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Property profile & analytics
OFF-MARKET
Estimated value
$970,000
Outlet malls
404 Main SW St Gainesville, GA 30501-4416
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1041014
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1945
Total area
22,400 SF
Lot
0.65 ac (28,314 SF)
Zoning code
G-B
APN
01-011 -002-007
UPID
US22-1041014
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
-
Slack Auto Parts Machine Shop Industrial Manufacturer
-
Slack Auto Parts Auto Parts Store
-
Slacks Auto Main Auto Parts Store
-
NAPA Auto Parts Auto Parts Store
-
NAPA Auto Parts - NAPA Auto Parts ATL542 Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$610k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$812k
Blend (final)
Blend
$970k
Owner & transaction history
Slack Properties LLC · 7 yrs held
Slack Properties LLC
since 2019
5 recorded transactions
Zoning & alternative use
G-B · Gainesville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$610,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$970k
Range $873k – $1.07M · ±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
$43 / 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
$10,629
Tax year 2024
Assessed value
$371,136
Assessed 2024
Previous assessed
$371,136
+0.0% YoY
Effective rate
2.86%
On assessed value
Assessed land
$162,560
Assessed improvement
$208,576
Land market value
$406,400
Improvement market value
$521,440
Total market value
$927,840
Applied tax rate
10.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1945
Heating
YES
Cooling
CENTRAL
Rooms
20
Bathrooms
2
Total area
22,400 SF
Lot
0.65 ac (28,314 SF)
Zoning code
G-B
APN
01-011 -002-007
UPID
US22-1041014
Jurisdiction
HALL
Zoning & alternative use
G-B · Gainesville, GA
Zoning G-B · permitted uses
G-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.
Building & site characteristics
From public records
Year built
1945
Heating
YES
Cooling
Yes
Rooms
20
Bathrooms
2
Lot
0.65 ac
Current owner
From public records · entity-resolved
Slack Properties LLC
Entity
Mailing address
2639 HIDDEN FLS DR, BUFORD, GA 30519-4536
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 17, 2019
—
Slack Properties LLC
—
Deed
related
$500,000 · Bank Ozk
Sep 2, 2014
—
Slack Auto Parts Co LLP
—
Grant Deed
related
$1,446,662 · Bank Of The Ozarks
—
—
Slack Properties LLC
—
Deed Of Trust
related
$500,000 · Bank Ozk
—
—
Slack Auto Parts Co LLP
—
Deed Of Trust
related
$390,000 · Bank Of The Ozarks
—
—
Slack Auto Parts Co LLP
—
Deed Of Trust
related
$207,328 · Bank Of The Ozarks
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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