Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1643 Buford Hwy Buford, GA 30518-3708

    • Grocery and convenience stores
    • 8,152 SF
    • 1.20 lot acres
    OFF-MARKET
    Value Estimations
    $1,155,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1319599
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Tacos Don Neto / Taco Restaurant
    • Mo Tropical Foods / African Goods Store
    • Marathon / Gas Station
    • Food Mart / Convenience Store
    • RockItCoin Bitcoin ATM / Crypto Atm

    Property Details for 1643 Buford Hwy

    Year built
    2007
    Lot size
    1.20 lot acres
    Property size
    8,152 SF
    Zone code
    C2-GENERAL BUSINESS
    Property type
    Grocery and convenience stores
    APN
    7-259 -251
    APU
    7259251

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $827,000
      Market price range: $606k - $943k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Buford
    County
    Gwinnett
    State
    Georgia
    Longitude
    -84.009
    Latitude
    34.0994
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $20,188
    $277,880
    $1,128,920
    $1,406,800
    -
    $694,700
    $2,822,300
    $3,517,000

    Comparable in this City

    • Value Estimation
      $620,000
      3,465 SF

      6986 Mcever Rd

      CONVENIENCE STORE • 3,465 SF
      6986 Mcever Rd, Buford, GA 30518-1527
      View Details
    • Value Estimation by Request
      2,400 SF

      2155 Buford Dm Rd

      CONVENIENCE STORE • 2,400 SF
      2155 Buford Dm Rd, Buford, GA 30518-2031
      View Details
    • Value Estimation
      $1,100,000
      4,760 SF

      565 Main St

      CONVENIENCE STORE • 4,760 SF
      565 Main St, Buford, GA 30518-2597
      View Details
    • Value Estimation by Request
      3,040 SF

      3933 Buford Dr

      CONVENIENCE STORE • 3,040 SF
      3933 Buford Dr, Buford, GA 30518-4959
      View Details
    • Value Estimation
      $2,085,000
      4,141 SF

      2395 Buford Dm Rd

      CONVENIENCE STORE • 4,141 SF
      2395 Buford Dm Rd, Buford, GA 30518-7035
      View Details
    • Value Estimation
      $1,810,000
      12,926 SF

      4995 Lanier Iss Pkwy

      CONVENIENCE STORE • 12,926 SF
      4995 Lanier Iss Pkwy, Buford, GA 30518-1741
      View Details

    Similar Nearby for Sale

    • $1,600,000
      9,170 SF

      Historic Buford Commercial Property For Sale

      Iconic, income-producing property in vibrant historic district.
      37 E Main St, Buford, GA 30518
      View Details
    • New
      $1,490,000
      2,596 SF

      Mixed-Use Buildings in Downtown Sugar Hill

      Two mixed-use buildings on 0.53 acres in high-traffic downtown.
      4973 W Broad St, Sugar Hill, GA 30518
      View Details
    • $699,900
      0.78 Acres

      Commercial Corner Lot on Highway

      Highly visible commercial corner lot with good potential in Buford.
      879 Gainesville Hwy, Buford, GA 30518
      View Details
    • $2,350,000

      Buford Commercial Warehouse Opportunity

      Prime commercial warehouse with showroom space in a growing community.
      4388 Sudderth Rd, Buford, GA 30518
      View Details
    • $699,900
      0.78 Acres

      Commercial Corner Lot in Buford

      Highly visible corner lot with development potential near Gainesville Highway.
      879 Gainesville Hwy, Buford, GA 30518
      View Details
    • $799,900
      0.60 Acres

      Buford Retail Center - Prime Location

      Historic Buford, GA Retail Investment Opportunity
      4685 Lee St, Buford, GA 30518
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Freestanding Retail with Drive-Thru

      Former bank/dental office with drive-thru in high-growth market.
      Buford, GA 30518
      View Details
    • Contact for pricing
      2,800 SF

      Retail Space in Sugar Hill

      Retail space available for lease in Sugar Hill, Georgia.
      5021 Nelson Brogdon Blvd, Sugar Hill, GA 30518
      View Details
    • Contact for pricing
      167,935 SF

      Lees Crossing Retail Center

      Buford, GA: Prime Retail Space Available
      4125 Ga Hwy 20, Buford, GA 30518
      View Details
    • Contact for pricing
      8,000 SF

      Buford Retail/Automotive Space Available

      8,000 SF former Auto Zone in Buford, GA.
      1640 Buford Hwy, Buford, GA 30518
      View Details
    • Contact for pricing
      73,938 SF

      Buford Highway Retail Center

      High-traffic retail space available in Buford, GA
      1605 Buford Hwy, Buford, GA 30518
      View Details
    • $4,500 /Mo
      130,680 SF

      Buford Auto-Service Facility For Rent

      Turnkey automotive facility with office space and vehicle lifts.
      884 Gainesville Hwy, Buford, GA 30518
      View Details

    Property Visit Statistics

    • Visits by month
      7.6k
    • Visitors by month
      5.9k
    • Avg Time on site
      18 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1643 Buford Hwy
    Buford, GA 30518-3708
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.