Technical
Financial
Distress signals
Property profile

115 Washington NE St Gainesville, GA 30501

OFF-MARKET
Turn key restaurants
Property ID
US22-1016487
3,157 SF 0.07 ac lot Built 1910
Entity Owned 7-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1910
Total area 3,157 SF
Lot 0.07 ac (3,049 SF)
Zoning code C-B
APN 01-004 -002-014
UPID US22-1016487

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

115 Washington NE St Gainesville, GA 30501-3641
Gainesville metro Census 1101 GAINESVILLE, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2019
7 recorded transactions
2019
$450,000
2017
Price N/A
2017
$350,000
2016
$1,000
2009
Price N/A
2005
$650,000
1969
Price N/A

Zoning & alternative use

C-B · Gainesville, GA
Zoning description

(d) Off-street parking is not required for any use within the C-B (Central Business) district, unless deemed necessary by the Community and Economic Development Director for new building construction or when included as…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 115 Washington NE St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message