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Property profile & analytics
OFF-MARKET
Estimated value
$910,000
Grocery and convenience stores
3275 Cleveland Hwy Gainesville, GA 30506-1930
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0491679
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2013
Total area
2,660 SF
Lot
1.19 ac (51,836 SF)
Zoning code
H-B
APN
10-145 -000-040
UPID
US22-0491679
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
-
Stop By 1 Gas Station
-
IN-N-OUT THE BAIT SHOP/SMOKE SHOP/ C STORE Gas Station
-
IN N OUT THE BAIT SHOP Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$935k
CAP Approach
CAP
$595k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$910k
Owner & transaction history
Sultan Realty LLC · 5 yrs held
Sultan Realty LLC
since 2020
Last sale
$875,000
6 recorded transactions
Zoning & alternative use
H-B · Gainesville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$550,000
+33.5%
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
$965,000
ML approach
$935,000
CAP Approach
CAP Return
Estimation
6%
$645,000
6.5%
$595,000
7%
$555,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$550,000
Change: +33% · Conversion: Difficult
Blend value · Realmo final
$910k
Range $819k – $1.00M · ±10% · vs last sale $875k (Nov 14 2020)
Last sale anchor
$875k
Nov 14 2020
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
$342 / 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
$7,955
Tax year 2024
Assessed value
$322,440
Assessed 2024
Previous assessed
$310,520
+3.8% YoY
Effective rate
2.47%
On assessed value
Assessed land
$52,360
Assessed improvement
$270,080
Land market value
$130,900
Improvement market value
$675,200
Total market value
$806,100
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2013
Heating
YES
Cooling
CENTRAL
Rooms
56
Bathrooms
1
Total area
2,660 SF
Lot
1.19 ac (51,836 SF)
Zoning code
H-B
APN
10-145 -000-040
UPID
US22-0491679
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
MEDICAL BUILDING
Est. value
$550,000
MEDICAL 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
2013
Heating
YES
Cooling
Yes
Rooms
56
Bathrooms
1
Lot
1.19 ac
Current owner
From public records · entity-resolved
Sultan Realty LLC
Entity
Free & Clear · 5 yrs held
Mailing address
6375 MIMOSA CIR, TUCKER, GA 30084-1952
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2020
$875,000
Sultan Realty LLC
Chowdhury & Salam INC
Grant Deed
—
Nov 14, 2020
—
Sultan Realty LLC
Chowdhury & Salam INC
Quit Claim Deed
related
—
Apr 9, 2014
—
Chowdhury & Salam INC
Chowdhury,jahangir R
Quit Claim Deed
related
—
Dec 8, 2010
$450,000
Jahangir R Chowdhury
Cedar Holdings Of Georgia LLC
Grant Deed
$440,930 · Cedar Holdings Of Georgia LLC
Dec 30, 2009
—
Cedar Holdings Of Georgia LLC
Hokayem,beatrice Louis
Grant Deed
related
—
—
—
Chowdhury & Salam INC
—
Deed Of Trust
related
$410,067 · Independence Bk/ga
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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