Financial
Distress signals
Property profile

1038 Martin Luther King Jr Blvd Gainesville, GA 30501

OFF-MARKET
Manufacturing properties
Property ID
US22-2659145
26,900 SF 2.91 ac lot Built 1955
Last sale Feb 2022 · $1,950,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$24k
Tax billed · 2024
Assessed value$835k
Assessed land$154k
Assessed improvement$680k
Effective rate2.86%

Value estimate

· Sep 2026
$1.41M
$1.27M – $1.55M
AI approach$1.54M
CAP approach$2.48M
Submarket $/SF estimate$2.69M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$80/SF
ZIP average, outlier-cleaned · 45 recorded sales of this use type
Observed band · Q1–Q3$38 – $140

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
H-I
The heavy industrial (H-I) district is intended for the location of primarily light and heavy manufacturing uses with limited restriction...
General categoryINDUSTRIAL
JurisdictionHALL

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith9.0
Garden Center8.6
Catering Service8.6

Location

1038 Martin Luther King Jr Blvd Gainesville, GA 30501-4885
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2410 Hilton, Gainesville, GA 30501-6192 $2,835,000 Feb 2025 16,250 SF
959 Dorsey, Gainesville, GA 30501-6621 $775,000 Oct 2024 30,641 SF
514 Davis, Gainesville, GA 30501-6702 $1,250,000 Sep 2024 15,500 SF
896 Main SW, Gainesville, GA 30501-4424 $450,000 Jul 2024 30,744 SF
400 Highland, Gainesville, GA 30501-6202 $1,500,000 Jun 2023 17,589 SF
434 High SW, Gainesville, GA 30501-4414 $1,650,000 Jul 2022 17,738 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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