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Property profile & analytics
FOR LEASE
Commercial land
675 Buford Dr Lawrenceville, GA 30046
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0938065
For Lease
$3,605,000
675 Buford Dr, Lawrenceville, GA 30046
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1975
Total area
12,460 SF
Lot
5.73 ac (249,599 SF)
Zoning code
BG-GENERAL BUSINESS
APN
7-011 -087
UPID
US22-0938065
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.61M
CAP Approach
CAP
$2.33M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.61M
Owner & transaction history
Worthing Lawrenceville LLC · 1 yrs held
Worthing Lawrenceville LLC
since 2025
Last sale
$3.6M
6 recorded transactions
Zoning & alternative use
BG-GENERAL BUSINESS · Lawrenceville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.9M
+116.3%
Auto repair, garage
$5.6M
+104.6%
Apartment house (5+ units)
$4.4M
+61.4%
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
$3,605,000
ML approach
$3,605,000
CAP Approach
CAP Return
Estimation
6%
$2,525,000
6.5%
$2,330,000
7%
$2,165,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,720,000
Current use
RESTAURANT
$5,885,000
Change: +116% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,570,000
Change: +105% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,395,000
Change: +61% · Conversion: Moderate
MEDICAL BUILDING
$4,130,000
Change: +52% · Conversion: Easy
RETAIL STORES
$3,365,000
Change: +24% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$3,285,000
Change: +21% · Conversion: Difficult
OFFICE BUILDING
$3,040,000
Change: +12% · Conversion: Easy
Blend value · Realmo final
$3.61M
Range $3.24M – $3.97M · ±10% · vs last sale $3.60M (Oct 18 2024)
Last sale anchor
$3.60M
Oct 18 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
$289 / 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
$5,128
Tax year 2023
Assessed value
$352,080
Assessed 2023
Previous assessed
$352,080
+0.0% YoY
Effective rate
1.46%
On assessed value
Assessed land
$352,080
Land market value
$880,200
Total market value
$880,200
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Lease
Year built
1975
Heating
YES
Cooling
YES
Stories
1
Total area
12,460 SF
Lot
5.73 ac (249,599 SF)
Zoning code
BG-GENERAL BUSINESS
APN
7-011 -087
UPID
US22-0938065
Jurisdiction
GWINNETT
Zoning & alternative use
BG-GENERAL BUSINESS · Lawrenceville, GA
Zoning BG-GENERAL BUSINESS · permitted uses
BG-GENERAL BUSINESS · 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
COMMERCIAL (GENERAL) Current
Est. value
$2.7M
RESTAURANT
Est. value
$5.9M
AUTO REPAIR, GARAGE
Est. value
$5.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.4M
MEDICAL BUILDING
Est. value
$4.1M
RETAIL STORES
Est. value
$3.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.3M
OFFICE BUILDING
Est. value
$3.0M
COMMERCIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
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
1975
Heating
YES
Cooling
Yes
Stories
1
Lot
5.73 ac
Current owner
From public records · entity-resolved
Worthing Lawrenceville LLC
Entity
Mailing address
DEPT 203, HOUSTON, TX 77056
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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 15, 2025
—
Worthing Lawrenceville LLC
—
Deed
related
$39,800,000 · Fifth Third Bank
May 13, 2025
—
Worthing Lawrenceville LLC
Lawrenceville Center Associates LLC
Quitclaim Deed
related
$39,800,000 · Fifth Third Bank
Oct 18, 2024
—
Worthing Lawrenceville LLC
Lawrenceville Center Asso LLC
Quitclaim Deed
related
—
Oct 18, 2024
$5,433,525
Worthing Lawrenceville LLC
Lawrenceville Center Asso LLC
Warranty Deed
—
Oct 18, 2024
$3,604,275
Worthing Lawrenceville LLC
Ingles Markets INC
Warranty Deed
—
Mar 23, 2018
$34,200
Lawrenceville Ctr Assocs LLC
Lamb,hal W III
Grant Deed
—
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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