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Property profile & analytics
FOR LEASE
Investment properties
3631 Mount Vernon Rd, Gainesville, GA 30506
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US22-4633688
For Lease
$15 SF/Yr
3631 Mount Vernon Rd, Gainesville, GA 30506
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2008
Total area
10,352 SF
Lot
0.96 ac (41,818 SF)
Zoning code
H-B
APN
10-104 -000-061
UPID
US22-4633688
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
-
Impact 360 Business Management Consultant
-
Clear Mortgage - Chandler Strall Loan Service Bank
-
Gaidge LLC Consultant Business To Business Service
-
Goosehead Insurance - Brian Weeks Insurance Agency
-
Pure Home Service Home Inspector
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.64M
Comparable Approach
Comparable
$1.19M
Blend (final)
Blend
$1.37M
Owner & transaction history
Tacop Properties LLC · 18 yrs held
Tacop Properties LLC
since 2007
6 recorded transactions
Zoning & alternative use
H-B · Gainesville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.1M
+3.0%
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%
$1,775,000
6.5%
$1,640,000
7%
$1,520,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,080,000
Current use
MEDICAL BUILDING
$2,140,000
Change: +3% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,970,000
Change: -5% · Conversion: Difficult
OFFICE BUILDING
$1,700,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$1.37M
Range $1.23M – $1.51M · ±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
$132 / 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
$15,497
Tax year 2024
Assessed value
$626,760
Assessed 2024
Previous assessed
$627,160
-0.1% YoY
Effective rate
2.47%
On assessed value
Assessed land
$110,600
Assessed improvement
$516,160
Land market value
$276,500
Improvement market value
$1,290,400
Total market value
$1,566,900
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
For Lease
Year built
2008
Heating
NONE
Total area
10,352 SF
Lot
0.96 ac (41,818 SF)
Zoning code
H-B
APN
10-104 -000-061
UPID
US22-4633688
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
COMMERCIAL (GENERAL) Current
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$2.0M
OFFICE BUILDING
Est. value
$1.7M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE 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
2008
Heating
NONE
Lot
0.96 ac
Current owner
From public records · entity-resolved
Tacop Properties LLC
Entity
Mailing address
PO BOX 636, GAINESVILLE, GA 30503-0636
Ownership since
2007
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
Apr 23, 2018
—
Grace Properties Of Georgia LLC
—
Deed
related
$876,954 · Branch Bk&tr
Sep 5, 2007
$355,000
Tacop Properties LLC
Thompson,bridge Commons II
Grant Deed
—
—
—
Grace Properties Of Georgia Ll
—
Deed Of Trust
related
$782,442 · Branch Banking & Trust Co
—
—
Grace Properties Of Georgia LLC
—
Deed Of Trust
related
$876,954 · Branch Bk&tr
—
—
Grace Properties Of Georgia Ll
—
Deed Of Trust
related
$633,000 · Small Business Access Partners INC
—
—
Grace Properties Of Georgia Ll
—
Deed Of Trust
related
$625,954 · Branch Banking & Trust Co
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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