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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Turn key restaurants
1702 Park Hl Dr Gainesville, GA 30501-1954
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US22-0937056
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1975
Construction
STEEL FRAME
Total area
7,358 SF
Lot
0.95 ac (41,382 SF)
Zoning code
H-B
APN
01-084 -007-001C
UPID
US22-0937056
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
-
Poor Richard's Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$515k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$489k
Blend (final)
Blend
$650k
Owner & transaction history
4145 Fulton Industrial LLC
4145 Fulton Industrial LLC
since 2026
Last sale
$710,000
7 recorded transactions
Zoning & alternative use
H-B · 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
$515,000
ML approach
$515,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$650k
Range $585k – $715k · ±10% · vs last sale $710k (Apr 18 2022)
Last sale anchor
$710k
Apr 18 2022
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
$88 / 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
$6,990
Tax year 2024
Assessed value
$244,080
Assessed 2024
Previous assessed
$244,080
+0.0% YoY
Effective rate
2.86%
On assessed value
Assessed land
$94,160
Assessed improvement
$149,920
Land market value
$235,400
Improvement market value
$374,800
Total market value
$610,200
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1975
Construction
STEEL FRAME
Heating
YES
Cooling
CENTRAL
Rooms
40
Bathrooms
1
Total area
7,358 SF
Lot
0.95 ac (41,382 SF)
Zoning code
H-B
APN
01-084 -007-001C
UPID
US22-0937056
Jurisdiction
HALL
Zoning & alternative use
H-B · Gainesville, GAZoning H-B · permitted uses
H-B · 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
1975
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Rooms
40
Bathrooms
1
Lot
0.95 ac
Current owner
From public records · entity-resolved
4145 Fulton Industrial LLC
Entity
Mailing address
2580 RAINTREE DR NE, ATLANTA, GA 30345-1929
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 13, 2026
$497,347
4145 Fulton Industrial LLC
Fardad LLC
Warranty Deed
—
Apr 18, 2022
$710,000
Fardad LLC
Richard Fenwick Lecain
Warranty Deed
$494,900 · Morris Bank
Nov 8, 2018
—
Richard F Lecain
—
Deed
related
$201,045 · Peach St Bk
Jul 13, 2018
—
Richard F Lecain
—
Deed
related
$428,276 · Peach St Bk
May 18, 2017
—
Richard F Lecain
—
Deed
related
$445,940 · Peach St Bk
—
—
Richard F Lecain
—
Loan Modification
related
$201,045 · Peach St Bk
—
—
Richard F Lecain
—
Loan Modification
related
$451,865 · Peach St Bk
—
—
Richard F Lecain
—
Loan Modification
related
$451,865 · Peach St Bk
—
—
Richard F Lecain
—
Deed Of Trust
related
$400,986 · Peach State Bank & Trust
—
—
Richard F Lecain
—
Deed Of Trust
related
$496,345 · Peach State Bank & Trust
—
—
Richard F Lecain
—
Loan Modification
related
$445,940 · Peach St Bk
—
—
Richard F Lecain
—
Loan Modification
related
$428,276 · Peach St Bk
—
—
Richard F Lecain
—
Deed Of Trust
related
$25,000 · Peach State Bank & Trust
—
—
Richard F Lecain
—
Deed Of Trust
related
$458,270 · Peach State Bank & Trust
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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