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Property profile & analytics
OFF-MARKET Estimated value $15,515,000
Grocery and convenience stores

1931 Jesse Jewell NE Pkwy Gainesville, GA 30501

118,917 SF 14.81 ac lot Built 2014
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US22-3601544
Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 2014
Total area 118,917 SF
Lot 14.81 ac (645,124 SF)
Zoning code PUD
APN 09-123 -000-015
UPID US22-3601544
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
  • Primo Water Exchange Big Box & Wholesale Store
  • Starbucks Cafe & Coffee Shop
  • Coinstar Kiosk - Bitcoin ATM Atm Currency Exchange Service
  • KeyMe Locksmiths Locksmith (Bike/Boat/Book/etc) Store
  • Redbox Cinema (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$21.09M
Comparable Approach Comparable
$16.41M
Blend (final) Blend
$15.52M
Owner & transaction history
New Holland Dev Co LLC · 7 yrs held
New Holland Dev Co LLC
since 2018
1 recorded transaction
2018
$12.5M
Zoning & alternative use
PUD · Gainesville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CHAPTER 6 -1 PUD PLANNED UNIT DEVELOPMENT Section 6 -1-1. Purpose and Intent Generally This zoning district is intended to provide flexibility in the mixture and arrangement of land uses, allowing unique and innovative land developments that meet the objectives of the City’s comprehensive plan. The PUD zoning district provides for planned unit developments a…

Zone name Planned Unit Development
General category PLANNED_DEVELOPMENT
Zone area 3,976.50 ac
Source ARTICLE 9-1
Top alternative use upside
Medical building $25.4M +51.1%
Auto repair, garage $22.6M +34.8%
Commercial (general) $19.4M +15.5%
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