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Property profile & analytics
FOR LEASE
Warehouses
885 Cripple Creek Dr Lawrenceville, GA 30043
Entity Owned
~
Est. High Equity
Property ID
US22-0176599
For Lease
1 / 62
$21,000 SF/Yr
885 Cripple Creek Dr, Lawrenceville, GA 30043
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Year built
1992
Total area
6,648 SF
Lot
2.39 ac (104,108 SF)
Zoning code
LM-LIGHT MANUFACTURING
APN
R7028 015
UPID
US22-0176599
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
-
Mobile Communications America Telecommunications Service Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$900k
CAP Approach
CAP
$750k
Comparable Approach
Comparable
$725k
Blend (final)
Blend
$900k
Owner & transaction history
Rlf IV East 3 LLC
Rlf IV East 3 LLC
since 2025
Last sale
$900,000
7 recorded transactions
Zoning & alternative use
LM-LIGHT 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
Method
Estimation
Statistic approach
$900,000
ML approach
$900,000
CAP Approach
CAP Return
Estimation
6%
$815,000
6.5%
$750,000
7%
$695,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$675,000
Current use
Blend value · Realmo final
$900k
Range $810k – $990k · ±10% · vs last sale $900k (Jan 8 2024)
Last sale anchor
$900k
Jan 8 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
$135 / 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
$11,506
Tax year 2024
Assessed value
$359,560
Assessed 2024
Previous assessed
$241,600
+48.8% YoY
Effective rate
3.20%
On assessed value
Assessed land
$231,840
Assessed improvement
$127,720
Land market value
$579,600
Improvement market value
$319,300
Total market value
$898,900
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
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Status
For Lease
Year built
1992
Heating
YES
Cooling
NONE
Stories
2
Total area
6,648 SF
Lot
2.39 ac (104,108 SF)
Zoning code
LM-LIGHT MANUFACTURING
APN
R7028 015
UPID
US22-0176599
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
WAREHOUSE, STORAGE Current
Est. value
$675,000
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
1992
Heating
YES
Cooling
Yes
Stories
2
Lot
2.39 ac
Current owner
From public records · entity-resolved
Rlf IV East 3 LLC
Entity
Mailing address
885 CRIPPLE CRK DR, LAWRENCEVILLE, GA 30043-4402
Mailing matches property
Yes
Owner-occupied
Yes
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2025
—
Rlf IV East 3 LLC
885 Cripple Creek LLC
Quitclaim Deed
related
—
Jan 8, 2024
—
885 Cripple Creek LLC
Jebjohngo LLC
Quit Claim Deed
related
—
Dec 27, 2023
$900,000
885 Cripple Creek LLC
Jebjohngo LLC
Warranty Deed
$959,745 · Southern States Bank
Aug 5, 2021
$615,000
Jebjohngo LLC
Candy Bec LLC
Warranty Deed
—
Jul 23, 2019
$850,000
Mingjian Zheng
Kelly,robert J & Nancy K
Grant Deed
$595,000 · Robert J & Nancy K Kelly
Mar 5, 2019
—
Candy Bec LLC
—
Deed
related
$179,543 · Piedmont Bk
—
—
Candy Bec LLC
—
Deed Of Trust
related
$290,000 · The Piedmont Bank
—
—
Candy Bec LLC
—
Loan Modification
related
$179,543 · Piedmont Bk
—
—
Candy Bec LLC
—
Deed Of Trust
related
$342,967 · The Piedmont Bank
—
—
Candybec LLC
—
Loan Modification
related
—
—
—
Candy Bec LLC
—
Deed Of Trust
related
$456,433 · Georgian Bank
—
—
Candybec LLC
—
Loan Modification
related
—
—
—
Candy Bec LLC
—
Deed Of Trust
related
$342,967 · Piedmont Bk
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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