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Property profile & analytics
OFF-MARKET
Estimated value
$910,000
Warehouses
815 Progress Ct, Lawrenceville, GA 30043-4613
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-4636098
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Year built
2007
Total area
10,000 SF
Lot
1.12 ac (48,787 SF)
Zoning code
M1-LIGHT INDUSTRY
APN
R7015 098
UPID
US22-4636098
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
-
SHUFE Media Advertising Agency Marketing & Advertising
-
Boadi Trading Company LLC Big Box & Wholesale Store
-
Quality Wheel Repair LLC Powder Coating Service
-
Hobort Shipping And Logistics Shipping Company Freight Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.01M
CAP Approach
CAP
$1.13M
Comparable Approach
Comparable
$1.20M
Blend (final)
Blend
$910k
Owner & transaction history
Ohmshiv Properties III LLC · 5 yrs held
Ohmshiv Properties III LLC
since 2021
Last sale
$910,000
7 recorded transactions
Zoning & alternative use
M1-LIGHT INDUSTRY · 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
Method
Estimation
Statistic approach
$815,000
ML approach
$1,005,000
CAP Approach
CAP Return
Estimation
6%
$1,225,000
6.5%
$1,130,000
7%
$1,050,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,015,000
Current use
Blend value · Realmo final
$910k
Range $819k – $1.00M · ±10% · vs last sale $910k (Mar 25 2021)
Last sale anchor
$910k
Mar 25 2021
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
$91 / 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
$13,227
Tax year 2024
Assessed value
$592,840
Assessed 2024
Previous assessed
$358,800
+65.2% YoY
Effective rate
2.23%
On assessed value
Assessed land
$101,960
Assessed improvement
$490,880
Land market value
$254,900
Improvement market value
$1,227,200
Total market value
$1,482,100
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
2007
Heating
NONE
Cooling
NONE
Stories
1
Total area
10,000 SF
Lot
1.12 ac (48,787 SF)
Zoning code
M1-LIGHT INDUSTRY
APN
R7015 098
UPID
US22-4636098
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
$1.0M
WAREHOUSE, STORAGE Current
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
2007
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.12 ac
Current owner
From public records · entity-resolved
Ohmshiv Properties III LLC
Entity
Free & Clear · 5 yrs held
Mailing address
805 PROGRESS CT STE A, LAWRENCEVILLE, GA 30043-4888
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2021
$910,000
Ohmshiv Properties III LLC
Shiraz Holdings LLC
Warranty Deed
—
Nov 3, 2014
$730,000
Shiraz Holdings LLC
Progress Center Properties LLC
Grant Deed
related
—
Apr 14, 2010
—
Tower Land Development LLC
North Georgia Development
Grant Deed
related
—
Mar 8, 2007
$110,000
North Georgia Dev Partners LLC
Tower Land Dev LLC
Deed
$974,324 · Gainesville Bk&tr
Mar 5, 2007
$110,000
Georgia Development Part North
Tower Land Development LLC
Grant Deed
—
Jul 26, 2006
$274,500
Tower Land Dev LLC
316 South Assocs LLC
Deed
$237,977 · Gainesville Bk&tr
Jul 25, 2006
$274,500
Tower Land Development LLC
316 South Associates LLC
Grant Deed
—
Dec 20, 2005
$4,127,200
316 South Assoc LLC
Lawrenceville Alcovy Investments
Grant Deed
—
—
—
Tower Land Development LLC
—
Deed Of Trust
related
$974,324 · Gainesville Bank & Trust
—
—
North Georgia Dev Partners LLC
—
Deed Of Trust
related
$1,100,000 · Hamilton State Bank
—
—
Tower Land Dev LLC
—
Deed Of Trust
related
$111,334 · Hamilton State Bank
—
—
North Ga Dev Partners LLC
—
Loan Modification
related
$1,211,334 · Hamilton State Bank
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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