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Property profile & analytics
OFF-MARKET
Estimated value
$2,390,000
Medical Office Space
2151 Fountain Dr, Snellville, GA 30078-6783
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US22-1167390
Property summary
AI-generated overview
This single-story, 22,382 square foot Class B office building, located at 2151 Fountain Dr, Snellville, GA 30078, presents a fantastic opportunity for businesses seeking flexible office space. Built in 1980, the property sits on 2.76 acres of land and is zoned O1. The building offers a variety of office configurations, suitable for medical, executive, creative, and traditional office uses, as well as professional tenants. Multiple tenancies are available, with a minimum divisible space of 1,300 square feet. Currently, 1,370 square feet is vacant. The property boasts ample parking and is conveniently located near Main Street, offering easy access and high visibility. The building features a total of 22,382 square feet, providing a range of options to accommodate various business needs. This move-in ready space is an excellent choice for companies seeking a well-maintained and conveniently located office in Snellville. The property's APN is R5007-174.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1980
Total area
8,197 SF
Lot
2.68 ac (116,741 SF)
Zoning code
BG-GENERAL BUSINESS
APN
5-007 -174
UPID
US22-1167390
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
$2.39M
CAP Approach
CAP
$1.83M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.39M
Owner & transaction history
Ade 1132 LLC · 1 yrs held
Ade 1132 LLC
since 2024
Last sale
$2.4M
7 recorded transactions
Zoning & alternative use
BG-GENERAL BUSINESS · Snellville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.7M
+39.5%
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
$2,390,000
ML approach
$2,390,000
CAP Approach
CAP Return
Estimation
6%
$1,980,000
6.5%
$1,830,000
7%
$1,700,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,625,000
Current use
AUTO REPAIR, GARAGE
$3,665,000
Change: +40% · Conversion: Difficult
RETAIL STORES
$2,215,000
Change: -16% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,210,000
Change: -16% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,160,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$2.39M
Range $2.15M – $2.63M · ±10% · vs last sale $2.39M (Oct 21 2024)
Last sale anchor
$2.39M
Oct 21 2024
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
$292 / 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
$29,517
Tax year 2023
Assessed value
$982,800
Assessed 2023
Previous assessed
$982,800
+0.0% YoY
Effective rate
3.00%
On assessed value
Assessed land
$115,760
Assessed improvement
$867,040
Land market value
$289,400
Improvement market value
$2,167,600
Total market value
$2,457,000
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
1980
Heating
YES
Cooling
NONE
Buildings
2
Stories
1
Total area
8,197 SF
Lot
2.68 ac (116,741 SF)
Zoning code
BG-GENERAL BUSINESS
APN
5-007 -174
UPID
US22-1167390
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
MEDICAL BUILDING Current
Est. value
$2.6M
AUTO REPAIR, GARAGE
Est. value
$3.7M
RETAIL STORES
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$2.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.2M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
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
1980
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
2.68 ac
Current owner
From public records · entity-resolved
Ade 1132 LLC
Entity
Mailing address
2151 FOUNTAIN DR, SNELLVILLE, GA 30078-6783
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2024
$2,388,258
Ade 1132 LLC
5445 Properties LLC
Warranty Deed
$2,413,640 · Rivan Commerce Place
Oct 21, 2024
—
Ade 1132 LLC
5445 Properties LLC
Quitclaim Deed
related
$10 · Rivan Commerce Place
Aug 17, 2018
$1,525,000
5445 Properties LLC
Bartlee Family Winder LLC
Grant Deed
$1,296,250 · Synovus Bk
Aug 17, 2018
—
5445 Properties LLC
—
Deed
related
$1,296,250 · Synovus Bank
Nov 30, 2015
$950,000
Bartlett Family Winder LLC
Gateway Venture Partners LLC
Warranty Deed
$600,000 · Chattahoochee Bk/ga
Nov 30, 2015
—
Gateway Venture Partners LLC
Combs,richard F
Quit Claim Deed
related
—
Oct 29, 2014
—
Gateway Venture Partners LLC
South St Bk
Quit Claim Deed
related
—
Oct 29, 2014
$417,000
Gateway Venture Partners LLC
South St Bk
Grant Deed
$600,000 · Richard F Combs
Jun 11, 2013
—
Scbt
Atkinson Prop Holdings I LLC
Deed In Lieu Of Foreclosure
related
—
—
—
Atkinson Property Holdings LLC
—
Deed Of Trust
related
$916,794 · Habersham Bank
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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