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    400 Pearl Nix Pkwy Gainesville, GA 30501-3554
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    Property profile & analytics

    400 Pearl Nix Pkwy, Gainesville, GA 30501-3554

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    • Drive through restaurants
    • 3,997 SF
    • 0.87 lot acres
    Off-Market
    Last Sale Aug 28, 2024
    $1,432,000
    Property ID
    US22-1078734
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,430,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • El Carreton 2.0 / Restaurant

    Property Details for 400 Pearl Nix Pkwy

    Year built
    1996
    Construction
    WOOD FRAME
    Lot size
    0.87 lot acres
    Zone code
    N-B
    Property type
    Drive through restaurants
    APN
    01-119C-001-029C
    APU
    01119C001029C

    Description

    This exceptional 3,997 square foot free-standing restaurant is located at 400 Pearl Nix Parkway SW in Gainesville, Georgia, 30501. The property sits on a 0.87-acre lot and boasts 40 parking spaces, catering to a high volume of customers. Recently renovated, the restaurant features a fully equipped kitchen with appliances, a walk-in freezer, and ample indoor seating. Large garage door openings enhance the space's versatility and create a unique atmosphere. A convenient drive-through window further streamlines operations. The property benefits from a high traffic count of over 14,200 vehicles per day (AADT). An added benefit is a dedicated indoor kids' play area, enhancing family-friendliness. This prime location is adjacent to the Tessa Shallowford development, a 231-unit residential community currently under construction, ensuring a consistent flow of potential customers. The property enjoys easy access to I-985, being only 3 miles from Exit 20 and 3.2 miles from Exit 22. Proximity to Lee Gilmer Memorial Airport-Gainesville (1.6 miles) and Northeast Georgia Medical Center (2.4 miles) adds to its strategic advantage. Furthermore, it's conveniently located within 64.4 miles of Hartsfield-Jackson Atlanta International Airport. The property is zoned for General Business use and is offered as a single-tenant space.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,430,000
      ML approach
      $1,430,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,378,000
      Market price range: $521k - $1.78M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Hall
    State
    Georgia
    Longitude
    -83.8419
    Latitude
    34.2889
    CBSA code
    23580
    CBSA name
    GAINESVILLE, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $17,183
    $251,415
    $348,585
    $600,000
    -
    $628,538
    $871,462
    $1,500,000
    More about this property
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