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

    5836 Buford Hwy Norcross, GA 30071-2581

    • Medical offices
    • 5,820 SF
    • 0.55 lot acres
    OFF-MARKET
    Last Sale
    Dec 23, 2020
    $1,601,688
    Value Estimations
    $1,540,000
    Show details
    Cap Rate Potential
    3%
    Medical offices
    Location Intelligence
    Property ID
    US22-1018361
    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

    • Centro De Salud Familiar - Norcross Medical Clinic / Medical Clinic / Wellness Center
    • Zevallos Carlos A MD / Doctor
    • David Bidod O MD / Doctor
    • Dr. David Sean Van Tuyl, DMD / Dentist
    • Dongwuk Cha / Dentist

    Property Details for 5836 Buford Hwy

    Year built
    1975
    Lot size
    0.55 lot acres
    Property size
    5,820 SF
    Zone code
    AB3
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    6-243 -112
    APU
    6243112

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,405,000
      6.5%
      $1,300,000
      7%
      $1,205,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,658,000
      Market price range: $1.28M - $2.62M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $1,865,000
      Current use
      RETAIL STORES
      $1,570,000
      Change: -16% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $1,535,000
      Change: -18% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Norcross
    County
    Gwinnett
    State
    Georgia
    Longitude
    -84.2124
    Latitude
    33.9375
    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
    2023
    $14,743
    $88,160
    $320,240
    $408,400
    -
    $220,400
    $800,600
    $1,021,000

    Comparable in this City

    • Value Estimation
      $765,000
      5,200 SF

      51 Peachtree St

      MEDICAL BUILDING • 5,200 SF
      51 Peachtree St, Norcross, GA 30071-2579
      View Details
    • Value Estimation by Request
      2,921 SF

      2415 Beaver Ruin Rd Ste A

      MEDICAL BUILDING • 2,921 SF
      2415 Beaver Ruin Rd Ste A, Norcross, GA 30071-4176
      View Details
    • Value Estimation
      $1,955,000
      13,019 SF

      5949 Buford Hwy

      MEDICAL BUILDING • 13,019 SF
      5949 Buford Hwy, Norcross, GA 30071-2472
      View Details
    • Value Estimation
      $675,000
      5,000 SF

      6185 Buford Hwy

      MEDICAL BUILDING • 5,000 SF
      6185 Buford Hwy, Peachtree Corners, GA 30071-2350
      View Details
    • Value Estimation by Request
      2,875 SF

      2415 Beaver Ruin Rd Ste B

      MEDICAL BUILDING • 2,875 SF
      2415 Beaver Ruin Rd Ste B, Norcross, GA 30071-4176
      View Details
    • Value Estimation by Request
      10,820 SF

      519 Lawrenceville St

      HOMES (RETIRED, NURSING) • 10,820 SF
      519 Lawrenceville St, Norcross, GA 30071-3948
      View Details

    Similar Nearby for Sale

    • $5,650,000
      10,820 SF

      Metro Atlanta Personal Care Home

      25-Unit Senior Living Facility, $5.65M
      519 Lawrenceville St, Norcross, GA 30071
      View Details
    • $3,600,000

      Renovated Personal Care Home Facility

      Recently renovated 25-unit personal care home on 0.82 acres.
      519 Lawrenceville St NW, Norcross, GA 30071
      View Details
    • $10,105,200
      101,207 SF

      Prime Peachtree Corners Office Building

      Executive Suites, 101,207 SF, $10M+
      3091 Governors Lake Dr, Peachtree Corners, GA 30071
      View Details
    • Contact for pricing
      13,101 SF

      Norcross Office Building on Acreage

      3,120 SF office building on 4.94 acres in Norcross.
      4487 S Old Peachtree Rd, Norcross, GA 30071
      View Details
    • $1,300,000
      0.08 Acres

      Historic Downtown Norcross Commercial Gem

      Prime location, fully leased, updated systems, and buildout potential.
      35 S Peachtree St, Norcross, GA 30071
      View Details
    • Contact for pricing
      158 SF

      Office Space Available For Sale

      Office spaces ranging from 2,404 SF to 5,179 SF available.
      3000 Business Park Dr, Norcross, GA 30071
      View Details

    Similar Nearby for Lease

    • $8 SF/Yr
      22,654 SF

      Norcross Office Space Available

      Modern Office Suites in Gwinnett County
      5380 Peachtree Industrial Blvd, Norcross, GA 30071
      View Details
    • $16 SF/Yr
      23,762 SF

      Peachtree Corners Office Space

      Versatile Office Suites, Gwinnett County
      7094 Peachtree Industrial Blvd, Peachtree Corners, GA 30071
      View Details
    • $2,650 /Mo
      1,742 SF

      Peachtree Corners Freestanding Office Building

      Freestanding office building in Peachtree Corners/Norcross area.
      3000 Langford Rd, Peachtree Corners, GA 30071
      View Details
    • Contact for pricing
      2,150 SF

      Norcross Office Space for Lease

      Prime Gwinnett County Office Space Available
      5990 Unity Dr, Norcross, GA 30071
      View Details
    • $20 SF/Yr
      36,225 SF

      Avalon Center Office Suites

      Prime Peachtree Corners Office Space
      3145 Avalon Ridge Pl, Peachtree Corners, GA 30071
      View Details
    • Contact for pricing
      101,207 SF

      Prime Norcross Executive Office Space

      1,415 - 58,136 SF Available
      3091 Governors Lake Dr, Peachtree Corners, GA 30071
      View Details
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    Norcross, GA 30071-2581
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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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