Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$810,000
Warehouses
609 Hurricane Shls NE Rd Lawrenceville, GA 30046
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US22-0955868
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Year built
1984
Total area
4,000 SF
Lot
1.09 ac (47,480 SF)
Zoning code
M1-LIGHT INDUSTRY
APN
R5208 001A
UPID
US22-0955868
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
$810k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$753k
Blend (final)
Blend
$810k
Owner & transaction history
Barker Capital LLC · 1 yrs held
Barker Capital LLC
since 2024
Last sale
$810,000
6 recorded transactions
Zoning & alternative use
M1-LIGHT INDUSTRY · Lawrenceville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.3M
+100.7%
Retail stores
$1.1M
+63.6%
Neighborhood: shopping center
$1.1M
+59.5%
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 Lawrenceville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lawrenceville 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
$810,000
ML approach
$810,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$660,000
Current use
MEDICAL BUILDING
$1,325,000
Change: +101% · Conversion: Difficult
RETAIL STORES
$1,080,000
Change: +64% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,055,000
Change: +60% · Conversion: Moderate
OFFICE BUILDING
$975,000
Change: +48% · Conversion: Difficult
COMMERCIAL (GENERAL)
$875,000
Change: +32% · Conversion: Difficult
Blend value · Realmo final
$810k
Range $729k – $891k · ±10% · vs last sale $810k (Aug 16 2024)
Last sale anchor
$810k
Aug 16 2024
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
$203 / 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
$6,246
Tax year 2024
Assessed value
$215,080
Assessed 2024
Previous assessed
$162,000
+32.8% YoY
Effective rate
2.90%
On assessed value
Assessed land
$73,120
Assessed improvement
$141,960
Land market value
$182,800
Improvement market value
$354,900
Total market value
$537,700
Applied tax rate
1.0000
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
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Status
Off-Market
Year built
1984
Heating
YES
Cooling
NONE
Stories
1
Total area
4,000 SF
Lot
1.09 ac (47,480 SF)
Zoning code
M1-LIGHT INDUSTRY
APN
R5208 001A
UPID
US22-0955868
Jurisdiction
GWINNETT
Zoning & alternative use
M1-LIGHT INDUSTRY · Lawrenceville, GA
Zoning M1-LIGHT INDUSTRY · permitted uses
M1-LIGHT INDUSTRY · Lawrenceville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lawrenceville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$660,000
MEDICAL BUILDING
Est. value
$1.3M
RETAIL STORES
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
OFFICE BUILDING
Est. value
$975,000
COMMERCIAL (GENERAL)
Est. value
$875,000
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1984
Heating
YES
Cooling
Yes
Stories
1
Lot
1.09 ac
Current owner
From public records · entity-resolved
Barker Capital LLC
Entity
Mailing address
609 HURRICANE SHLS RD NW, LAWRENCEVILLE, GA 30046-4412
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 16, 2024
$810,000
Barker Capital LLC
Super Land Holdings LLC
Warranty Deed
$663,000 · Morris Bank
Jan 24, 2024
—
Georgia State Dept Of Transportatio
Super Land Holdings LLC
Quit Claim Deed
related
—
Dec 31, 2019
—
Super Land Holdings LLC
Patten Seed Co
Grant Deed
—
Dec 27, 2007
$656,000
Patten Seed Co
Roqco LLC
Grant Deed
—
Mar 9, 2006
$560,000
Roqco LLC
Little,ray
Warranty Deed
—
Mar 8, 2006
$560,000
Toqco LLC
Little,ray
Grant Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 609 Hurricane Shls NE Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
