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Property profile & analytics
OFF-MARKET
Medical Office Space

1485 Jesse Jewell NE Pkwy Gainesville, GA 30501-3801

69,888 SF 5.37 ac lot Built 2011
Entity Owned 14-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US22-2011454
Property summary
AI-generated overview

This Gainesville, GA property offers 6,073 square feet of surgery center space and 2,173 square feet of medical office space for lease. Located in the Parkway Professional Center, this three-story brick building boasts a common area lobby, two passenger elevators, and ample parking (200 spaces, a 2.96:1,000 SF ratio). Built in 2011 and renovated in 2023, the building is situated on 5.37 acres of land with street frontage on Jesse Jewell Parkway. The property is conveniently located near Northeast Georgia Medical Center, easily accessible from I-985 (Exit 24), and benefits from the continued commercial growth along Jesse Jewell Parkway. The building is zoned OI and features a total of 67,500 square feet, with a minimum divisible space of 2,173 square feet and a maximum contiguous space of 6,073 square feet. The property's Class A designation reflects its high-quality construction and amenities. Hall County location.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2011
Total area 69,888 SF
Lot 5.37 ac (233,917 SF)
Zoning code O-I
APN 01-082 -004-006
UPID US22-2011454
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
  • Onal Erol Do Pediatrician Medical Clinic
  • North Georgia Eye Associates Physician Ophthalmologist
  • Northside ENT Specialists - Gainesville Medical Clinic Physician
  • Dr. Michael Angel ent Physician
  • Christina A. Saurel, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Parkway Professional LLC · 14 yrs held
Parkway Professional LLC
since 2012
Last sale
$29.6M
7 recorded transactions
2019
Price N/A
2019
Price N/A
2017
Price N/A
2012
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
O-I · Gainesville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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