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Property profile & analytics
OFF-MARKET
Estimated value
$1,635,000
Drug stores
1934 Hwy 78th E Snellville, GA 30078
Individually Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1566397
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2005
Total area
12,036 SF
Lot
2.04 ac (88,862 SF)
Zoning code
BG-GENERAL BUSINESS
APN
5-059 -009
UPID
US22-1566397
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.15M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.64M
Owner & transaction history
Davis Estates Ltd · 8 yrs held
Davis Estates Ltd
since 2018
6 recorded transactions
Zoning & alternative use
BG-GENERAL BUSINESS · Snellville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.1M
+3.9%
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 Snellville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Snellville 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,330,000
6.5%
$2,150,000
7%
$2,000,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,015,000
Current use
OFFICE BUILDING
$2,090,000
Change: +4% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,930,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$1.64M
Range $1.47M – $1.80M · ±10%
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
$136 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$27,226
Tax year 2023
Assessed value
$848,160
Assessed 2023
Previous assessed
$848,160
+0.0% YoY
Effective rate
3.21%
On assessed value
Assessed land
$195,600
Assessed improvement
$652,560
Land market value
$489,000
Improvement market value
$1,631,400
Total market value
$2,120,400
Applied tax rate
10.0000
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2005
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Rooms
6
Bathrooms
2
Total area
12,036 SF
Lot
2.04 ac (88,862 SF)
Zoning code
BG-GENERAL BUSINESS
APN
5-059 -009
UPID
US22-1566397
Jurisdiction
GWINNETT
Zoning & alternative use
BG-GENERAL BUSINESS · Snellville, GA
Zoning BG-GENERAL BUSINESS · permitted uses
BG-GENERAL BUSINESS · Snellville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Snellville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.0M
OFFICE BUILDING
Est. value
$2.1M
INDUSTRIAL (GENERAL)
Est. value
$1.9M
RETAIL STORES Current
OFFICE BUILDING
INDUSTRIAL (GENERAL)
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
2005
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Rooms
6
Bathrooms
2
Lot
2.04 ac
Current owner
From public records · entity-resolved
Davis Estates Ltd
Individual
Free & Clear · 8 yrs held
Mailing address
1 CVS DR7893-01, WOONSOCKET, RI 02895-6146
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2018
—
Davis Estates Ltd
Equitrust Life Ins Co
Quit Claim Deed
related
—
Nov 28, 2007
$4,900,000
Davis Estates Ltd
Providence Pavilion LLC
Grant Deed
—
Jul 3, 2007
—
Providence Pavilion LLC
Suntrust Bank
Quit Claim Deed
related
—
May 24, 2006
$3,436,000
Providence Pavilion LLC
Snellville Ga Cvs INC
Grant Deed
—
May 24, 2006
—
Providence Pavilion LLC
Snellville Ga Cvs INC
Quit Claim Deed
related
$1,110,000 · Suntrust Bank NA
Dec 21, 2004
$650,000
Snellville Ga Svcs INC
Highway 78 Associates Ltd
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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