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Property profile & analytics
OFF-MARKET
Estimated value
$3,570,000
Automotive properties
2400 Browns Brg Rd Gainesville, GA 30504-6027
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0412927
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1987
Total area
18,168 SF
Lot
2.95 ac (128,502 SF)
Zoning code
GB
APN
08-007 -001-022A
UPID
US22-0412927
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
-
Nissan Charging Station Electric Vehicle Charging Station
-
Jim Shorkey Nissan Car Dealership
-
Jim Shorkey Nissan Service Auto Repair Shop
-
Jim Shorkey Nissan Parts Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.90M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.71M
Blend (final)
Blend
$3.57M
Owner & transaction history
Jim Shorkey Real Estate 15 LLC · 4 yrs held
Jim Shorkey Real Estate 15 LLC
since 2022
Last sale
$3.7M
2 recorded transactions
Zoning & alternative use
GB · Gainesville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.6M
+62.1%
Medical building
$3.8M
+8.6%
Commercial (general)
$3.6M
+5.4%
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
$2,835,000
ML approach
$2,895,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$3,460,000
Current use
RESTAURANT
$5,605,000
Change: +62% · Conversion: Difficult
MEDICAL BUILDING
$3,755,000
Change: +9% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,645,000
Change: +5% · Conversion: Moderate
OFFICE BUILDING
$2,980,000
Change: -14% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,815,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$3.57M
Range $3.21M – $3.93M · ±10% · vs last sale $3.70M (Jun 1 2022)
Last sale anchor
$3.70M
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
$196 / 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
$32,414
Tax year 2024
Assessed value
$1,131,840
Assessed 2024
Previous assessed
$1,133,960
-0.2% YoY
Effective rate
2.86%
On assessed value
Assessed land
$467,800
Assessed improvement
$664,040
Land market value
$1,169,500
Improvement market value
$1,660,100
Total market value
$2,829,600
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
1987
Total area
18,168 SF
Lot
2.95 ac (128,502 SF)
Zoning code
GB
APN
08-007 -001-022A
UPID
US22-0412927
Jurisdiction
HALL
Zoning & alternative use
GB · Gainesville, GA
Zoning GB · permitted uses
GB · 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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$3.5M
RESTAURANT
Est. value
$5.6M
MEDICAL BUILDING
Est. value
$3.8M
COMMERCIAL (GENERAL)
Est. value
$3.6M
OFFICE BUILDING
Est. value
$3.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.8M
AUTO REPAIR, GARAGE Current
RESTAURANT
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1987
Lot
2.95 ac
Current owner
From public records · entity-resolved
Jim Shorkey Real Estate 15 LLC
Entity
Mailing address
13339 STATE RTE 30, NORTH HUNTINGDON, PA 15642-1116
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
2 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
$6,840,000 · Wells Fargo
Jun 1, 2022
$3,700,000
Jim Shorkey Real Estate 14 LLC
Carriage Properties III LLC
Warranty Deed
$3,200,000 · Wells Fargo
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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