Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,185,000
Automotive properties
2350 Browns Brg Rd Gainesville, GA 30504-6041
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1638866
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1978
Total area
23,012 SF
Lot
6.16 ac (268,330 SF)
Zoning code
G-B
APN
08-007 -001-004C
UPID
US22-1638866
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
-
Carriage Insurance: A. Drane Watson Insurance Agency
-
Carriage Insurance Agency Insurance Agency
-
Carriage Used Cars Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.19M
Owner & transaction history
Carriage Properties IV LLC · 10 yrs held
Carriage Properties IV LLC
since 2016
3 recorded transactions
Zoning & alternative use
G-B · Gainesville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$51 / 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
$28,854
Tax year 2024
Assessed value
$1,007,520
Assessed 2024
Previous assessed
$1,066,320
-5.5% YoY
Effective rate
2.86%
On assessed value
Assessed land
$603,840
Assessed improvement
$403,680
Land market value
$1,509,600
Improvement market value
$1,009,200
Total market value
$2,518,800
Applied tax rate
4.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1978
Heating
YES
Cooling
CENTRAL
Buildings
5
Rooms
47
Bathrooms
2
Total area
23,012 SF
Lot
6.16 ac (268,330 SF)
Zoning code
G-B
APN
08-007 -001-004C
UPID
US22-1638866
Jurisdiction
HALL
Zoning & alternative use
G-B · Gainesville, GA
Zoning G-B · permitted uses
G-B · Gainesville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gainesville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Heating
YES
Cooling
Yes
Buildings
5
Rooms
47
Bathrooms
2
Lot
6.16 ac
Current owner
From public records · entity-resolved
Carriage Properties IV LLC
Entity
Mailing address
2400 BROWNS BRG RD, GAINESVILLE, GA 30504-6027
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2019
—
Carriage Properties IV LLC
—
Grant Deed
related
$3,080,000 · Hyundai Capital America
May 2, 2016
—
Carriage Properties IV LLC
Carriage North LLC
Quit Claim Deed
related
$3,417,008 · Other Institutional Lenders
Sep 23, 2015
$3,355,100
Carriage North LLC
Milton Martin Family LP
Grant 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2350 Browns Brg Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
