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Property profile & analytics
OFF-MARKET
Estimated value
$950,000
Retail space
11 Grv St Dahlonega, GA 30533-1279
Entity Owned
2-yr Hold
Free & Clear
Property ID
US22-4002988
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1973
Total area
13,460 SF
Lot
0.34 ac (14,810 SF)
Zoning code
CBD
APN
D11 078
UPID
US22-4002988
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
-
Taste Wine and Coffee / Georgia Farm Wines Bar & Pub
-
TasteDahlonega Specialty Food Shop Wine and Liquor Store
-
Dahlonega Printing (Bike/Boat/Book/etc) Store Printing Service
-
Carriage House Shoppes Shopping Center & Mall
-
You-nique Jewelry and Gifts (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$950k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$741k
Blend (final)
Blend
$950k
Owner & transaction history
South Bluff Investments LLC · 2 yrs held
South Bluff Investments LLC
since 2024
Last sale
$950,000
1 recorded transaction
Zoning & alternative use
CBD · Dahlonega, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of this Article is to establish and preserve a compact central business district convenient and attractive for a wide range of retail uses, business transactions, government and professional offices, places of amusement, employment activities, and services to the public designed primarily to meet the day-to-day shopping and service needs of reside…
Zone name
Central Business District
General category
CIVIC_INSTITUTIONAL
Zone area
33.75 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$1.6M
+13.3%
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 Dahlonega submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dahlonega 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
$950,000
ML approach
$950,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,365,000
Current use
COMMERCIAL (GENERAL)
$1,550,000
Change: +13% · Conversion: Easy
MEDICAL BUILDING
$1,345,000
Change: -2% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,205,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±10% · vs last sale $950k (Apr 3 2024)
Last sale anchor
$950k
Apr 3 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
$71 / 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
$9,128
Tax year 2024
Assessed value
$316,683
Assessed 2024
Previous assessed
$316,683
+0.0% YoY
Effective rate
2.88%
On assessed value
Assessed land
$64,362
Assessed improvement
$252,321
Land market value
$160,906
Improvement market value
$630,803
Total market value
$791,709
Applied tax rate
2.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1973
Heating
SPACE
Total area
13,460 SF
Lot
0.34 ac (14,810 SF)
Zoning code
CBD
APN
D11 078
UPID
US22-4002988
Jurisdiction
LUMPKIN
Zoning & alternative use
CBD · Dahlonega, GAZoning CBD · permitted uses
CBD · Dahlonega, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of this Article is to establish and preserve a compact central business district convenient and attractive for a wide range of retail uses, business transactions, government and professional offices, places of amusement, employment activities, and services to the public designed primarily to meet the day-to-day shopping and service needs of residents of the City of Dahlonega.
Zone name
Central Business District
General category
CIVIC_INSTITUTIONAL
Zone area
33.75 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.2M
RETAIL STORES Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1973
Heating
SPACE
Lot
0.34 ac
Current owner
From public records · entity-resolved
South Bluff Investments LLC
Entity
Free & Clear · 2 yrs held
Mailing address
11 S GRV ST, DAHLONEGA, GA 30533-1279
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2024
$950,000
South Bluff Investments LLC
Gober Family Partnership LLC
Warranty Deed
—
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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