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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Grocery and convenience stores
1261 Thompson Brg Rd Gainesville, GA 30501-1756
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1570528
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2022
Total area
4,500 SF
Lot
0.73 ac (31,799 SF)
Zoning code
N-B
APN
01-074 -004-019
UPID
US22-1570528
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
-
Clipper Petroleum #1 Grocery & Convenience Store
-
Bitcoin Depot - Bitcoin ATM Crypto Atm Atm
-
BP Car Wash
-
Clipper Petroleum Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$760k
CAP Approach
CAP
$1.01M
Comparable Approach
Comparable
$933k
Blend (final)
Blend
$775k
Owner & transaction history
Speedy Sloth LLC · 6 yrs held
Speedy Sloth LLC
since 2020
Last sale
$800,000
2 recorded transactions
Zoning & alternative use
N-B · Gainesville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Standard O-I N-B C-B R-B G-B L-I H-I Table Notes: A “-“ in a cell = Not Permitted *Additional density may be allowed by the Governing Body with approval of a Special Use. **Required zoning buffers may be reduced in width with installation of a structural buffer as provided in Chapter 13-1. CITY OF GAINESVILLE, GA | Unified Land Development Code
Zone name
Neighborhood Business
General category
COMMERCIAL
Zone area
140.44 ac
Source
ARTICLE 9-1
Top alternative use upside
Medical building
$960,000
+37.9%
Auto repair, garage
$855,000
+22.9%
Commercial (general)
$735,000
+5.3%
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 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
$740,000
ML approach
$760,000
CAP Approach
CAP Return
Estimation
6%
$1,095,000
6.5%
$1,010,000
7%
$935,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$695,000
Current use
MEDICAL BUILDING
$960,000
Change: +38% · Conversion: Difficult
AUTO REPAIR, GARAGE
$855,000
Change: +23% · Conversion: Difficult
COMMERCIAL (GENERAL)
$735,000
Change: +5% · Conversion: Easy
OFFICE BUILDING
$640,000
Change: -8% · Conversion: Moderate
RETAIL STORES
$635,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$775k
Range $698k – $853k · ±10% · vs last sale $800k (Feb 28 2020)
Last sale anchor
$800k
Feb 28 2020
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
$172 / 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
$20,946
Tax year 2024
Assessed value
$731,400
Assessed 2024
Previous assessed
$842,760
-13.2% YoY
Effective rate
2.86%
On assessed value
Assessed land
$234,640
Assessed improvement
$496,760
Land market value
$586,600
Improvement market value
$1,241,900
Total market value
$1,828,500
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2022
Heating
YES
Cooling
CENTRAL
Rooms
1
Bathrooms
1
Total area
4,500 SF
Lot
0.73 ac (31,799 SF)
Zoning code
N-B
APN
01-074 -004-019
UPID
US22-1570528
Jurisdiction
HALL
Zoning & alternative use
N-B · Gainesville, GAZoning N-B · permitted uses
N-B · Gainesville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Standard O-I N-B C-B R-B G-B L-I H-I Table Notes: A “-“ in a cell = Not Permitted *Additional density may be allowed by the Governing Body with approval of a Special Use. **Required zoning buffers may be reduced in width with installation of a structural buffer as provided in Chapter 13-1. CITY OF GAINESVILLE, GA | Unified Land Development Code
Zone name
Neighborhood Business
General category
COMMERCIAL
Zone area
140.44 ac
Source
ARTICLE 9-1
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$695,000
MEDICAL BUILDING
Est. value
$960,000
AUTO REPAIR, GARAGE
Est. value
$855,000
COMMERCIAL (GENERAL)
Est. value
$735,000
OFFICE BUILDING
Est. value
$640,000
RETAIL STORES
Est. value
$635,000
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
2022
Heating
YES
Cooling
Yes
Rooms
1
Bathrooms
1
Lot
0.73 ac
Current owner
From public records · entity-resolved
Speedy Sloth LLC
Entity
Free & Clear · 6 yrs held
Mailing address
5317 T L BOWER WAY, FLOWERY BRANCH, GA 30542-2898
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2023
—
Speedy Sloth LLC
—
Deed
related
$3,027,000 · United Community Bank
Feb 28, 2020
$800,000
Speedy Sloth LLC
B LP
Grant 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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