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Property profile & analytics
OFF-MARKET
Estimated value
$1,515,000
Gas stations
670 Old Norcross Rd Lawrenceville, GA 30046-4377
Individually Owned
4-yr Hold
Free & Clear
Property ID
US22-1438273
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
2002
Total area
9,516 SF
Lot
1 ac (43,560 SF)
Zoning code
LM-LIGHT MANUFACTURING
APN
5-113 -135
UPID
US22-1438273
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
-
Zelaya Auto Service Auto Repair Shop
-
K & R Auto Service Auto Repair Shop
-
American Classics & Speed Shop Auto Repair Shop
-
DAF AUTO TECH LLC Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.61M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.50M
Blend (final)
Blend
$1.52M
Owner & transaction history
Jose Covarrubias · 4 yrs held
Jose Covarrubias
since 2022
Last sale
$1.4M
4 recorded transactions
Zoning & alternative use
LM-LIGHT MANUFACTURING · Lawrenceville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.5M
+47.4%
Office building
$2.3M
+36.5%
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
$1,675,000
ML approach
$1,605,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE STATION (FULL SERVICE)
$1,700,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,505,000
Change: +47% · Conversion: Difficult
OFFICE BUILDING
$2,320,000
Change: +37% · Conversion: Difficult
Blend value · Realmo final
$1.52M
Range $1.36M – $1.67M · ±10% · vs last sale $1.40M (Feb 18 2022)
Last sale anchor
$1.40M
Feb 18 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
$159 / 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
$16,639
Tax year 2023
Assessed value
$518,360
Assessed 2023
Previous assessed
$518,360
+0.0% YoY
Effective rate
3.21%
On assessed value
Assessed land
$88,880
Assessed improvement
$429,480
Land market value
$222,200
Improvement market value
$1,073,700
Total market value
$1,295,900
Applied tax rate
6.0000
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
2002
Heating
NONE
Cooling
NONE
Stories
1
Total area
9,516 SF
Lot
1 ac (43,560 SF)
Zoning code
LM-LIGHT MANUFACTURING
APN
5-113 -135
UPID
US22-1438273
Jurisdiction
GWINNETT
Zoning & alternative use
LM-LIGHT MANUFACTURING · Lawrenceville, GA
Zoning LM-LIGHT MANUFACTURING · permitted uses
LM-LIGHT MANUFACTURING · 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
SERVICE STATION (FULL SERVICE) Current
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.5M
OFFICE BUILDING
Est. value
$2.3M
SERVICE STATION (FULL SERVICE) Current
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
2002
Heating
NONE
Cooling
Yes
Stories
1
Lot
1 ac
Current owner
From public records · entity-resolved
Jose Covarrubias
Individual
Free & Clear · 4 yrs held
Mailing address
4716 GILLSVILLE HWY, GILLSVILLE, GA 30543-2709
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 18, 2022
$1,400,000
Jose Covarrubias
Dockside 89 LLC
Warranty Deed
—
Mar 24, 2014
—
Dockside 89 LLC
Dula,robert B & Teresa A
Quit Claim Deed
related
—
—
—
Robert Dula
—
Deed Of Trust
related
$61,000 · Branch Banking & Trust Co
—
—
Robert B Dula
—
Loan Modification
related
$561,621 · Branch Bk&tr
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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