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Property profile & analytics
OFF-MARKET
Estimated value
$1,985,000
Showrooms
2801 Browns Brg Rd, Gainesville, GA 30504-5670
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0302369
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1990
Construction
STEEL FRAME
Total area
9,520 SF
Lot
2.23 ac (97,139 SF)
Zoning code
H-B
APN
08-015 -005-027
UPID
US22-0302369
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
-
Ag-Pro Agricultural Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.51M
Comparable Approach
Comparable
$2.17M
Blend (final)
Blend
$1.99M
Owner & transaction history
Agnl Tractor LLC · 7 yrs held
Agnl Tractor LLC
since 2018
7 recorded transactions
Zoning & alternative use
H-B · Gainesville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.9M
+53.8%
Medical building
$2.0M
+3.0%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,635,000
6.5%
$1,510,000
7%
$1,400,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,910,000
Current use
RESTAURANT
$2,940,000
Change: +54% · Conversion: Difficult
MEDICAL BUILDING
$1,970,000
Change: +3% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,815,000
Change: -5% · Conversion: Difficult
OFFICE BUILDING
$1,560,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$1.99M
Range $1.79M – $2.18M · ±10%
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
$209 / 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
$21,508
Tax year 2024
Assessed value
$751,000
Assessed 2024
Previous assessed
$751,320
0.0% YoY
Effective rate
2.86%
On assessed value
Assessed land
$429,960
Assessed improvement
$321,040
Land market value
$1,074,900
Improvement market value
$802,600
Total market value
$1,877,500
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1990
Construction
STEEL FRAME
Heating
YES
Cooling
CENTRAL
Rooms
88
Bathrooms
2
Total area
9,520 SF
Lot
2.23 ac (97,139 SF)
Zoning code
H-B
APN
08-015 -005-027
UPID
US22-0302369
Jurisdiction
HALL
Zoning & alternative use
H-B · Gainesville, GA
Zoning H-B · permitted uses
H-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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.9M
RESTAURANT
Est. value
$2.9M
MEDICAL BUILDING
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.6M
COMMERCIAL (GENERAL) Current
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1990
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Rooms
88
Bathrooms
2
Lot
2.23 ac
Current owner
From public records · entity-resolved
Agnl Tractor LLC
Entity
Mailing address
245 PARK AVE FL, NEW YORK, NY 10167-0002
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2018
$2,322,900
Agnl Tractor LLC
Ag-pro R/e Invs LLC
Grant Deed
—
Nov 4, 2016
$1,775,000
Ag-pro Real Estate Invs LLC
Carriage Properties I LLC
Grant Deed
$1,532,187 · Ameris Bk
Nov 4, 2016
—
Ag-pro Real Estate Invs LLC
Carriage Properties I LLC
Quit Claim Deed
related
—
May 2, 2016
—
Carriage Properties I LLC
Carriage North LLC
Quit Claim Deed
related
$1,348,392 · Other Institutional Lenders
Sep 30, 2014
$280,000
Charles E Ivey JR.
Hulsey John
Grant Deed
$202,070 · Hamilton St Bk
Sep 28, 2007
$1,200,000
Carriage North LLC
Smith,donald W
Grant Deed
—
—
—
Agnl Tractor Algasc LLC
—
Deed Of Trust
related
$26,130,000 · Brighthouse Life Ins Co
—
—
Carriage North LLC
—
Deed Of Trust
related
$1,440,000 · 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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