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Property profile & analytics
OFF-MARKET Estimated value $635,000
Manufacturing properties

2829 Browns Brg Rd Gainesville, GA 30504-5635

29,128 SF 1.24 ac lot Built 1995
Entity Owned 21-yr Hold ~ Est. High Equity
Property ID
US22-1337396
Property summary
AI-generated overview

This exceptional retail property, located at 2829 Browns Bridge Road in Gainesville, Georgia, presents a compelling investment opportunity. The building, constructed in 1995, boasts a substantial 29,128 square feet of space situated on a generous 1.61-acre lot. Its prime location on the highly traveled Browns Bridge Road ensures exceptional visibility and accessibility for customers. The property includes ample parking with 40 spaces available, catering to the needs of both employees and patrons. Internal features include two convenient bathrooms and a dedicated office area, providing flexibility for various business configurations. The property's size and location make it ideal for a wide range of retail uses, benefiting from the high volume of traffic passing along Browns Bridge Road. The asking price for this well-maintained and strategically positioned retail center is $4,500,000. This represents a significant opportunity to acquire a substantial commercial property in a thriving Georgia market. The property's substantial size, ample parking, and prime location combine to create a highly desirable investment prospect. The building's solid construction and well-maintained condition further enhance its appeal. This is a rare opportunity to acquire a significant retail asset in a high-demand area.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1995
Construction STEEL FRAME
Total area 29,128 SF
Lot 1.24 ac (54,014 SF)
Zoning code O-I
APN 08-015 -005-032
UPID US22-1337396
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
  • The Furniture Store Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.35M
Blend (final) Blend
$635k
Owner & transaction history
Romar Properties LLC · 21 yrs held
Romar Properties LLC
since 2005
3 recorded transactions
2020
Price N/A
2005
$1.1M
1969
Price N/A
Zoning & alternative use
O-I · Gainesville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Standard O-I N-B C-B R-B G-B L-I H-I Table Notes: A “-“ in a cell = Not Permitted *Additional density may be allowed by the Governing Body with approval of a Special Use. **Required zoning buffers may be reduced in width with installation of a structural buffer as provided in Chapter 13-1. CITY OF GAINESVILLE, GA | Unified Land Development Code

Zone name Office And Institutional
General category CIVIC_INSTITUTIONAL
Zone area 423.13 ac
Source ARTICLE 9-1
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