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Property profile & analytics
FOR LEASE
Grocery and convenience stores
5725 Jimmy Carter Blvd, Norcross, GA 30071
Entity Owned
7-yr Hold
Free & Clear
Property ID
US22-1727037
For Lease
1 / 17
$38 SF/Yr
5725 Jimmy Carter Blvd, Norcross, GA 30071
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Property summary
AI-generated overview
This exceptional retail opportunity in Norcross, Georgia, presents six available spaces within a newly constructed, two-building complex totaling 6,600 square feet. Located at 5725 Jimmy Carter Boulevard, this property benefits from a prime location with high visibility, boasting approximately 74,000 cars passing daily. The site features a signalized intersection, ensuring optimal exposure for businesses. Individual spaces range from 1,002 to 1,240 square feet, suitable for a variety of retail uses. The property is zoned C and offers convenient access and high foot traffic, making it ideal for maximizing customer engagement. Built in 2024, this well-maintained property is ready for immediate occupancy. Note that gas station and c-store uses are not available. This is a high-impact space in a thriving commercial environment, perfect for businesses seeking significant visibility and accessibility in the Norcross submarket of the ATL area (zip code 30071). The property consists of single-story buildings.
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1978
Total area
2,660 SF
Lot
0.83 ac (36,155 SF)
Zoning code
C2-GENERAL BUSINESS
APN
6-216 -020
UPID
US22-1727037
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
$660k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$575k
Owner & transaction history
Jcb Dev Group INC · 7 yrs held
Jcb Dev Group INC
since 2018
2 recorded transactions
Zoning & alternative use
C2-GENERAL BUSINESS · Norcross, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$850,000
+21.6%
Retail stores
$720,000
+2.5%
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 Norcross submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norcross 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$710,000
6.5%
$660,000
7%
$610,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$700,000
Current use
MEDICAL BUILDING
$850,000
Change: +22% · Conversion: Difficult
RETAIL STORES
$720,000
Change: +3% · Conversion: Easy
OFFICE BUILDING
$650,000
Change: -7% · Conversion: Moderate
COMMERCIAL (GENERAL)
$575,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$575k
Range $518k – $633k · ±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
$216 / 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
$13,570
Tax year 2023
Assessed value
$359,280
Assessed 2023
Previous assessed
$359,280
+0.0% YoY
Effective rate
3.78%
On assessed value
Assessed land
$115,600
Assessed improvement
$243,680
Land market value
$289,000
Improvement market value
$609,200
Total market value
$898,200
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
For Lease
Year built
1978
Heating
FORCED AIR
Cooling
NONE
Stories
1
Total area
2,660 SF
Lot
0.83 ac (36,155 SF)
Zoning code
C2-GENERAL BUSINESS
APN
6-216 -020
UPID
US22-1727037
Jurisdiction
GWINNETT
Zoning & alternative use
C2-GENERAL BUSINESS · Norcross, GA
Zoning C2-GENERAL BUSINESS · permitted uses
C2-GENERAL BUSINESS · Norcross, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Norcross. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$700,000
MEDICAL BUILDING
Est. value
$850,000
RETAIL STORES
Est. value
$720,000
OFFICE BUILDING
Est. value
$650,000
COMMERCIAL (GENERAL)
Est. value
$575,000
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1978
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.83 ac
Current owner
From public records · entity-resolved
Jcb Dev Group INC
Entity
Free & Clear · 7 yrs held
Mailing address
5725 JIMMY CARTER BLVD, NORCROSS, GA 30071-2930
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 16, 2023
—
Jcb Development Group INC
—
Deed
related
$1,961,000 · Wallis Bank
Sep 12, 2018
—
Jcb Dev Group INC
Zeshaan Ents INC
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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