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Property profile & analytics
OFF-MARKET
Estimated value
$3,410,000
Drug stores
204 Dawson Vlg S Way Dawsonville, GA 30534-5629
Entity Owned
1-yr Hold
Free & Clear
Property ID
US22-0986666
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2003
Total area
14,490 SF
Lot
1.64 ac (71,438 SF)
Zoning code
C-HB
APN
114 020 009
UPID
US22-0986666
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
-
Western Union Bank Credit Union
-
higi Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.72M
CAP Approach
CAP
$3.14M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.41M
Owner & transaction history
Mmac Pix2 Atlania North Spe LLC · 1 yrs held
Mmac Pix2 Atlania North Spe LLC
since 2025
Last sale
$3.4M
6 recorded transactions
Zoning & alternative use
C-HB · Dawsonville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.3M
+104.8%
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 Dawsonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dawsonville 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
$3,400,000
ML approach
$3,715,000
CAP Approach
CAP Return
Estimation
6%
$3,395,000
6.5%
$3,135,000
7%
$2,910,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,295,000
Change: +105% · Conversion: Easy
Blend value · Realmo final
$3.41M
Range $3.07M – $3.75M · ±10% · vs last sale $3.40M (Nov 29 2023)
Last sale anchor
$3.40M
Nov 29 2023
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
$235 / 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
$13,696
Tax year 2023
Assessed value
$829,760
Assessed 2023
Previous assessed
$829,760
+0.0% YoY
Effective rate
1.65%
On assessed value
Assessed land
$580,320
Assessed improvement
$249,440
Land market value
$1,450,800
Improvement market value
$623,600
Total market value
$2,074,400
Applied tax rate
1.0000
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
2003
Heating
CENTRAL
Cooling
CENTRAL
Total area
14,490 SF
Lot
1.64 ac (71,438 SF)
Zoning code
C-HB
APN
114 020 009
UPID
US22-0986666
Jurisdiction
DAWSON
Zoning & alternative use
C-HB · Dawsonville, GA
Zoning C-HB · permitted uses
C-HB · Dawsonville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dawsonville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$2.3M
OFFICE BUILDING
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
2003
Heating
CENTRAL
Cooling
Yes
Lot
1.64 ac
Current owner
From public records · entity-resolved
Mmac Pix2 Atlania North Spe LLC
Entity
Free & Clear · 1 yrs held
Ownership since
2025
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 31, 2025
$7,132,400
Mmac Pix2 Atlania North Spe LLC
Dawsonville Village Way Mob LLC
Deed
—
Dec 12, 2023
—
Dawsonville Village Way Mob LLC
John P Adams Properties INC
Re-recorded Document
related
—
Nov 29, 2023
—
Dawsonville Village Way Mob LLC
John P Adams Properties INC
Quit Claim Deed
related
—
Nov 29, 2023
$3,400,000
Dawsonville Village Way Mob LLC
John P Adams Properties INC
Limited Warranty Deed
—
Jan 4, 2007
—
Wendell M Starke
Highsmith Marks Co LLC
Quit Claim Deed
related
—
Dec 27, 2006
—
Beartooth V Entures LLC
Highsmith Marks Co LLC
Grant Deed
related
—
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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