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Property profile & analytics
OFF-MARKET Estimated value $6,690,000
Grocery and convenience stores

2155 Limestone NE Rdg Gainesville, GA 30501-2135

55,426 SF 34.48 ac lot Built 2023
Entity Owned 1-yr Hold Free & Clear
Property ID
US22-2680199
Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 2023
Total area 55,426 SF
Lot 34.48 ac (1,501,949 SF)
Zoning code PUD
APN 00-082 -003-001
UPID US22-2680199
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
by Request
Comparable Approach Comparable
$6.91M
Blend (final) Blend
$6.69M
Owner & transaction history
Limestone Hotel Group LLC · 1 yrs held
Limestone Hotel Group LLC
since 2024
7 recorded transactions
2024
$1.8M
2022
$6.0M
2022
Price N/A
2022
$2.9M
2020
$1.1M
2019
$750,000
2016
Price N/A
Zoning & alternative use
PUD · Gainesville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CHAPTER 6 -1 PUD PLANNED UNIT DEVELOPMENT Section 6 -1-1. Purpose and Intent Generally This zoning district is intended to provide flexibility in the mixture and arrangement of land uses, allowing unique and innovative land developments that meet the objectives of the City’s comprehensive plan. The PUD zoning district provides for planned unit developments a…

Zone name Planned Unit Development
General category PLANNED_DEVELOPMENT
Zone area 3,976.50 ac
Source ARTICLE 9-1
Top alternative use upside
Auto repair, garage $10.6M +34.8%
Commercial (general) $9.0M +15.5%
Neighborhood: shopping center $8.6M +9.6%
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