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Property profile & analytics
OFF-MARKET
Estimated value
$1,800,000
Grocery and convenience stores
1000 Athens St Gainesville, GA 30501-6938
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-4509627
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1984
Total area
2,038 SF
Lot
0.49 ac (21,344 SF)
Zoning code
H-B
APN
01-032 -002-010A
UPID
US22-4509627
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
-
Lucky Metro Food Mart Gas Station
-
Texaco Gas Station
-
Mexican taqueria / Restuatrnt Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.79M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.80M
Owner & transaction history
M&b Group Ventures LLC · 3 yrs held
M&b Group Ventures LLC
since 2023
Last sale
$1.8M
5 recorded transactions
Zoning & alternative use
H-B · Gainesville, GA
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 Gainesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gainesville 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
$1,815,000
ML approach
$1,790,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.80M
Range $1.62M – $1.98M · ±10% · vs last sale $1.80M (Apr 3 2023)
Last sale anchor
$1.80M
Apr 3 2023
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
$883 / 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
$4,039
Tax year 2024
Assessed value
$141,040
Assessed 2024
Previous assessed
$98,600
+43.0% YoY
Effective rate
2.86%
On assessed value
Assessed land
$39,040
Assessed improvement
$102,000
Land market value
$97,600
Improvement market value
$255,000
Total market value
$352,600
Applied tax rate
4.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1984
Heating
YES
Cooling
CENTRAL
Rooms
3
Bathrooms
1
Total area
2,038 SF
Lot
0.49 ac (21,344 SF)
Zoning code
H-B
APN
01-032 -002-010A
UPID
US22-4509627
Jurisdiction
HALL
Zoning & alternative use
H-B · Gainesville, GAZoning H-B · permitted uses
H-B · Gainesville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
ARTICLE 9-1
Building & site characteristics
From public records
Year built
1984
Heating
YES
Cooling
Yes
Rooms
3
Bathrooms
1
Lot
0.49 ac
Current owner
From public records · entity-resolved
M&b Group Ventures LLC
Entity
Free & Clear · 3 yrs held
Mailing address
6060 DAWSON BLVD STE M, NORCROSS, GA 30093-1283
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2023
$1,400,000
M&b Group Ventures LLC
Georgian Investment Properties LLC
Warranty Deed
—
Apr 3, 2023
$1,800,000
Sa & Sa Investment Group LLC
M&b Group Ventures LLC
Warranty Deed
$1,169,590 · Georgian Investment Properties
Jan 28, 2021
$700,000
Georgian Investment Properties LLC
Fatema Enterprises LLC
Warranty Deed
—
Jan 4, 2012
$275,000
Fatema Ents LLC
Lucky Metro Foodmart LLC
Grant Deed
$225,000 · William B Jones
Apr 23, 2008
$250,000
Lucky Metro Foodmart LLC
Jones,william B
Grant Deed
$2,250,000 · Jones William B
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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