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Property profile & analytics
OFF-MARKET
Estimated value
$10,145,000
Medical Office Space
2334 Sparta Way, Buford, GA 30519-2001
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-2584186
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2020
Total area
16,838 SF
Lot
1.42 ac (61,855 SF)
Zoning code
MUNI
APN
15-041J-000-012
UPID
US22-2584186
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
-
Braselton Endoscopy Center Medical Clinic Hospital
-
Gastroenterology Associates of Gainesville, P.C. Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.92M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.15M
Owner & transaction history
Prorep Fund I Braselton LLC · 3 yrs held
Prorep Fund I Braselton LLC
since 2022
Last sale
$9.3M
5 recorded transactions
Zoning & alternative use
MUNI · Buford, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$14.5M
+333.8%
Restaurant
$11.4M
+240.7%
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 Buford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Buford 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
$11,055,000
ML approach
$10,915,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$14,535,000
Change: +334% · Conversion: Easy
RESTAURANT
$11,415,000
Change: +241% · Conversion: Difficult
Blend value · Realmo final
$10.15M
Range $9.13M – $11.16M · ±10% · vs last sale $9.30M (Aug 18 2020)
Last sale anchor
$9.30M
Aug 18 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
$603 / 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
$46,579
Tax year 2024
Assessed value
$1,856,120
Assessed 2024
Previous assessed
$1,857,080
-0.1% YoY
Effective rate
2.51%
On assessed value
Assessed land
$185,560
Assessed improvement
$1,670,560
Land market value
$463,900
Improvement market value
$4,176,400
Total market value
$4,640,300
Applied tax rate
21.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2020
Heating
RADIANT
Total area
16,838 SF
Lot
1.42 ac (61,855 SF)
Zoning code
MUNI
APN
15-041J-000-012
UPID
US22-2584186
Jurisdiction
HALL
Zoning & alternative use
MUNI · Buford, GA
Zoning MUNI · permitted uses
MUNI · Buford, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Buford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$14.5M
RESTAURANT
Est. value
$11.4M
COMMERCIAL (GENERAL)
RESTAURANT
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
2020
Heating
RADIANT
Lot
1.42 ac
Current owner
From public records · entity-resolved
Prorep Fund I Braselton LLC
Entity
Mailing address
600 SUPERIOR AVE E STE #1500, CLEVELAND, OH 44114-2619
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 4, 2024
—
Prorep Fund I Braselton LLC
—
Deed
related
$38,500,000 · Bankunited
Sep 15, 2022
$9,300,000
Prorep Fund I Braselton LLC
A And N Investment Properties LLC
Warranty Deed
$75,000,000 · Capital One
Aug 19, 2020
—
A & N Invs Prop LLC
Gag Properties I LLC
Warranty Deed
related
$3,471,541 · Regions Bk
May 21, 2020
$700,000
Gag Properties I LLC
Cbd Investments LLC
Grant Deed
—
Apr 12, 2018
—
Cbd Investments LLC
Brand Banking Co
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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