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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Automotive properties
2821 Browns Brg Rd Gainesville, GA 30504-5635
Entity Owned
2-yr Hold
Free & Clear
Property ID
US22-1396223
Property summary
AI-generated overview
This exceptional retail property at 2821 Browns Bridge Rd, Gainesville, GA 30504, offers a compelling investment opportunity. The 8,662 square foot auto shop, built in 2007, sits on a 2.21-acre lot (APN: 08015 005039) and is currently 100% occupied under a NNN lease with seven years remaining. The asking price is $2,950,000, translating to $340.57 per square foot. The property boasts excellent visibility and accessibility due to its corner location with ample road frontage and convenient access from two roads. A substantial parking area caters to high customer traffic. The current tenant, a well-established used car business with over 20 years of experience, generates annual revenue exceeding $3,480,000. This sale includes an additional lot at 2815 Florence Drive, offering potential for future development or sale. The property is zoned GB. This turnkey operation presents a rare chance to acquire a high-performing retail asset in a prime Gainesville location with significant income potential. The sale is structured as a sale for leaseback.
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2007
Total area
8,662 SF
Lot
2.21 ac (96,268 SF)
APN
08-015 -005-039
UPID
US22-1396223
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
-
Auto Gallery at Gainesville Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$580k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$580k
Owner & transaction history
Aj Rental Georgia LLC · 2 yrs held
Aj Rental Georgia LLC
since 2024
Last sale
$580,000
5 recorded transactions
Zoning & alternative use
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
Method
Estimation
Statistic approach
$580,000
ML approach
$580,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$580k
Range $522k – $638k · ±10% · vs last sale $580k (Mar 27 2024)
Last sale anchor
$580k
Mar 27 2024
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
$67 / 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
$23,889
Tax year 2024
Assessed value
$834,160
Assessed 2024
Previous assessed
$836,120
-0.2% YoY
Effective rate
2.86%
On assessed value
Assessed land
$429,120
Assessed improvement
$405,040
Land market value
$1,072,800
Improvement market value
$1,012,600
Total market value
$2,085,400
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2007
Heating
NONE
Total area
8,662 SF
Lot
2.21 ac (96,268 SF)
APN
08-015 -005-039
UPID
US22-1396223
Jurisdiction
HALL
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2007
Heating
NONE
Lot
2.21 ac
Current owner
From public records · entity-resolved
Aj Rental Georgia LLC
Entity
Free & Clear · 2 yrs held
Mailing address
2821 BROWNS BRG RD, GAINESVILLE, GA 30504-5635
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Mar 27, 2024
—
Aj Rental Georgia LLC
Auto Gallery Holdings INC
Quit Claim Deed
related
—
Oct 3, 2007
—
Mundo Investment LLC
Jung,chang W
Grant Deed
related
—
Jun 7, 2004
—
Jung,chang W
Auto Gallery INC
Quit Claim Deed
related
—
May 24, 2004
$580,000
Auto Gallery INC
Scroggs,david W & Danny L
Warranty Deed
$471,990 · Regions Bk/fayette
—
—
Chang W Jung
—
Deed Of Trust
related
$1,260,000 · First Intercontinental Bank
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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