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Property profile & analytics
OFF-MARKET
Estimated value
$5,275,000
Drug stores
3505 Centerville Hwy Snellville, GA 30039-6405
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US22-1330887
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2006
Total area
14,577 SF
Lot
2.76 ac (120,226 SF)
Zoning code
C2-GENERAL BUSINESS
APN
6-020 -252
UPID
US22-1330887
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.63M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.91M
Blend (final)
Blend
$5.28M
Owner & transaction history
Triple Net Snellville LLC · 5 yrs held
Triple Net Snellville LLC
since 2021
Last sale
$5.9M
7 recorded transactions
Zoning & alternative use
C2-GENERAL BUSINESS · Snellville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$6.5M
+167.1%
Restaurant
$5.7M
+131.6%
Medical building
$4.7M
+91.5%
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 Snellville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Snellville 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
$5,070,000
ML approach
$5,630,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$6,515,000
Change: +167% · Conversion: Difficult
RESTAURANT
$5,650,000
Change: +132% · Conversion: Easy
MEDICAL BUILDING
$4,670,000
Change: +92% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,840,000
Change: +58% · Conversion: Moderate
Blend value · Realmo final
$5.28M
Range $4.75M – $5.80M · ±10% · vs last sale $5.89M (Jun 4 2021)
Last sale anchor
$5.89M
Jun 4 2021
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
$362 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$39,895
Tax year 2023
Assessed value
$2,062,000
Assessed 2023
Previous assessed
$2,062,000
+0.0% YoY
Effective rate
1.93%
On assessed value
Assessed land
$336,800
Assessed improvement
$1,725,200
Land market value
$842,000
Improvement market value
$4,313,000
Total market value
$5,155,000
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2006
Heating
YES
Cooling
NONE
Stories
1
Total area
14,577 SF
Lot
2.76 ac (120,226 SF)
Zoning code
C2-GENERAL BUSINESS
APN
6-020 -252
UPID
US22-1330887
Jurisdiction
GWINNETT
Zoning & alternative use
C2-GENERAL BUSINESS · Snellville, GA
Zoning C2-GENERAL BUSINESS · permitted uses
C2-GENERAL BUSINESS · Snellville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Snellville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$6.5M
RESTAURANT
Est. value
$5.7M
MEDICAL BUILDING
Est. value
$4.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.8M
AUTO REPAIR, GARAGE
RESTAURANT
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
Heating
YES
Cooling
Yes
Stories
1
Lot
2.76 ac
Current owner
From public records · entity-resolved
Triple Net Snellville LLC
Entity
Mailing address
445 CENTRAL AVE UNIT #302, CEDARHURST, NY 11516-2028
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 8, 2021
—
Triple Net Snellville LLC
—
Deed
related
$3,679,380 · Citi Real Estate Funding
Jun 4, 2021
$5,887,000
Triple Net Snellville LLC
Wgs Multi LLC
Warranty Deed
$3,679,380 · Citi Real Estate Funding
Sep 21, 2012
$534,300
Wgs Multi LLC
Iva 1031 LLC
Warranty Deed
related
—
Feb 7, 2008
—
Hendon Centerville LLC
National City Bank Of Kentucky
Quit Claim Deed
related
—
Dec 15, 2006
—
Georgiaz LLC
Hendon Centerville LLC
Quit Claim Deed
related
$685,000 · First Charter Bank
Nov 21, 2006
—
Hendon Centerville LLC
Department Of Transportati
Grant Deed
related
—
Oct 7, 2005
—
Hendon Centerville LLC
Walker,lela M
Quit Claim Deed
related
$4,046,000 · National City Bank Kentucky
Oct 7, 2005
$1,400,000
Hendon Centerville LLC
Apple Annies INC
Grant Deed
—
—
—
Georgiaz LLC
—
Deed Of Trust
related
$785,000 · Ge Com'l Finance Business Prop
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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