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Property profile & analytics
OFF-MARKET
Estimated value
$3,255,000
Medical Office Space
2121 Fountain Dr Snellville, GA 30078-7023
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0941064
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1979
Total area
15,973 SF
Lot
2.55 ac (111,078 SF)
Zoning code
OP-OFFICE PROFESSIONAL
APN
5-007 -243
UPID
US22-0941064
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
$2.98M
CAP Approach
CAP
$3.57M
Comparable Approach
Comparable
$3.70M
Blend (final)
Blend
$3.26M
Owner & transaction history
Corners D003 LLC · 5 yrs held
Corners D003 LLC
since 2021
Last sale
$3.3M
4 recorded transactions
Zoning & alternative use
OP-OFFICE PROFESSIONAL · Snellville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$2,800,000
ML approach
$2,975,000
CAP Approach
CAP Return
Estimation
6%
$3,860,000
6.5%
$3,565,000
7%
$3,310,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$5,115,000
Current use
COMMERCIAL (GENERAL)
$4,305,000
Change: -16% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$4,210,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$3.26M
Range $2.93M – $3.58M · ±10% · vs last sale $3.25M (Apr 20 2021)
Last sale anchor
$3.25M
Apr 20 2021
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
$204 / 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
$29,012
Tax year 2023
Assessed value
$782,000
Assessed 2023
Previous assessed
$782,000
+0.0% YoY
Effective rate
3.71%
On assessed value
Assessed land
$110,160
Assessed improvement
$671,840
Land market value
$275,400
Improvement market value
$1,679,600
Total market value
$1,955,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1979
Heating
FORCED AIR
Cooling
NONE
Stories
1
Total area
15,973 SF
Lot
2.55 ac (111,078 SF)
Zoning code
OP-OFFICE PROFESSIONAL
APN
5-007 -243
UPID
US22-0941064
Jurisdiction
GWINNETT
Zoning & alternative use
OP-OFFICE PROFESSIONAL · Snellville, GA
Zoning OP-OFFICE PROFESSIONAL · permitted uses
OP-OFFICE PROFESSIONAL · 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
MEDICAL BUILDING Current
Est. value
$5.1M
COMMERCIAL (GENERAL)
Est. value
$4.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.2M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
1979
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
2.55 ac
Current owner
From public records · entity-resolved
Corners D003 LLC
Entity
Mailing address
2965 PHARR CT SNW APT #805, ATLANTA, GA 30305-2141
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 19, 2023
—
Aew Property LLC
—
Deed
related
$2,000,000 · Standard Insurance
Apr 20, 2021
$1,519,250
Corners D003 LLC
Roaring Fork 3 LLC
Warranty Deed
$1,007,500 · Loyal Trust Bank
Mar 31, 2017
—
Roaring Fork 3 LLC
—
Deed
related
$995,000 · Branch Bk&tr
—
—
Roaring Fork 3 LLC
—
Loan Modification
related
$995,000 · Branch Bk&tr
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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