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Property profile & analytics
OFF-MARKET
Estimated value
$7,550,000
Auto shops
2352 Browns Brg Rd Gainesville, GA 30504-6041
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0419169
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1984
Total area
10,728 SF
Lot
1.57 ac (68,389 SF)
Zoning code
L-I
APN
08-007 -001-017
UPID
US22-0419169
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
-
Jim Shorkey Gainesville Collision Center Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.63M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.55M
Owner & transaction history
Jim Shorkey Real Estate 15 LLC · 4 yrs held
Jim Shorkey Real Estate 15 LLC
since 2022
Last sale
$8.5M
3 recorded transactions
Zoning & alternative use
L-I · Gainesville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
(1) It is located in a Light Industrial (L-I) or Heavy Industrial (H-I) zoning district; or (2) It is located on the same property as a business or organization with a 501(c)(3) designation. (b) Where approved, community donation boxes shall be located flush against a building wall and shall be maintained on a regular basis in compliance with the Unified Lan…
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
1,470.39 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
$6,535,000
ML approach
$6,625,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.55M
Range $6.80M – $8.31M · ±10% · vs last sale $8.53M (Jun 1 2022)
Last sale anchor
$8.53M
Jun 1 2022
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
$704 / 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
$18,620
Tax year 2024
Assessed value
$650,160
Assessed 2024
Previous assessed
$576,320
+12.8% YoY
Effective rate
2.86%
On assessed value
Assessed land
$328,240
Assessed improvement
$321,920
Land market value
$820,600
Improvement market value
$804,800
Total market value
$1,625,400
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1984
Heating
YES
Cooling
CENTRAL
Buildings
2
Rooms
72
Bathrooms
1
Total area
10,728 SF
Lot
1.57 ac (68,389 SF)
Zoning code
L-I
APN
08-007 -001-017
UPID
US22-0419169
Jurisdiction
HALL
Zoning & alternative use
L-I · Gainesville, GAZoning L-I · permitted uses
L-I · Gainesville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
(1) It is located in a Light Industrial (L-I) or Heavy Industrial (H-I) zoning district; or (2) It is located on the same property as a business or organization with a 501(c)(3) designation. (b) Where approved, community donation boxes shall be located flush against a building wall and shall be maintained on a regular basis in compliance with the Unified Land Development Code and Code of Ordinances of the City of Gainesville.
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
1,470.39 ac
Source
ARTICLE 9-1
Building & site characteristics
From public records
Year built
1984
Heating
YES
Cooling
Yes
Buildings
2
Rooms
72
Bathrooms
1
Lot
1.57 ac
Current owner
From public records · entity-resolved
Jim Shorkey Real Estate 15 LLC
Entity
Free & Clear · 4 yrs held
Mailing address
13339 RTE 30TH W, NORTH HUNTINGDON, GA
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2022
$8,525,000
Jim Shorkey Real Estate 15 LLC
Carriage Properties III LLC
Limited Warranty Deed
—
May 9, 2016
—
Carriage Properties III LLC
Carriage North LLC
Quit Claim Deed
related
$7,213,147 · Other Institutional Lenders
—
—
Carriage North LLC
—
Deed Of Trust
related
$6,800,000 · Nissan Motor Acceptance Corp
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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