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Property profile & analytics
OFF-MARKET
Estimated value
$965,000
Industrial land
1602 Athens Hwy Gainesville, GA 30507-7306
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-1347038
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Year built
1991
Construction
STEEL FRAME
Total area
5,000 SF
Lot
26.32 ac (1,146,499 SF)
Zoning code
PID
APN
15-032 -000-036
UPID
US22-1347038
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
-
Cash For Cars - Atlanta North Auto Repair Shop Auto Parts Store
-
Copart - Atlanta North Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$935k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$682k
Blend (final)
Blend
$965k
Owner & transaction history
C&d Leasing LLC · 3 yrs held
C&d Leasing LLC
since 2023
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
PID · Gainesville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
ARTICLE 9-1
Top alternative use upside
Restaurant
$1.5M
+255.5%
Medical building
$1.0M
+138.1%
Commercial (general)
$1.0M
+131.2%
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
$920,000
ML approach
$935,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,545,000
Change: +255% · Conversion: Difficult
MEDICAL BUILDING
$1,035,000
Change: +138% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,005,000
Change: +131% · Conversion: Difficult
AUTO REPAIR, GARAGE
$950,000
Change: +119% · Conversion: Easy
OFFICE BUILDING
$820,000
Change: +89% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$775,000
Change: +78% · Conversion: Difficult
RETAIL STORES
$750,000
Change: +73% · Conversion: Moderate
Blend value · Realmo final
$965k
Range $869k – $1.06M · ±10% · vs last sale $1.00M (Jul 11 2023)
Last sale anchor
$1.00M
Jul 11 2023
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
$193 / 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
$14,544
Tax year 2024
Assessed value
$589,560
Assessed 2024
Previous assessed
$589,560
+0.0% YoY
Effective rate
2.47%
On assessed value
Assessed land
$589,560
Land market value
$1,473,900
Total market value
$1,473,900
Applied tax rate
1.0000
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Year built
1991
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Bathrooms
2
Total area
5,000 SF
Lot
26.32 ac (1,146,499 SF)
Zoning code
PID
APN
15-032 -000-036
UPID
US22-1347038
Jurisdiction
HALL
Zoning & alternative use
PID · Gainesville, GAZoning PID · permitted uses
PID · Gainesville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
ARTICLE 9-1
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$950,000
OFFICE BUILDING
Est. value
$820,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$775,000
RETAIL STORES
Est. value
$750,000
RESTAURANT
MEDICAL BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1991
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Bathrooms
2
Lot
26.32 ac
Current owner
From public records · entity-resolved
C&d Leasing LLC
Entity
Mailing address
1602 PO BOX 3394TH HWY, GAINESVILLE, GA 30503-3394
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2023
$1,000,000
C&d Leasing LLC
J Nathan Deal
Warranty Deed
$2,943,940 · Hkc Investments
Jul 11, 2023
—
J Nathan Deal
C&d Leasing LLC
Warranty Deed
—
Feb 22, 2013
—
C & D Leasing LLC
Cronan,h Kenneth
Quit Claim Deed
—
Oct 15, 2007
$184,000
Kacy Crinan
Deal,j Nathan
Grant Deed
—
Jul 15, 2005
—
Deal,j Nathan
—
Grant Deed
related
$1,152,441 · Peach St Bk
—
—
C & D Leasing LLC
—
Loan Modification
related
—
—
—
H Kenneth Cronan
—
Deed Of Trust
related
$750,000 · Branch Banking & Trust Co
—
—
J Mathan Deal
—
Deed Of Trust
related
$1,000,000 · Peach State Bank & Trust
—
—
H Kenneth Cronan
—
Deed Of Trust
related
$750,000 · Branch Banking & Trust Co
—
—
Deal,j Nathan
—
Deed Of Trust
related
$1,000,000 · Peach St Bk
—
—
C & D Leasing LLC
—
Loan Modification
related
$2,186,163 · Truist 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.
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