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Property profile & analytics
OFF-MARKET
Estimated value
$110,000
Manufacturing properties
1622 Gibbs Dr Gainesville, GA 30507-8300
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-4739455
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1997
Construction
STEEL FRAME
Total area
6,000 SF
Lot
0.95 ac (41,382 SF)
Zoning code
PID
APN
15-031 -000-114
UPID
US22-4739455
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
-
ATak Defense LLC Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$125k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$110k
Owner & transaction history
Bene & Son Properties LLC · 3 yrs held
Bene & Son Properties LLC
since 2023
Last sale
$118,400
7 recorded transactions
Zoning & alternative use
PID · Gainesville, GA
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
$110,000
ML approach
$125,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$110k
Range $99k – $121k · ±10% · vs last sale $118k (May 12 2023)
Last sale anchor
$118k
May 12 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
$18 / 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
$2,874
Tax year 2024
Assessed value
$116,480
Assessed 2024
Previous assessed
$143,000
-18.5% YoY
Effective rate
2.47%
On assessed value
Assessed land
$28,240
Assessed improvement
$88,240
Land market value
$70,600
Improvement market value
$220,600
Total market value
$291,200
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1997
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Total area
6,000 SF
Lot
0.95 ac (41,382 SF)
Zoning code
PID
APN
15-031 -000-114
UPID
US22-4739455
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
Building & site characteristics
From public records
Year built
1997
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Lot
0.95 ac
Current owner
From public records · entity-resolved
Bene & Son Properties LLC
Entity
Free & Clear · 3 yrs held
Mailing address
4335 PNE VALE RD, GAINESVILLE, GA 30507-8769
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 12, 2023
—
Bene & Son Properties LLC
Gabriella Hamza
Quit Claim Deed
related
—
May 24, 2018
—
Gabriella Hamza
Hamza,istvan
Quit Claim Deed
related
—
May 24, 2018
$118,400
Istvan Hamza
Nak Construction Services LLC
Grant Deed
—
Jan 12, 2011
$245,000
Istvan Hamza
Nfps INC
Grant Deed
—
Jan 12, 2011
—
Nak Construction Services LLC
Hamza,istvan
Warranty Deed
$183,750 · Wells Fargo Bank
Nov 14, 2006
$242,500
4300 Bus Park LLC
Extreme Sports INC
Grant Deed
—
Oct 10, 2006
$242,500
Extreme Sports INC
Ivie,james Russell
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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