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Property profile & analytics
OFF-MARKET
Estimated value
$4,680,000
Industrial properties
2445 Hilton Dr Gainesville, GA 30501-6275
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1185360
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2000
Total area
50,029 SF
Lot
4.25 ac (185,130 SF)
Zoning code
L-I
APN
01-127 -003-147
UPID
US22-1185360
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
-
KOLB GmbH Factory Industrial Manufacturer
-
Linda's Tax Services Tax Preparation
-
Best Buy Cars Inc Car Dealership
-
GCA Services General Contractor
-
Tripod Transportation Inc Trucking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.81M
CAP Approach
CAP
$4.61M
Comparable Approach
Comparable
$5.29M
Blend (final)
Blend
$4.68M
Owner & transaction history
Zrp Gainesville Storage LLC · 4 yrs held
Zrp Gainesville Storage LLC
since 2021
Last sale
$5.7M
5 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
Top alternative use upside
Commercial (general)
$8.2M
+105.0%
Neighborhood: shopping center
$7.8M
+94.6%
Office building
$7.1M
+79.1%
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
$4,680,000
ML approach
$4,805,000
CAP Approach
CAP Return
Estimation
6%
$4,995,000
6.5%
$4,610,000
7%
$4,280,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,980,000
Current use
COMMERCIAL (GENERAL)
$8,160,000
Change: +105% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$7,750,000
Change: +95% · Conversion: Difficult
OFFICE BUILDING
$7,135,000
Change: +79% · Conversion: Difficult
RETAIL STORES
$7,070,000
Change: +78% · Conversion: Moderate
Blend value · Realmo final
$4.68M
Range $4.21M – $5.15M · ±10% · vs last sale $5.70M (Dec 14 2021)
Last sale anchor
$5.70M
Dec 14 2021
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
$94 / 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
$47,094
Tax year 2024
Assessed value
$1,644,440
Assessed 2024
Previous assessed
$1,626,920
+1.1% YoY
Effective rate
2.86%
On assessed value
Assessed land
$259,160
Assessed improvement
$1,385,280
Land market value
$647,900
Improvement market value
$3,463,200
Total market value
$4,111,100
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2000
Heating
YES
Cooling
CENTRAL
Buildings
4
Total area
50,029 SF
Lot
4.25 ac (185,130 SF)
Zoning code
L-I
APN
01-127 -003-147
UPID
US22-1185360
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
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$4.0M
COMMERCIAL (GENERAL)
Est. value
$8.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.8M
OFFICE BUILDING
Est. value
$7.1M
RETAIL STORES
Est. value
$7.1M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
RETAIL STORES
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
2000
Heating
YES
Cooling
Yes
Buildings
4
Lot
4.25 ac
Current owner
From public records · entity-resolved
Zrp Gainesville Storage LLC
Entity
Mailing address
200 WINGO WAY STE #100, MOUNT PLEASANT, SC 29464-1816
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Dec 14, 2021
$5,700,000
Zrp Gainesville Storage LLC
Ahaluna Properties Lllp
Limited Warranty Deed
$4,200,000 · Southstate Bank
Dec 14, 2021
—
Zrp Gainesville Storage LLC
Ahaluna Properties Lllp
Quit Claim Deed
related
—
Aug 27, 2004
$2,675,000
Ahaluna Properties Lllp
Atlas Storage INC
Grant Deed
—
—
—
Li Quality Homes INC
—
Deed Of Trust
related
$130,000 · Branch Banking & Trust Co
—
—
Ahaluna Properties Lllp
—
Deed Of Trust
related
$100,000 · Chattahoochee Bk/ga
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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