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Property profile & analytics
OFF-MARKET
Estimated value
$375,000
Manufacturing properties
1250 Industrial Blvd Gainesville, GA 30501-6563
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-4168767
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1960
Total area
11,028 SF
Lot
0.86 ac (37,462 SF)
Zoning code
L-I
APN
00-134 -002-013
UPID
US22-4168767
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
-
Community Auto Finance LLC Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.02M
Comparable Approach
Comparable
$1.30M
Blend (final)
Blend
$375k
Owner & transaction history
Miguel A Martinez · 1 yrs held
Miguel A Martinez
since 2025
6 recorded transactions
Zoning & alternative use
L-I · Gainesville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
(1) It is located in a Light Industrial (L-I) or Heavy Industrial (H-I) zoning district; or (2) It is located on the same property as a business or organization with a 501(c)(3) designation. (b) Where approved, community donation boxes shall be located flush against a building wall and shall be maintained on a regular basis in compliance with the Unified Lan…
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
1,470.39 ac
Source
ARTICLE 9-1
Top alternative use upside
Neighborhood: shopping center
$1.7M
+94.6%
Office building
$1.6M
+79.1%
Retail stores
$1.6M
+77.5%
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%
$1,100,000
6.5%
$1,015,000
7%
$945,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$880,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,710,000
Change: +95% · Conversion: Difficult
OFFICE BUILDING
$1,570,000
Change: +79% · Conversion: Difficult
RETAIL STORES
$1,560,000
Change: +78% · Conversion: Moderate
Blend value · Realmo final
$375k
Range $338k – $413k · ±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
$34 / 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
$11,537
Tax year 2024
Assessed value
$402,840
Assessed 2024
Previous assessed
$387,560
+3.9% YoY
Effective rate
2.86%
On assessed value
Assessed land
$76,520
Assessed improvement
$326,320
Land market value
$191,300
Improvement market value
$815,800
Total market value
$1,007,100
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1960
Heating
YES
Cooling
YES
Rooms
22
Bathrooms
2
Total area
11,028 SF
Lot
0.86 ac (37,462 SF)
Zoning code
L-I
APN
00-134 -002-013
UPID
US22-4168767
Jurisdiction
HALL
Zoning & alternative use
L-I · Gainesville, GAZoning L-I · permitted uses
L-I · Gainesville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
(1) It is located in a Light Industrial (L-I) or Heavy Industrial (H-I) zoning district; or (2) It is located on the same property as a business or organization with a 501(c)(3) designation. (b) Where approved, community donation boxes shall be located flush against a building wall and shall be maintained on a regular basis in compliance with the Unified Land Development Code and Code of Ordinances of the City of Gainesville.
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
1,470.39 ac
Source
ARTICLE 9-1
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$880,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.6M
RETAIL STORES
Est. value
$1.6M
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
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
1960
Heating
YES
Cooling
Yes
Rooms
22
Bathrooms
2
Lot
0.86 ac
Current owner
From public records · entity-resolved
Miguel A Martinez
Individual
Free & Clear · 1 yrs held
Mailing address
2242 LK RNCH CT, GAINESVILLE, GA 30506-1128
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 16, 2025
—
Miguel A Martinez
Miguel Angel Martinez
Deed
—
Nov 5, 2018
$545,000
Miguel A Martinez
Emerald Investment Group LLC
Grant Deed
$395,000 · Emerald Investment Group LLC
Jul 25, 2007
—
Emerald Investment Grp LLC
Benson,invetments LP
Grant Deed
related
—
Mar 12, 2007
$330,000
Emerald Investment Grp LLC
Benson Investments LP
Grant Deed
—
—
—
Emerald Investment Grp LLC
—
Deed Of Trust
$432,537 · United Community Bank
—
—
Emerald Investment Group LLC
—
Deed Of Trust
related
$5,976,423 · United Community Bank
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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