227 Atlanta Hwy Gainesville, GA 30501-6418
Property profile & analytics
227 Atlanta Hwy, Gainesville, GA 30501-6418
- Strip malls
- 12,280 SF
- 1.39 lot acres
Property ID
US22-1429360
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.
Location Intelligence
Current Use by Public Records
- David's Insurance / Insurance Agency
- Lavandería Hispana / (Bike/Boat/Book/etc) Store
- Dominguez Injury Centers / Alternative Medicine Practice
- Lavanderia Hispano, Coin Laundry / (Bike/Boat/Book/etc) Store
- Boost Mobile / Mobile Phone Store / Electronics & Wireless Store
Property Details for 227 Atlanta Hwy
- Year built
- 2007
- Construction
- STEEL FRAME
- Lot size
- 1.39 lot acres
- Zone code
- G-B
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 01-126 -006-007
- APU
- 1126006007
Description
This exceptional 12,712 square foot retail center, located at 227 Atlanta Hwy in Gainesville, GA 30501, presents a compelling investment opportunity. The property, built in 2007 and extensively renovated in 2023, boasts a 5.00% cap rate and is currently 100% occupied by a diverse mix of long-term tenants including a restaurant/fish market with a covered patio, a cell phone store, a multi-service business, and a coin laundry. The single-story building features a desirable corner lot with two curb cuts, providing excellent visibility and accessibility. Recent improvements include fresh paint and new LED parking lot lighting. The property's prime location offers easy access to I-985 and is situated near residential areas, additional shopping, and dining options. The attractive two-sided brick front enhances the building's curb appeal. The property is offered at $2,500,000, with a price per square foot of $196.66. This NNN-leased, multi-tenancy property offers a stable income stream and significant upside potential. The APN is 01-00126-06-007. This is a turnkey investment ready for immediate income generation.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,060,000
- ML approach
- $1,105,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,366,000
Market price range: $1.06M - $2.82M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $1,900,000 Current use
- COMMERCIAL (GENERAL)
- $2,005,000 Change: +5% Conversion: Easy
- OFFICE BUILDING
- $1,750,000 Change: -8% Conversion: Moderate
- RETAIL STORES
- $1,735,000 Change: -9% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Gainesville
- County
- Hall
- State
- Georgia
- Longitude
- -83.8382
- Latitude
- 34.2846
- CBSA code
- 23580
- CBSA name
- GAINESVILLE, 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
2024
$15,553
$57,240
$423,160
$480,400
-
$143,100
$1,057,900
$1,201,000
