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    Property profile & analytics

    1983 Main E St Snellville, GA 30078-6426

    • Commercial real estate
    • 8,064 SF
    • 5.63 lot acres
    OFF-MARKET
    Value Estimation
    $1,935,000
    Last Sale
    Aug 28, 2024
    $1,925,000
    Location Intelligence
    Property ID
    US22-0698198
    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

    • Commercial real estate

    Property Details for 1983 Main E St

    Year built
    1976
    Construction
    WOOD
    Lot size
    5.63 lot acres
    Property size
    8,064 SF
    Zone code
    BG-GENERAL BUSINESS
    Property type
    Commercial real estate
    APN
    5-059 -028
    APU
    5059028

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,925,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,935,000
      6.5%
      $1,980,000
      7%
      $1,980,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,975,000
      Geo Method
      $1,665,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,945,000
      Retail
      $2,310,000
      Mixed-Use
      $1,790,000
      Hospitality
      $2,220,000
      Educational
      $2,240,000
      Residential Income
      $2,245,000
      Energy
      $2,170,000
      Income-Based Land
      $2,315,000
      Food Service
      $2,125,000

    Location Insight

    • Map
    • Local Demand
    City
    Snellville
    County
    Gwinnett
    State
    Georgia
    Longitude
    -83.9963
    Latitude
    33.8572
    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
    $13,739
    $240,480
    $187,520
    $428,000
    -
    $601,200
    $468,800
    $1,070,000

    Comparable in this City

    • Value Estimation by Request
      12,386 SF

      1560 Summit Chase Dr

      Commercial real estate • 12,386 SF
      1560 Summit Chase Dr, Snellville, GA 30078
      View Details
    • Value Estimation by Request
      0.09 Acres

      124th Hwy Hwy

      COMMERCIAL (GENERAL) • 0.09 Acres
      124th Hwy Hwy, Snellville, GA 30078
      View Details
    • Value Estimation
      $255,000
      2,427 SF

      2326 Wisteria Dr Ste, Unit 110

      COMMERCIAL (GENERAL) • 2,427 SF
      2326 Wisteria Dr Ste, Snellville, GA 30078-6175
      View Details
    • Value Estimation by Request
      2,250 SF

      2336 Wisteria Dr Ste, Unit 140

      COMMERCIAL (GENERAL) • 2,250 SF
      2336 Wisteria Dr Ste, Snellville, GA 30078-6162
      View Details
    • Value Estimation
      $240,000
      1,500 SF

      2336 Wisteria Dr Ste, Unit 310

      COMMERCIAL (GENERAL) • 1,500 SF
      2336 Wisteria Dr Ste, Snellville, GA 30078-6164
      View Details
    • Value Estimation
      $1,370,000
      11,500 SF

      2386 Clower St

      COMMERCIAL (GENERAL) • 11,500 SF
      2386 Clower St, Snellville, GA 30078-6134
      View Details

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    Similar Nearby for Lease

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    • $72 SF/Yr
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    • $272 SF/Yr
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      Snellville Office Space for Lease

      688 sq ft, move-in ready office suite
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    • $2,250 /Mo
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      Warehouse in Snellville, GA, with high traffic and easy access.
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      View Details
    • $432 /Mo
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      Snellville Office Space for Lease

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      2386 Clower St, Snellville, GA 30078
      View Details
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    1983 Main E St
    Snellville, GA 30078-6426
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    Realmo Value Estimation

    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.

    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.

    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
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