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Property profile & analytics
FOR LEASE
Warehouses
6190 Regency Pkwy Norcross, GA 30071
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-1644448
For Lease
1 / 2
$37,150,000
6190 Regency Pkwy, Norcross, GA 30071
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Year built
1986
Total area
55,696 SF
Lot
12.37 ac (538,837 SF)
Zoning code
M1-LIGHT INDUSTRY
APN
R6244 132
UPID
US22-1644448
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
-
Heritage Service Group Professional Services
-
Bagel World Distribution Center Logistics Company
-
Guaranteed Ice Co Big Box & Wholesale Store Distribution Center
-
Patty 8A Homes Real Estate Agency
-
PPF Trucking, Inc Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$37.15M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$37.15M
Owner & transaction history
Epc Holdings 1038 LLC · 2 yrs held
Epc Holdings 1038 LLC
since 2024
Last sale
$37.2M
6 recorded transactions
Zoning & alternative use
M1-LIGHT INDUSTRY · Norcross, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$29.0M
+255.6%
Auto repair, garage
$24.9M
+205.5%
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
$37,150,000
ML approach
$37,150,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$28,975,000
Change: +256% · Conversion: Difficult
AUTO REPAIR, GARAGE
$24,890,000
Change: +206% · Conversion: Easy
Blend value · Realmo final
$37.15M
Range $33.44M – $40.87M · ±10% · vs last sale $37.15M (May 9 2024)
Last sale anchor
$37.15M
May 9 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
$667 / 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
$162,870
Tax year 2024
Assessed value
$3,900,000
Assessed 2024
Previous assessed
$4,351,600
-10.4% YoY
Effective rate
4.18%
On assessed value
Assessed land
$1,237,000
Assessed improvement
$2,663,000
Land market value
$3,092,500
Improvement market value
$6,657,500
Total market value
$9,750,000
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
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Status
For Lease
Year built
1986
Heating
YES
Cooling
NONE
Buildings
4
Stories
1
Total area
55,696 SF
Lot
12.37 ac (538,837 SF)
Zoning code
M1-LIGHT INDUSTRY
APN
R6244 132
UPID
US22-1644448
Jurisdiction
GWINNETT
Zoning & alternative use
M1-LIGHT INDUSTRY · Norcross, GA
Zoning M1-LIGHT INDUSTRY · permitted uses
M1-LIGHT INDUSTRY · 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
RESTAURANT
Est. value
$29.0M
AUTO REPAIR, GARAGE
Est. value
$24.9M
RESTAURANT
AUTO REPAIR, GARAGE
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
1986
Heating
YES
Cooling
Yes
Stories
1
Buildings
4
Lot
12.37 ac
Current owner
From public records · entity-resolved
Epc Holdings 1038 LLC
Entity
Mailing address
6190 REGENCY PKWY, NORCROSS, GA 30071-2381
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
May 9, 2024
$37,150,000
Epc Holdings 1038 LLC
Breit Se Industrial Propco Ga LLC
Warranty Deed
—
Nov 28, 2018
$9,581,100
Breit Se Indl Propco Ga LLC
Breit Se Indl Atlanta One Por
Trustees Deed
related
$471,500,000 · Miscellaneous Ins Co
Jun 15, 2012
$11,554,500
Tg Regency LLC
Civf I-ga1w15-w23 LLC
Grant Deed
—
Dec 29, 2004
$16,100,000
Civf I - Ga1wi23 LLC
Regency Business Park Office LLC
Grant Deed
—
—
—
Mdh Atlanta One Portfolio LLC
—
Deed Of Trust
related
$30,000,000 · Prudential Insurance Co Americ
—
—
Civf I-ga1w15-w23 LLC
—
Deed Of Trust
related
$71,100,000 · Jackson National Life Ins Co
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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