOUSE, STORAGE Current
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
2019
Heating
NONE
Cooling
Yes
Stories
1
Lot
39.23 ac
Current owner
From public records · entity-resolved
Indian Trail Distribution Owner LLC
Entity
Free & Clear · 4 yrs held
Mailing address
2 SEAPORT LN, BOSTON, MA 02210-2001
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2021
$49,600,000
Indian Trail Distribution Owner LLC
Realty Associates Fund Xi Portfolio
Limited Warranty Deed
—
Nov 21, 2019
$26,775,000
Realty Assocs Fund Xi Portfoli
Indian Trail Distribution Ctr
Grant Deed
related
—
Jun 21, 2018
$4,350,000
Indian Trail Distribution Ctr
Lilburn Downtown Dev Authority
Grant Deed
—
Jun 21, 2018
—
Indian Trail Distribution Ctr
Lilburn Downtown Dev Authority
Quit Claim Deed
related
—
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 550 Indian Trl Lilburn NW Rd?
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.
