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Property profile & analytics
OFF-MARKET
Estimated value
$4,340,000
Grocery and convenience stores
2275 Browns Brg Rd Gainesville, GA 30501-4733
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1087516
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1983
Construction
STEEL FRAME
Total area
139,242 SF
Lot
13.32 ac (580,219 SF)
Zoning code
R-B
APN
01-127 -003-060
UPID
US22-1087516
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
-
Maria's Jewelry Designs and Crafts | (Bike/Boat/Book/etc) Store
-
Western Union Bank Credit Union
-
LivWell Personal Care Home (Bike/Boat/Book/etc) Store Cosmetic Store
-
Dollar General Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.69M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.04M
Blend (final)
Blend
$4.34M
Owner & transaction history
O Mart LLC · 5 yrs held
O Mart LLC
since 2020
Last sale
$4.1M
7 recorded transactions
Zoning & alternative use
R-B · Gainesville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Standard O-I N-B C-B R-B G-B L-I H-I Table Notes: A “-“ in a cell = Not Permitted *Additional density may be allowed by the Governing Body with approval of a Special Use. **Required zoning buffers may be reduced in width with installation of a structural buffer as provided in Chapter 13-1. CITY OF GAINESVILLE, GA | Unified Land Development Code
Zone name
Regional Business
General category
COMMERCIAL
Zone area
252.06 ac
Source
ARTICLE 9-1
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 Gainesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gainesville 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
$3,790,000
ML approach
$4,685,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.34M
Range $3.91M – $4.77M · ±10% · vs last sale $4.10M (Sep 4 2020)
Last sale anchor
$4.10M
Sep 4 2020
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
$31 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$153,406
Tax year 2024
Assessed value
$2,838,680
Assessed 2024
Previous assessed
$2,838,680
+0.0% YoY
Effective rate
5.40%
On assessed value
Assessed land
$858,400
Assessed improvement
$1,980,280
Land market value
$2,146,000
Improvement market value
$4,950,700
Total market value
$7,096,700
Applied tax rate
18.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1983
Construction
STEEL FRAME
Heating
YES
Cooling
CENTRAL
Bathrooms
1
Total area
139,242 SF
Lot
13.32 ac (580,219 SF)
Zoning code
R-B
APN
01-127 -003-060
UPID
US22-1087516
Jurisdiction
HALL
Zoning & alternative use
R-B · Gainesville, GAZoning R-B · permitted uses
R-B · Gainesville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Standard O-I N-B C-B R-B G-B L-I H-I Table Notes: A “-“ in a cell = Not Permitted *Additional density may be allowed by the Governing Body with approval of a Special Use. **Required zoning buffers may be reduced in width with installation of a structural buffer as provided in Chapter 13-1. CITY OF GAINESVILLE, GA | Unified Land Development Code
Zone name
Regional Business
General category
COMMERCIAL
Zone area
252.06 ac
Source
ARTICLE 9-1
Building & site characteristics
From public records
Year built
1983
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Bathrooms
1
Lot
13.32 ac
Current owner
From public records · entity-resolved
O Mart LLC
Entity
Free & Clear · 5 yrs held
Mailing address
5696 MONTEREY DR, FRISCO, TX 75034-4091
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 4, 2020
$4,095,000
O Mart LLC
Srpf A Browns Bridge LLC
Grant Deed
—
Feb 2, 2016
—
Srpf A Of Browns Bridge LLC
Browns Bridge Road LLC
Quit Claim Deed
related
—
Oct 22, 2015
—
Srpf A Of Browns Bridge LLC
Browns Bridge Road LLC
Quit Claim Deed
related
—
Oct 22, 2015
$3,873,100
Srpf A Of Browns Bridge LLC
Browns Bridge Road LLC
Grant Deed
related
$3,853,000 · A10 Cap
Jul 22, 2008
—
2293 Browns Bridge Road LLC
Browns Bridge Road LLC
Quit Claim Deed
related
—
Feb 10, 2005
$3,200,000
Browns Bridge Road LLC
Net 1 Gainesville
Grant Deed
—
Feb 10, 2005
—
Browns Bridge Road LLC
Net 1 Gainesville
Quit Claim 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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