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Property profile & analytics
OFF-MARKET
Estimated value
$3,440,000
Medical Office Space
550 Professional Dr Lawrenceville, GA 30046-7686
Entity Owned
4-yr Hold
Free & Clear
Property ID
US22-1462082
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1988
Construction
WOOD
Total area
4,766 SF
Lot
0.84 ac (36,590 SF)
Zoning code
OI-OFFICE-INSTITUTIONAL
APN
7-009 -037
UPID
US22-1462082
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
-
East Atlanta Eye Surgery Center Medical Clinic Hospital
-
POOJA MALLY Ophthalmologist
-
BENJAMIN RAYMOND STRAUSS Ophthalmologist
-
EUGENE B. GABIANELLI Ophthalmologist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.88M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.14M
Blend (final)
Blend
$3.44M
Owner & transaction history
Kagr2 Lawrenceville 550 LLC · 4 yrs held
Kagr2 Lawrenceville 550 LLC
since 2022
Last sale
$3.5M
7 recorded transactions
Zoning & alternative use
OI-OFFICE-INSTITUTIONAL · Lawrenceville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.1M
+34.8%
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
$4,190,000
ML approach
$3,875,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,130,000
Change: +35% · Conversion: Difficult
Blend value · Realmo final
$3.44M
Range $3.10M – $3.78M · ±10% · vs last sale $3.50M (Jan 28 2022)
Last sale anchor
$3.50M
Jan 28 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
$722 / 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
$10,914
Tax year 2023
Assessed value
$504,000
Assessed 2023
Previous assessed
$504,000
+0.0% YoY
Effective rate
2.17%
On assessed value
Assessed land
$57,440
Assessed improvement
$446,560
Land market value
$143,600
Improvement market value
$1,116,400
Total market value
$1,260,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1988
Construction
WOOD
Heating
FORCED AIR
Cooling
NONE
Stories
1
Total area
4,766 SF
Lot
0.84 ac (36,590 SF)
Zoning code
OI-OFFICE-INSTITUTIONAL
APN
7-009 -037
UPID
US22-1462082
Jurisdiction
GWINNETT
Zoning & alternative use
OI-OFFICE-INSTITUTIONAL · Lawrenceville, GA
Zoning OI-OFFICE-INSTITUTIONAL · permitted uses
OI-OFFICE-INSTITUTIONAL · 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
AUTO REPAIR, GARAGE
Est. value
$2.1M
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
1988
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.84 ac
Current owner
From public records · entity-resolved
Kagr2 Lawrenceville 550 LLC
Entity
Free & Clear · 4 yrs held
Mailing address
800 W MADISON ST STE #400, CHICAGO, IL 60607-2481
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 21, 2022
—
Kagr2 Lawrenceville 550 LLC
—
Deed
related
$816,700,032 · Capital One
Jan 28, 2022
$3,500,000
Kagr2 Lawrenceville 550 LLC
Lawrenceville 550 Medical Propertie
Warranty Deed
—
Jan 10, 2020
—
Lawrenceville 550 Medical Prop
—
Deed
related
$164,785,700 · Capital One Nat'l Assn
Nov 25, 2019
—
Lawrence 550 Medical Prop LLC
—
Grant Deed
related
$95,574,450 · Capital One NA
Aug 22, 2019
$2,200,000
Lawrenceville 550 Medical Prop
D Dillard Properties LLC
Grant Deed
—
Sep 7, 2016
—
D Dillard Properties LLC
—
Deed
related
$846,000 · Regions Bank
Mar 17, 2016
$460,000
D Dillard Properties LLC
Wp 550 Professional LLC
Grant Deed
—
Aug 28, 2015
$265,000
Wp 550 Professional LLC
Critz,frank A
Grant Deed
—
—
—
Lawrenceville 550 Medical Prop
—
Loan Modification
related
$164,785,700 · Capital One Nat'l Assn
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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