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Property profile & analytics
OFF-MARKET
Estimated value
$9,900,000
Warehouses
805 Marathon Pkwy Lawrenceville, GA 30046-2891
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1506953
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Year built
1998
Total area
55,000 SF
Lot
7.1 ac (309,276 SF)
Zoning code
M1-LIGHT INDUSTRY
APN
R7035 073
UPID
US22-1506953
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
-
Technical Products, Inc. of Georgia Production Facility
-
NNZ Business Related
-
Hong Video Technology Inc Corporate Office
-
Apria Healthcare Home Health Care Service Oxygen Equipment Supplier
-
Bowman Distribution Distribution Center Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.92M
CAP Approach
CAP
$6.21M
Comparable Approach
Comparable
$7.30M
Blend (final)
Blend
$9.90M
Owner & transaction history
805 Marathon Parkway Investors LLC · 3 yrs held
805 Marathon Parkway Investors LLC
since 2022
Last sale
$11.3M
7 recorded transactions
Zoning & alternative use
M1-LIGHT INDUSTRY · Lawrenceville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$14.9M
+63.6%
Neighborhood: shopping center
$14.5M
+59.5%
Office building
$13.4M
+47.8%
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
$13,475,000
ML approach
$9,920,000
CAP Approach
CAP Return
Estimation
6%
$6,730,000
6.5%
$6,210,000
7%
$5,770,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$9,085,000
Current use
RETAIL STORES
$14,855,000
Change: +64% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$14,490,000
Change: +60% · Conversion: Moderate
OFFICE BUILDING
$13,425,000
Change: +48% · Conversion: Difficult
Blend value · Realmo final
$9.90M
Range $8.91M – $10.89M · ±10% · vs last sale $11.25M (Nov 18 2022)
Last sale anchor
$11.25M
Nov 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
$180 / 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
$77,028
Tax year 2024
Assessed value
$2,086,800
Assessed 2024
Previous assessed
$2,086,800
+0.0% YoY
Effective rate
3.69%
On assessed value
Assessed land
$606,160
Assessed improvement
$1,480,640
Land market value
$1,515,400
Improvement market value
$3,701,600
Total market value
$5,217,000
Applied tax rate
1.0000
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
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Status
Off-Market
Year built
1998
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Total area
55,000 SF
Lot
7.1 ac (309,276 SF)
Zoning code
M1-LIGHT INDUSTRY
APN
R7035 073
UPID
US22-1506953
Jurisdiction
GWINNETT
Zoning & alternative use
M1-LIGHT INDUSTRY · Lawrenceville, GA
Zoning M1-LIGHT INDUSTRY · permitted uses
M1-LIGHT INDUSTRY · 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
WAREHOUSE, STORAGE Current
Est. value
$9.1M
RETAIL STORES
Est. value
$14.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$14.5M
OFFICE BUILDING
Est. value
$13.4M
WAREHOUSE, STORAGE 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
1998
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
7.1 ac
Current owner
From public records · entity-resolved
805 Marathon Parkway Investors LLC
Entity
Mailing address
600 UNICORN PARK DR STE #208, WOBURN, MA 01801-3343
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 18, 2022
$11,250,000
805 Marathon Parkway Investors LLC
G & B Properties LLC
Limited Warranty Deed
$6,400,000 · American United Life Insurance
Dec 26, 2017
—
G & B Properties LLC
Griscom Babb Properties LLC
Quit Claim Deed
related
—
—
—
G & B Properties LLC
—
Deed Of Trust
related
$1,900,000 · The Baltimore Life Insurance Co
—
—
G & B Properties LLC
—
Loan Modification
related
$1,200,000 · Miscellaneous Ins Co
—
—
G & B Properties LLC
—
Loan Modification
related
$3,286,889 · Miscellaneous Ins Co
—
—
G & B Properties LLC
—
Deed Of Trust
related
$2,380,000 · Miscellaneous Ins Co
—
—
G & B Properties LLC
—
Loan Modification
related
$2,380,000 · Miscellaneous Ins Co
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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