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Property profile & analytics
OFF-MARKET
Estimated value
$13,725,000
Refrigerated & Cold Storage
3001 Athens Hwy Gainesville, GA 30507-8497
Entity Owned
4-yr Hold
Free & Clear
Property ID
US22-4435599
Property profile
Verified
Property type
Refrigerated & Cold Storage
Use group
COLD STORAGE
Year built
2006
Construction
WOOD FRAME
Total area
258,201 SF
Lot
80.83 ac (3,520,955 SF)
Zoning code
I-I
APN
15-023 -000-040
UPID
US22-4435599
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
-
Eskimo Cold Storage Storage Facility Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.73M
Owner & transaction history
Gainesville Freezer LP · 4 yrs held
Gainesville Freezer LP
since 2021
3 recorded transactions
Zoning & alternative use
I-I · Gainesville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
ARTICLE 9-1
Top alternative use upside
Office building
$22.3M
+29.9%
Retail stores
$21.9M
+28.0%
Medical building
$18.4M
+7.4%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$17,125,000
Current use
OFFICE BUILDING
$22,250,000
Change: +30% · Conversion: Difficult
RETAIL STORES
$21,920,000
Change: +28% · Conversion: Moderate
MEDICAL BUILDING
$18,390,000
Change: +7% · Conversion: Difficult
AUTO REPAIR, GARAGE
$14,190,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$13.73M
Range $12.35M – $15.10M · ±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
$53 / 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
$295,091
Tax year 2024
Assessed value
$11,960,120
Assessed 2024
Previous assessed
$13,453,360
-11.1% YoY
Effective rate
2.47%
On assessed value
Assessed land
$1,716,680
Assessed improvement
$10,243,440
Land market value
$4,291,700
Improvement market value
$25,608,600
Total market value
$29,900,300
Applied tax rate
1.0000
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
Refrigerated & Cold Storage
Use group
COLD STORAGE
Status
Off-Market
Year built
2006
Construction
WOOD FRAME
Heating
YES
Stories
1
Rooms
5
Bathrooms
1
Total area
258,201 SF
Lot
80.83 ac (3,520,955 SF)
Zoning code
I-I
APN
15-023 -000-040
UPID
US22-4435599
Jurisdiction
HALL
Zoning & alternative use
I-I · Gainesville, GAZoning I-I · permitted uses
I-I · Gainesville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
ARTICLE 9-1
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$17.1M
OFFICE BUILDING
Est. value
$22.3M
RETAIL STORES
Est. value
$21.9M
MEDICAL BUILDING
Est. value
$18.4M
AUTO REPAIR, GARAGE
Est. value
$14.2M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
RETAIL STORES
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
2006
Construction
WOOD FRAME
Heating
YES
Stories
1
Rooms
5
Bathrooms
1
Lot
80.83 ac
Current owner
From public records · entity-resolved
Gainesville Freezer LP
Entity
Free & Clear · 4 yrs held
Mailing address
3001 ATHENS HWY, GAINESVILLE, GA 30507-8497
Mailing matches property
Yes
Owner-occupied
Yes
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 11, 2021
$1,259,760
Gainesville Freezer LP
Randall J Pruitt
Warranty Deed
—
Jun 14, 2005
$774,300
Eskimo Cold Storage LLC
Sosebee,thelma A
Warranty Deed
—
—
—
Gainesville Freezer LP
—
Deed Of Trust
related
$4,899,583 · Wells Fargo 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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