Technical
Financial
Distress signals
Property profile

406 Broad SE St Gainesville, GA 30501

OFF-MARKET
Medical Office Space
Property ID
US22-1130735
1,320 SF 0.23 ac lot Built 1930
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1930
Construction STEEL FRAME
Total area 1,320 SF
Lot 0.23 ac (10,019 SF)
Zoning code G-B
APN 01-008 -002-005
UPID US22-1130735

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Physician
  • Courier Service Postal Service

Location

406 Broad SE St Gainesville, GA 30501-3726
Gainesville metro Census 800 GAINESVILLE, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2022
Last sale
$322,500
2 recorded transactions
2022
$322,500
2022
$260,000

Zoning & alternative use

G-B · Gainesville, GA
Zoning description

Standard O-I N-B C-B R-B G-B L-I H-I Table Notes: A “-“ in a cell = Not Permitted *Additional density may be allowed by the Governing Body with approval of a Special Use. **Required zoning buffers may be reduced in width…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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?”
You own 406 Broad SE St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message