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Property profile & analytics
OFF-MARKET
Estimated value
$2,530,000
Warehouses
6275 Atlantic Blvd Norcross, GA 30071-1308
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1219236
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Year built
1979
Total area
15,320 SF
Lot
0.99 ac (43,124 SF)
Zoning code
AA030
APN
R6253 089
UPID
US22-1219236
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
-
Interstate Hardwoods Co Inc Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.62M
CAP Approach
CAP
$1.73M
Comparable Approach
Comparable
$2.73M
Blend (final)
Blend
$2.53M
Owner & transaction history
G & S Industrial Properties LLC · 3 yrs held
G & S Industrial Properties LLC
since 2023
Last sale
$2.4M
2 recorded transactions
Zoning & alternative use
AA030 · Norcross, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$4.1M
+84.7%
Neighborhood: shopping center
$4.0M
+80.1%
Office building
$3.7M
+66.9%
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
$2,575,000
ML approach
$2,615,000
CAP Approach
CAP Return
Estimation
6%
$1,875,000
6.5%
$1,730,000
7%
$1,605,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,240,000
Current use
RETAIL STORES
$4,140,000
Change: +85% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$4,035,000
Change: +80% · Conversion: Moderate
OFFICE BUILDING
$3,740,000
Change: +67% · Conversion: Difficult
Blend value · Realmo final
$2.53M
Range $2.28M – $2.78M · ±10% · vs last sale $2.37M (Jun 15 2023)
Last sale anchor
$2.37M
Jun 15 2023
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
$165 / 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
$29,440
Tax year 2024
Assessed value
$920,000
Assessed 2024
Previous assessed
$360,000
+155.6% YoY
Effective rate
3.20%
On assessed value
Assessed land
$165,600
Assessed improvement
$754,400
Land market value
$414,000
Improvement market value
$1,886,000
Total market value
$2,300,000
Applied tax rate
9.0000
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
1979
Heating
YES
Cooling
NONE
Stories
1
Total area
15,320 SF
Lot
0.99 ac (43,124 SF)
Zoning code
AA030
APN
R6253 089
UPID
US22-1219236
Jurisdiction
GWINNETT
Zoning & alternative use
AA030 · Norcross, GA
Zoning AA030 · permitted uses
AA030 · 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
WAREHOUSE, STORAGE Current
Est. value
$2.2M
RETAIL STORES
Est. value
$4.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.0M
OFFICE BUILDING
Est. value
$3.7M
WAREHOUSE, STORAGE Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
Heating
YES
Cooling
Yes
Stories
1
Lot
0.99 ac
Current owner
From public records · entity-resolved
G & S Industrial Properties LLC
Entity
Mailing address
3833 SAUTEE VLY DR STE B, DULUTH, GA 30097-8138
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 15, 2023
$2,370,000
G & S Industrial Properties LLC
Redneck Properties LLC
Warranty Deed
$960,000 · Florida Business Development
May 17, 2019
$1,145,000
Redneck Properties LLC
Inter-state Hardwoods Co INC
Grant Deed
$858,750 · Cadence 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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