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Property profile & analytics
OFF-MARKET
Estimated value
$9,855,000
Strip malls
950 Herrington Rd Lawrenceville, GA 30044-7217
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US22-1442362
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1996
Total area
76,358 SF
Lot
12 ac (522,720 SF)
Zoning code
C2-GENERAL BUSINESS
APN
7-038 -032
UPID
US22-1442362
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
-
The UPS Store Courier Service Postal Service
-
Inside-Out Construction LLC Construction Company
-
Veracity Asset Solutions Consultant
-
Metro by T-Mobile Mobile Phone Store Electronics & Wireless Store
-
higi Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.86M
Owner & transaction history
Cruse Crossing Partners LLC · 18 yrs held
Cruse Crossing Partners LLC
since 2007
7 recorded transactions
Zoning & alternative use
C2-GENERAL BUSINESS · 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
$129 / 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
$143,236
Tax year 2023
Assessed value
$3,803,200
Assessed 2023
Previous assessed
$3,803,200
+0.0% YoY
Effective rate
3.77%
On assessed value
Assessed land
$1,200,000
Assessed improvement
$2,603,200
Land market value
$3,000,000
Improvement market value
$6,508,000
Total market value
$9,508,000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1996
Heating
YES
Cooling
NONE
Buildings
3
Stories
1
Total area
76,358 SF
Lot
12 ac (522,720 SF)
Zoning code
C2-GENERAL BUSINESS
APN
7-038 -032
UPID
US22-1442362
Jurisdiction
GWINNETT
Zoning & alternative use
C2-GENERAL BUSINESS · Lawrenceville, GA
Zoning C2-GENERAL BUSINESS · permitted uses
C2-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.
Building & site characteristics
From public records
Year built
1996
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Lot
12 ac
Current owner
From public records · entity-resolved
Cruse Crossing Partners LLC
Entity
Mailing address
336 N ALTA VIS BLVD, LOS ANGELES, CA 90036-2543
Ownership since
2007
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 14, 2007
$2,895,000
Cruse Crossing Partners LLC
Black Sox LLC
Grant Deed
$9,120,000 · Merrill Lynch Trust 2006-c2
Oct 30, 2007
$12,015,000
Cruse Crossing Partners LLC
Black Sox LLC
Grant Deed
—
May 31, 2006
$11,400,000
Black Sox LLC
Cruse Crossing Assoc LLC
Grant Deed
—
May 31, 2006
—
Black Sox LLC
Cruse Crossing Assoc LLC
Quit Claim Deed
related
$9,120,000 · Artesia Mortgage Capital Corp
May 15, 2006
$11,400,000
Black Sox LLC
Cruse Crossing Assoc LLC
Grant Deed
—
—
—
Cruise Xing Assoc LLC
—
Deed Of Trust
related
$6,750,000 · American Trust Bank
—
—
Black Sox LLC
—
Deed Of Trust
related
$9,120,000 · Artesia Mortgage Capital Corp
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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