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Property profile & analytics
OFF-MARKET
Estimated value
$1,720,000
Industrial properties
57 Railroad NW Ave, Lilburn, GA 30047-3827
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1520694
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1974
Total area
23,062 SF
Lot
1.67 ac (72,745 SF)
Zoning code
M1-LIGHT INDUSTRY
APN
R6135 031
UPID
US22-1520694
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
-
Builders Steel Supply Inc Production Facility Metal Fabrication Plant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.83M
CAP Approach
CAP
$2.16M
Comparable Approach
Comparable
$1.24M
Blend (final)
Blend
$1.72M
Owner & transaction history
Lilburn Downtown Dev Authority · 6 yrs held
Lilburn Downtown Dev Authority
since 2020
7 recorded transactions
Zoning & alternative use
M1-LIGHT INDUSTRY · Lilburn, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.6M
+250.3%
Medical building
$2.2M
+196.6%
Auto repair, garage
$1.5M
+98.8%
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 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
$1,670,000
ML approach
$1,825,000
CAP Approach
CAP Return
Estimation
6%
$2,340,000
6.5%
$2,160,000
7%
$2,005,000
Alternative Use
Use
Estimation
RESTAURANT
$2,600,000
Change: +250% · Conversion: Difficult
MEDICAL BUILDING
$2,200,000
Change: +197% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,475,000
Change: +99% · Conversion: Easy
WAREHOUSE, STORAGE
$1,120,000
Change: +51% · Conversion: Easy
Blend value · Realmo final
$1.72M
Range $1.55M – $1.89M · ±10%
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
$75 / 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
$886
Tax year 2024
Assessed value
$1,497,960
Assessed 2024
Previous assessed
$984,560
+52.1% YoY
Effective rate
0.06%
On assessed value
Assessed land
$730,000
Assessed improvement
$767,960
Land market value
$1,825,000
Improvement market value
$1,919,900
Total market value
$3,744,900
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1974
Heating
NONE
Cooling
NONE
Stories
2
Total area
23,062 SF
Lot
1.67 ac (72,745 SF)
Zoning code
M1-LIGHT INDUSTRY
APN
R6135 031
UPID
US22-1520694
Jurisdiction
GWINNETT
Zoning & alternative use
M1-LIGHT INDUSTRY · Lilburn, GA
Zoning M1-LIGHT INDUSTRY · permitted uses
M1-LIGHT INDUSTRY · 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
RESTAURANT
Est. value
$2.6M
MEDICAL BUILDING
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$1.5M
WAREHOUSE, STORAGE
Est. value
$1.1M
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1974
Heating
NONE
Cooling
Yes
Stories
2
Lot
1.67 ac
Current owner
From public records · entity-resolved
Lilburn Downtown Dev Authority
Entity
Free & Clear · 6 yrs held
Mailing address
340 MAIN ST, LILBURN, GA 30047-5064
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2020
$1,600,000
Lilburn Downtown Dev Authority
Mckenzie Ents
Grant Deed
—
Jun 12, 2020
—
Lilburn Downtown Dev Authority
Mckenzie Ents
Quit Claim Deed
related
—
Aug 1, 2018
—
Mckenzie & Connor Realty Ents
—
Grant Deed
related
$1,292,000 · Brand Bkng
Sep 9, 2008
—
Mckenzie Ents
Duello Ents LLC
Quit Claim Deed
related
—
Sep 9, 2008
$820,000
Mckenzie Ents
Duello Ents LLC
Grant Deed
$1,866,500 · First Chatman Bk
Jan 18, 2007
—
Duello Ents LLC
Duelo,leonard G
Quit Claim Deed
related
—
Nov 10, 2006
—
Duello Enterprises LLC
Duello,leonard G
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.
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