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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4108 Hamilton Ml Rd Buford, GA 30519-3910

    • Grocery and convenience stores
    • 46,995 SF
    • 16.02 lot acres
    OFF-MARKET
    Last Sale
    Aug 20, 2021
    $19,700,000
    Value Estimations
    $16,375,000
    Show details
    Cap Rate Potential
    2.3%
    Grocery and convenience stores
    Location Intelligence
    Property ID
    US22-1230270
    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.

    Current Use by Public Records

    • Dr. Kwang Pyon / Dentist / Practitioner Service Location
    • City Nails & Spa Buford / Nail Salon
    • Holland Point / Shopping Mall
    • Mathnasium / Tutoring Service / After School Program
    • Frontera Mexican Kitchen / Restaurant

    Property Details for 4108 Hamilton Ml Rd

    Year built
    2019
    Lot size
    16.02 lot acres
    Property size
    46,995 SF
    Zone code
    C2-GENERAL BUSINESS
    Property type
    Grocery and convenience stores
    APN
    7-226 -025
    APU
    7226025

    Description

    This exceptional 1-acre outparcel presents a unique investment opportunity in Buford, Georgia's thriving Hamilton Mill Road corridor. Situated within a newly constructed, 68,187 square foot, Publix-anchored shopping center, this property is ideally positioned to capitalize on the area's robust growth. The site is available for ground lease or build-to-suit, offering flexibility for various retail concepts. The location benefits significantly from its proximity to Buford City Schools, recently ranked the #1 school district in Georgia, fueling substantial residential development in the immediate vicinity. The new Buford High School is conveniently located less than two miles west of the shopping center, further enhancing the area's desirability and attracting a large, affluent population. This prime retail outparcel offers unparalleled access to a dense consumer base within a high-growth area, making it an exceptional opportunity for long-term investment and return. The property's location on Hamilton Mill Road, a key development artery in Buford, ensures high visibility and accessibility. The existing shopping center's strong anchor tenant, Publix, provides a significant draw for customers, creating a synergistic environment for additional retail businesses. This is a rare chance to secure a prominent location in one of Georgia's most sought-after communities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $10,440,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $16,374,000
      Market price range: $5.81M - $17.9M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $12,695,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $21,630,000
      Change: +70% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $21,000,000
      Change: +65% Conversion: Difficult
      MEDICAL BUILDING
      $15,055,000
      Change: +19% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $12,380,000
      Change: -2% Conversion: Moderate
      OFFICE BUILDING
      $11,470,000
      Change: -10% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Buford
    County
    Gwinnett
    State
    Georgia
    Longitude
    -83.9761
    Latitude
    34.1029
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, 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
    2023
    $47,504
    $1,260,360
    $2,050,040
    $3,310,400
    -
    $3,150,900
    $5,125,100
    $8,276,000

    Comparable in this City

    • Value Estimation
      $990,000
      19,242 SF

      7505 Spout Spgs Rd

      GROCERY, SUPERMARKET • 19,242 SF
      7505 Spout Spgs Rd, Buford, GA 30519-7518
      View Details
    • Value Estimation
      $540,000
      3,300 SF

      2682 Buford Dr

      CONVENIENCE STORE • 3,300 SF
      2682 Buford Dr, Buford, GA 30519
      View Details
    • Value Estimation
      $2,500,000
      13,386 SF

      3550 Bogan Rd

      CONVENIENCE STORE • 13,386 SF
      3550 Bogan Rd, Buford, GA 30519-4540
      View Details
    • Value Estimation
      $660,000
      4,200 SF

      4081 Bogan Rd

      CONVENIENCE STORE • 4,200 SF
      4081 Bogan Rd, Buford, GA 30519-4361
      View Details
    • Value Estimation
      $3,345,000
      5,829 SF

      2900 Buford Dr

      CONVENIENCE STORE • 5,829 SF
      2900 Buford Dr, Buford, GA 30519-6537
      View Details
    • Value Estimation
      $1,520,000
      5,064 SF

      4624 Friendship Rd

      CONVENIENCE STORE • 5,064 SF
      4624 Friendship Rd, Buford, GA 30519-1833
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land with Drive-Thru Potential

      1.06-acre commercial land with drive-thru opportunity in Buford, GA.
      N Bogan Rd, Buford, GA 30519
      View Details
    • $4,593,250
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      Buford Retail Land - I-985 Frontage

      High-traffic retail land, excellent visibility.
      Dr, Buford, GA 30519
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    • $710,500

      4.74 Acre Estate Lot

      Large lot in Buford, ready to build on.
      4583 Bennett Rd, Buford, GA 30519
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    • $1,350,000

      Buford Development Opportunity: Estate-Sized Lots

      Platted site with six lots, ready for luxury home development.
      3104 Hamilton Mill Rd, Buford, GA 30519
      View Details
    • $2,749,990
      4.72 Acres

      Prime Land I-85 Visibility

      4.72 acres with I-85 frontage in Buford, Georgia.
      2655 Camp Branch Rd, Buford, GA 30519
      View Details
    • $4,500,000
      18.51 Acres

      Buford Commercial Land - I-985 Access

      Prime 18-acre development site near I-985.
      4702 Friendship Rd, Buford, GA 30519
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      106,434 SF

      Buford Retail Space: Plaza at Mall of Georgia

      New Construction, 106,434 SF Available
      3480 Financial Center Way, Buford, GA 30519
      View Details
    • Contact for pricing
      7,815 SF

      Retail Space Near High-Traffic Area

      Retail space with high visibility and easy highway access.
      2908 Buford Dr, Buford, GA 30519
      View Details
    • Contact for pricing
      9,452 SF

      Buford Showroom: Prime Retail Space

      9,452 SF Showroom - Sublease Available
      1695 Mall Of Georgia Blvd, Buford, GA 30519
      View Details
    • Contact for pricing
      35,975 SF

      Mill Creek Station Retail Space

      High-traffic retail spaces available.
      3310 Buford Dr, Buford, GA 30519
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      Retail Space Near Mall of Georgia

      Retail property located near major shopping destination.
      3290 Buford Dr, Buford, GA 30519
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    • Contact for pricing
      7,542 SF

      Mall of Georgia Restaurant Opportunity

      7,542 SF restaurant building near Mall of Georgia entrance.
      3217 Buford Dr, Buford, GA 30519
      View Details
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    4108 Hamilton Ml Rd
    Buford, GA 30519-3910
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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