Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,180,000
Strip malls
1210 Thompson Brg Rd Gainesville, GA 30501-1779
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1675801
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1968
Total area
65,799 SF
Lot
4.44 ac (193,406 SF)
Zoning code
R-B
APN
01-074 -001-001D
UPID
US22-1675801
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
-
Elite Furniture Interior Design Home Decor Store
-
Elevation Fitness Gym & Fitness Center
-
Subway Take-out & Catering
-
ATM Atm
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.99M
Blend (final)
Blend
$6.18M
Owner & transaction history
Baker James E & Associates · 8 yrs held
Baker James E & Associates
since 2017
4 recorded transactions
Zoning & alternative use
R-B · Gainesville, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$10,190,000
Current use
OFFICE BUILDING
$9,380,000
Change: -8% · Conversion: Moderate
RETAIL STORES
$9,295,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$6.18M
Range $5.56M – $6.80M · ±10%
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
$94 / 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
$70,371
Tax year 2024
Assessed value
$2,457,200
Assessed 2024
Previous assessed
$2,457,200
+0.0% YoY
Effective rate
2.86%
On assessed value
Assessed land
$1,000,702
Assessed improvement
$1,456,498
Land market value
$2,501,756
Improvement market value
$3,641,244
Total market value
$6,143,000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1968
Heating
YES
Cooling
CENTRAL
Buildings
2
Rooms
53
Bathrooms
1
Total area
65,799 SF
Lot
4.44 ac (193,406 SF)
Zoning code
R-B
APN
01-074 -001-001D
UPID
US22-1675801
Jurisdiction
HALL
Zoning & alternative use
R-B · Gainesville, GA
Zoning R-B · permitted uses
R-B · Gainesville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gainesville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$10.2M
OFFICE BUILDING
Est. value
$9.4M
RETAIL STORES
Est. value
$9.3M
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
RETAIL STORES
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
1968
Heating
YES
Cooling
Yes
Buildings
2
Rooms
53
Bathrooms
1
Lot
4.44 ac
Current owner
From public records · entity-resolved
Baker James E & Associates
Entity
Free & Clear · 8 yrs held
Mailing address
3203 CLB PT WAY, GAINESVILLE, GA 30506-1638
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2023
—
James E Baker & Associates LLC
—
Deed
related
$3,900,000 · Standard Insurance
Dec 12, 2018
—
James E Baker & Associates LLC
—
Deed
related
$3,694,297 · Wells Fargo Bk
Nov 27, 2017
—
Baker James E & Associates
Baker,james E
Quit Claim Deed
related
—
—
—
James E Baker & Associates LLC
—
Loan Modification
related
$3,694,297 · Wells Fargo Bk
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.
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 1210 Thompson Brg Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
