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Property profile & analytics
OFF-MARKET
Estimated value
$6,660,000
Distribution centers
725 Old Norcross Rd Lawrenceville, GA 30046-4317
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US22-1682317
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1987
Total area
124,240 SF
Lot
7.57 ac (329,749 SF)
Zoning code
HM-HEAVY MANUFACTURING
APN
R5113 068
UPID
US22-1682317
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
-
Good Taste Gwinnett Restaurant
-
FedEx Drop Box Postal Service Courier Service
-
Linesets, INC Building Supply General Contractor
-
Gray Publishing, LLC Publishing House
-
Lightshare (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.66M
Owner & transaction history
1005 Raco Court Owner LLC · 7 yrs held
1005 Raco Court Owner LLC
since 2018
4 recorded transactions
Zoning & alternative use
HM-HEAVY MANUFACTURING · Lawrenceville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$54 / 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
$90,646
Tax year 2024
Assessed value
$2,832,680
Assessed 2024
Previous assessed
$2,832,680
+0.0% YoY
Effective rate
3.20%
On assessed value
Assessed land
$908,800
Assessed improvement
$1,923,880
Land market value
$2,272,000
Improvement market value
$4,809,700
Total market value
$7,081,700
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1987
Heating
NONE
Cooling
NONE
Stories
1
Total area
124,240 SF
Lot
7.57 ac (329,749 SF)
Zoning code
HM-HEAVY MANUFACTURING
APN
R5113 068
UPID
US22-1682317
Jurisdiction
GWINNETT
Zoning & alternative use
HM-HEAVY MANUFACTURING · Lawrenceville, GA
Zoning HM-HEAVY MANUFACTURING · permitted uses
HM-HEAVY 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.
Building & site characteristics
From public records
Year built
1987
Heating
NONE
Cooling
Yes
Stories
1
Lot
7.57 ac
Current owner
From public records · entity-resolved
1005 Raco Court Owner LLC
Entity
Mailing address
PO BOX A3879, CHICAGO, IL 60690-3879
Ownership since
2018
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
Jun 2, 2022
—
1005 Raco Court Owner LLC
—
Deed
related
$760,000,000 · Morgan Stanley Bank
Oct 25, 2018
$1,840,000
1005 Raco Court Owner LLC
Gw 316 Commerce Center LLC
Grant Deed
related
$1,220,000,000 · Citibank
Dec 29, 2015
$76,449,200
Gw 316 Commerce Center LLC
Gwinnett 316 Associates
Grant Deed
$68,260,000 · Bank Of America
—
—
Gwinnett 316 Assocs
—
Deed Of Trust
related
$16,750,000 · New York Life Insurance
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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