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Property profile & analytics
OFF-MARKET
Estimated value
$5,750,000
Commercial real estate
65 Lawrenceville St Norcross, GA 30071-2555
Individually Owned
Free & Clear
Property ID
US22-1914199
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1990
Total area
33,280 SF
Lot
1.29 ac (56,192 SF)
Zoning code
AB3
APN
6-254 -196
UPID
US22-1914199
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
-
Norcross, GA (Bike/Boat/Book/etc) Store Corporate Office
-
Norcross Police Department Police Department
-
Norcross Municipal Court City Courthouse
-
City of Norcross City Hall City Government Office
-
City of Norcross Department of Economic Development City Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.22M
Comparable Approach
Comparable
$5.61M
Blend (final)
Blend
$5.75M
Owner & transaction history
CITY OF NORCROSS
CITY OF NORCROSS
Zoning & alternative use
AB3 · Norcross, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$9.0M
+25.4%
Neighborhood: shopping center
$8.8M
+22.3%
Office building
$8.1M
+13.3%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$6,740,000
6.5%
$6,220,000
7%
$5,775,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$7,170,000
Current use
RETAIL STORES
$8,990,000
Change: +25% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$8,770,000
Change: +22% · Conversion: Difficult
OFFICE BUILDING
$8,120,000
Change: +13% · Conversion: Easy
Blend value · Realmo final
$5.75M
Range $5.18M – $6.33M · ±10%
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
$173 / 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
Assessed value
$2,514,000
Assessed 2023
Previous assessed
$2,514,000
+0.0% YoY
Assessed land
$468,720
Assessed improvement
$2,045,280
Land market value
$1,171,800
Improvement market value
$5,113,200
Total market value
$6,285,000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1990
Heating
NONE
Cooling
NONE
Stories
2
Total area
33,280 SF
Lot
1.29 ac (56,192 SF)
Zoning code
AB3
APN
6-254 -196
UPID
US22-1914199
Jurisdiction
GWINNETT
Zoning & alternative use
AB3 · Norcross, GA
Zoning AB3 · permitted uses
AB3 · 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
COMMERCIAL (GENERAL) Current
Est. value
$7.2M
RETAIL STORES
Est. value
$9.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.8M
OFFICE BUILDING
Est. value
$8.1M
COMMERCIAL (GENERAL) 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
1990
Heating
NONE
Cooling
Yes
Stories
2
Lot
1.29 ac
Current owner
From public records · entity-resolved
CITY OF NORCROSS
Individual
Free & Clear · 0 yrs held
Mailing address
65 LAWRENCEVILLE ST, NORCROSS, GA 30071-2555
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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