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    Property profile & analytics

    2980 Spruce Cir Snellville, GA 30078-5701

    • Residential income homes
    • 4,608 SF
    • 0.57 lot acres
    OFF-MARKET
    Value Estimation
    $395,000
    Last Sale
    Jan 13, 2021
    $435,000
    Location Intelligence
    Property ID
    US22-3821632
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for 2980 Spruce Cir

    Year built
    1985
    Construction
    WOOD
    Lot size
    0.57 lot acres
    Property size
    4,608 SF
    Zone code
    RM-MULTI-FAMILY RESIDENCE
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    6-051 -300
    APU
    6051300

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $375,000

    • CAP approach

      CAP return
      Estimation
      6%
      $495,000
      6.5%
      $485,000
      7%
      $460,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $470,000
      Geo Method
      $490,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $510,000
      Retail
      $400,000
      Mixed-Use
      $420,000
      Hospitality
      $395,000
      Educational
      $510,000
      Residential Income
      $445,000
      Energy
      $515,000
      Income-Based Land
      $435,000
      Food Service
      $440,000

    Location Insight

    • Map
    • Local Demand
    City
    Snellville
    County
    Gwinnett
    State
    Georgia
    Longitude
    -84.0351
    Latitude
    33.8495
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,506
    $39,760
    $136,240
    $176,000
    -
    $99,400
    $340,600
    $440,000

    Comparable in this City

    • Value Estimation
      $480,000
      4,960 SF

      2611 Parkside Way

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,960 SF
      2611 Parkside Way, Snellville, GA 30078-3649
      View Details
    • Value Estimation
      $445,000
      4,608 SF

      2225 Highpoint Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,608 SF
      2225 Highpoint Rd, Snellville, GA 30078-3143
      View Details
    • Value Estimation
      $435,000
      4,608 SF

      2961 Spruce Cir

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,608 SF
      2961 Spruce Cir, Snellville, GA 30078-5755
      View Details
    • Value Estimation
      $135,000
      4,960 SF

      2581 Parkside Way

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,960 SF
      2581 Parkside Way, Snellville, GA 30078-3635
      View Details
    • Value Estimation
      $340,000
      4,608 SF

      3103 Destin Cir

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,608 SF
      3103 Destin Cir, Snellville, GA 30078-5733
      View Details
    • Value Estimation
      $335,000
      4,544 SF

      2584 Dorian Dr

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,544 SF
      2584 Dorian Dr, Snellville, GA 30078-3601
      View Details

    Similar Nearby for Sale

    • New
      $935,000
      0.63 Acres

      Snellville Quadplex: Income Property

      Updated quadplex with stabilized income and a 12.8% cap rate.
      3073 Destin Cir, Snellville, GA 30078
      View Details
    • New
      $935,000
      0.49 Acres

      Snellville Quadruplex with New Roof

      Fully occupied quadruplex in Snellville, GA with immediate income.
      3063 Destin Cir, Snellville, GA 30078
      View Details
    • $440,000
      2,115 SF

      Snellville Commercial Office Space

      Prime Snellville location, medical office setup.
      2407 Lenora Church Rd, Snellville, GA 30078
      View Details
    • $750,000
      1.79 Acres

      Snellville Commercial Land - 1.79 Acres

      Prime Snellville commercial lot, ideal for development.
      0 Henry Clower Blvd, Snellville, GA 30078
      View Details
    • $4,550,000
      12,386 SF

      Snellville Childcare Center Investment

      NNN Leased, High-Growth Area, Strong Cash Flow
      1560 Summit Chase Dr, Snellville, GA 30078
      View Details
    • $1,900,000
      Pending

      Snellville Commercial Land Opportunity

      5.5 acre commercial land in Snellville with high visibility.
      2428 Main St E, Snellville, GA 30078
      View Details

    Similar Nearby for Lease

    • $1,550 /Mo

      Well-Maintained Townhome with Hardwood Floors

      Townhome with 2 bedrooms, 1.5 baths, and hardwood floors.
      3284 Highpoint Ct, Snellville, GA 30078
      View Details
    • $261 SF/Yr
      800 SF

      Snellville Office Suite for Lease

      800 sq ft Office, Snellville, GA
      2386 Clower St, Snellville, GA 30078
      View Details
    • $71 SF/Yr
      11,593 SF

      Prime Lawrenceville Office Space

      Class A office suites, coworking & more.
      1350 Scenic Hwy, Lawrenceville, GA 30078
      View Details
    • Contact for pricing
      1,618 SF

      Retail Space in Snellville, GA

      New retail and restaurant opportunity in Snellville's community hub.
      2385 Wisteria Dr, Snellville, GA 30078
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Snellville Oaks

      Retail space for lease in a busy Snellville location.
      2135 Main St E, Snellville, GA 30078
      View Details
    • Contact for pricing
      18,000 SF

      Towne Center Market Retail Spaces

      Snellville, GA retail & restaurant spaces.
      2265 Wisteria Dr, Snellville, GA 30078
      View Details
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    Snellville, GA 30078-5701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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