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Property profile & analytics
OFF-MARKET
Estimated value
$6,265,000
Medical Office Space
3991 Hwy 78th W Snellville, GA 30039-3929
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US22-3721740
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2016
Total area
25,698 SF
Lot
2.71 ac (118,048 SF)
Zoning code
C2-GENERAL BUSINESS
APN
6-054 -276
UPID
US22-3721740
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
$7.77M
CAP Approach
CAP
$5.73M
Comparable Approach
Comparable
$6.12M
Blend (final)
Blend
$6.27M
Owner & transaction history
3991 Highway 78 Mob LLC · 4 yrs held
3991 Highway 78 Mob LLC
since 2021
Last sale
$6.8M
7 recorded transactions
Zoning & alternative use
C2-GENERAL BUSINESS · Snellville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$10.0M
+21.0%
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 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
$5,860,000
ML approach
$7,770,000
CAP Approach
CAP Return
Estimation
6%
$6,210,000
6.5%
$5,730,000
7%
$5,325,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$8,230,000
Current use
RESTAURANT
$9,955,000
Change: +21% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$6,770,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$6.27M
Range $5.64M – $6.89M · ±10% · vs last sale $6.80M (Aug 17 2021)
Last sale anchor
$6.80M
Aug 17 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
$244 / 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
$58,691
Tax year 2023
Assessed value
$1,400,000
Assessed 2023
Previous assessed
$1,400,000
+0.0% YoY
Effective rate
4.19%
On assessed value
Assessed land
$341,080
Assessed improvement
$1,058,920
Land market value
$852,700
Improvement market value
$2,647,300
Total market value
$3,500,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2016
Heating
YES
Cooling
NONE
Stories
2
Total area
25,698 SF
Lot
2.71 ac (118,048 SF)
Zoning code
C2-GENERAL BUSINESS
APN
6-054 -276
UPID
US22-3721740
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
MEDICAL BUILDING Current
Est. value
$8.2M
RESTAURANT
Est. value
$10.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.8M
MEDICAL BUILDING Current
RESTAURANT
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
2016
Heating
YES
Cooling
Yes
Stories
2
Lot
2.71 ac
Current owner
From public records · entity-resolved
3991 Highway 78 Mob LLC
Entity
Mailing address
1835 SAVOY DR STE #101, ATLANTA, GA 30341-1073
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
Aug 17, 2021
$6,800,000
3991 Highway 78 Mob LLC
Rg Medical Properties I LLC
Warranty Deed
$67,111,000 · Capital One
Oct 23, 2017
$5,800,000
Rg Medical Properties I LLC
Stone Mountain Land Dev LLC
Grant Deed
—
Oct 23, 2017
—
Rg Medical Properties I LLC
Stone Mountain Land Dev LLC
Quit Claim Deed
related
—
Oct 7, 2013
$750,000
Stone Mountain Land Dev LLC
Golden Trust & Partners Ltd II
Grant Deed
$709,479 · Mersberger Property Invs Lllp
Jun 29, 2011
$550,000
Golden Trust & Partners LP II
Branch Bkng & Trust Co
Grant Deed
—
Sep 9, 2008
$1,100,000
Branch Bkng & Trust Co
Houstons Finest Sports Bar In
Trustees Deed
related
—
Sep 6, 2006
—
Houstons Finest Sports Bar INC
Logans Road House INC
Quit Claim Deed
related
$1,800,000 · Main Street Bank
Sep 6, 2006
$1,785,000
Houstons Finest Sports Bar INC
Logans Roadhouse INC
Grant Deed
related
—
—
—
S Finest Sports Bar I Houstone
—
Deed Of Trust
related
$144,000 · Main Street 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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