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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Office buildings
6087 Buford Hwy Norcross, GA 30071-2474
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US22-1831039
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1979
Construction
WOOD
Total area
2,700 SF
Lot
0.16 ac (6,970 SF)
Zoning code
C2-GENERAL BUSINESS
APN
6-244 -084
UPID
US22-1831039
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
-
SPRAY FOAM SOLUTIONS LLC Construction Company General Contractor
-
Injury 2 Wellness Centers - Norcross Alternative Medicine Practice
-
Ken Klaudt Insurance Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$605k
CAP Approach
CAP
$595k
Comparable Approach
Comparable
$418k
Blend (final)
Blend
$575k
Owner & transaction history
Mysmc Properties LLC · 4 yrs held
Mysmc Properties LLC
since 2022
Last sale
$550,000
1 recorded transaction
Zoning & alternative use
C2-GENERAL BUSINESS · Norcross, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$865,000
+31.3%
Retail stores
$730,000
+10.7%
Neighborhood: shopping center
$710,000
+8.0%
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
$575,000
ML approach
$605,000
CAP Approach
CAP Return
Estimation
6%
$645,000
6.5%
$595,000
7%
$550,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$660,000
Current use
MEDICAL BUILDING
$865,000
Change: +31% · Conversion: Easy
RETAIL STORES
$730,000
Change: +11% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$710,000
Change: +8% · Conversion: Difficult
COMMERCIAL (GENERAL)
$580,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$575k
Range $518k – $633k · ±10% · vs last sale $550k (Apr 28 2022)
Last sale anchor
$550k
Apr 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
$213 / 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
$6,455
Tax year 2023
Assessed value
$213,440
Assessed 2023
Previous assessed
$213,440
+0.0% YoY
Effective rate
3.02%
On assessed value
Assessed land
$27,520
Assessed improvement
$185,920
Land market value
$68,800
Improvement market value
$464,800
Total market value
$533,600
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1979
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
2
Total area
2,700 SF
Lot
0.16 ac (6,970 SF)
Zoning code
C2-GENERAL BUSINESS
APN
6-244 -084
UPID
US22-1831039
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
OFFICE BUILDING Current
Est. value
$660,000
MEDICAL BUILDING
Est. value
$865,000
RETAIL STORES
Est. value
$730,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$710,000
COMMERCIAL (GENERAL)
Est. value
$580,000
OFFICE BUILDING Current
MEDICAL BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1979
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Lot
0.16 ac
Current owner
From public records · entity-resolved
Mysmc Properties LLC
Entity
Mailing address
4982 COVINGTON HWY, DECATUR, GA 30035-2017
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2022
$550,000
Mysmc Properties LLC
Kenneth L Klaudt
Warranty Deed
$467,500 · Truist Bank
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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