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Property profile & analytics
OFF-MARKET
Estimated value
$950,000
Grocery and convenience stores
646 Indian Trl Lilburn NW Rd Lilburn, GA 30047-6837
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-1483877
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2016
Total area
4,040 SF
Lot
0.77 ac (33,541 SF)
Zoning code
M1-LIGHT INDUSTRY
APN
6-160 -495
UPID
US22-1483877
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
-
K Wings Cafe Restaurant
-
Mobil Gas Station
-
ATM (ATM Link, Inc.) Atm
-
Neighbors Market Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$920k
CAP Approach
CAP
$1.00M
Comparable Approach
Comparable
$877k
Blend (final)
Blend
$950k
Owner & transaction history
Hillcrest Investment Ventures LLC · 3 yrs held
Hillcrest Investment Ventures LLC
since 2022
Last sale
$941,408
5 recorded transactions
Zoning & alternative use
M1-LIGHT INDUSTRY · Lilburn, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.3M
+21.6%
Retail stores
$1.1M
+2.5%
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 Lilburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lilburn 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
$1,020,000
ML approach
$920,000
CAP Approach
CAP Return
Estimation
6%
$1,080,000
6.5%
$1,000,000
7%
$925,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,065,000
Current use
MEDICAL BUILDING
$1,295,000
Change: +22% · Conversion: Difficult
RETAIL STORES
$1,090,000
Change: +3% · Conversion: Easy
OFFICE BUILDING
$985,000
Change: -7% · Conversion: Moderate
COMMERCIAL (GENERAL)
$905,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±10% · vs last sale $941k (Oct 31 2022)
Last sale anchor
$941k
Oct 31 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
$235 / 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
$40,178
Tax year 2023
Assessed value
$1,063,200
Assessed 2023
Previous assessed
$1,063,200
+0.0% YoY
Effective rate
3.78%
On assessed value
Assessed land
$93,920
Assessed improvement
$969,280
Land market value
$234,800
Improvement market value
$2,423,200
Total market value
$2,658,000
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
CONVENIENCE STORE
Status
Off-Market
Year built
2016
Heating
FORCED AIR
Cooling
NONE
Stories
1
Total area
4,040 SF
Lot
0.77 ac (33,541 SF)
Zoning code
M1-LIGHT INDUSTRY
APN
6-160 -495
UPID
US22-1483877
Jurisdiction
GWINNETT
Zoning & alternative use
M1-LIGHT INDUSTRY · Lilburn, GA
Zoning M1-LIGHT INDUSTRY · permitted uses
M1-LIGHT INDUSTRY · Lilburn, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lilburn. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.3M
RETAIL STORES
Est. value
$1.1M
OFFICE BUILDING
Est. value
$985,000
COMMERCIAL (GENERAL)
Est. value
$905,000
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
RETAIL STORES
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
2016
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.77 ac
Current owner
From public records · entity-resolved
Hillcrest Investment Ventures LLC
Entity
Mailing address
1550 N BROWN RD STE #130, LAWRENCEVILLE, GA 30043-8154
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2022
$941,408
Hillcrest Investment Ventures LLC
Hillcrest Trail LLC
Warranty Deed
$941,408 · Ameris Bank
Dec 9, 2016
—
Hillcrest Trail LLC
—
Deed
related
$982,000 · Fidelity Bk
Aug 19, 2015
$230,000
Hillcrest Trail LLC
Gec Atlanta LLC
Grant Deed
—
—
—
Gec Atlanta LLC
—
Deed Of Trust
related
$19,417 · Ocean Bank
—
—
Hillcrest Trail LLC
—
Deed Of Trust
related
$982,000 · Fidelity 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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