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Property profile & analytics
OFF-MARKET
Estimated value
$13,850,000
Grocery and convenience stores
6050 Singleton Rd Norcross, GA 30093-1923
Entity Owned
4-yr Hold
Free & Clear
Property ID
US22-0419926
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1993
Total area
74,061 SF
Lot
10.45 ac (455,202 SF)
Zoning code
C2-GENERAL BUSINESS
APN
6-190 -223
UPID
US22-0419926
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
-
higi Physician
-
Fifth Third Bank ATM Check Cashing Service Loan Agency
-
Kroger Money Services Bank Credit Union
-
J. Junaid Jamshed Atlanta Clothing Store
-
Kroger Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.44M
CAP Approach
CAP
$13.24M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.85M
Owner & transaction history
Egap Norcross I LLC · 4 yrs held
Egap Norcross I LLC
since 2021
Last sale
$17.0M
7 recorded transactions
Zoning & alternative use
C2-GENERAL BUSINESS · Norcross, 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 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
$9,440,000
CAP Approach
CAP Return
Estimation
6%
$14,340,000
6.5%
$13,235,000
7%
$12,290,000
Alternative Use
Use
Estimation
RETAIL STORES
$20,005,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$19,515,000
Change: -2% · Conversion: Moderate
OFFICE BUILDING
$18,075,000
Change: -10% · Conversion: Easy
COMMERCIAL (GENERAL)
$17,060,000
Change: -15% · Conversion: Easy
WAREHOUSE, STORAGE
$16,400,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$13.85M
Range $12.47M – $15.24M · ±10% · vs last sale $17.00M (Dec 31 2021)
Last sale anchor
$17.00M
Dec 31 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
$187 / 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
$138,142
Tax year 2023
Assessed value
$3,280,000
Assessed 2023
Previous assessed
$3,280,000
+0.0% YoY
Effective rate
4.21%
On assessed value
Assessed land
$955,920
Assessed improvement
$2,324,080
Land market value
$2,389,800
Improvement market value
$5,810,200
Total market value
$8,200,000
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
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1993
Heating
YES
Cooling
NONE
Buildings
2
Stories
1
Total area
74,061 SF
Lot
10.45 ac (455,202 SF)
Zoning code
C2-GENERAL BUSINESS
APN
6-190 -223
UPID
US22-0419926
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
RETAIL STORES Current
Est. value
$20.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$19.5M
OFFICE BUILDING
Est. value
$18.1M
COMMERCIAL (GENERAL)
Est. value
$17.1M
WAREHOUSE, STORAGE
Est. value
$16.4M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1993
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
10.45 ac
Current owner
From public records · entity-resolved
Egap Norcross I LLC
Entity
Free & Clear · 4 yrs held
Mailing address
17776 PRESTON RD, DALLAS, TX 75252-5736
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2024
—
Sqlft LLC
—
Deed
related
$12,400,000 · Ubs Ag
Dec 31, 2021
$17,000,000
Egap Norcross I LLC
Hrp Singleton Square LLC
Limited Warranty Deed
—
Jun 17, 2016
$7,000,000
Tcg Singleton Holdings LLC
6050 Singleton Road Holdings L
Grant Deed
related
$25,000,000 · Centennial Bk
May 6, 2014
$10,700,000
Singleton Road Holdings L 6050
Singleton Square LLC
Trustees Deed
—
Dec 14, 2006
$19,200,000
Singleton Square LLC
Singleton Square LLC
Grant Deed
related
—
Dec 12, 2006
$19,200,000
Singleton Square LLC
Singleton Square LLC
Grant Deed
related
—
Jan 3, 2006
$18,350,000
Singleton Square LLC
Chu Investments LLC;+
Deed
$13,450,000 · Countrywide Com'l R/e Fin
Jan 3, 2006
—
Chu Investments LLC
Guo Peng LLC
Grant Deed
related
—
Dec 26, 2002
$11,800,000
Guo Peng LLC
Carriage Associates
Grant Deed
related
$5,460,000 · Nara Bk
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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