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Property profile & analytics
OFF-MARKET
Outlet malls
422 Main SW St Gainesville, GA 30501-4416
Trust Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1445713
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1962
Construction
STEEL FRAME
Total area
4,788 SF
Lot
0.54 ac (23,522 SF)
Zoning code
G-B
APN
01-011 -002-004
UPID
US22-1445713
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
-
Truck Parts Warehouse Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ews Trust · 12 yrs held
Ews Trust
since 2013
7 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,108
Tax year 2024
Assessed value
$108,520
Assessed 2024
Previous assessed
$108,520
+0.0% YoY
Effective rate
2.86%
On assessed value
Assessed land
$67,720
Assessed improvement
$40,800
Land market value
$169,300
Improvement market value
$102,000
Total market value
$271,300
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
1962
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Rooms
78
Bathrooms
2
Total area
4,788 SF
Lot
0.54 ac (23,522 SF)
Zoning code
G-B
APN
01-011 -002-004
UPID
US22-1445713
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
1962
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Rooms
78
Bathrooms
2
Lot
0.54 ac
Current owner
From public records · entity-resolved
Ews Trust
Trust
Free & Clear · 12 yrs held
Mailing address
2639 HIDDEN FLS DR, BUFORD, GA 30519-4536
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 17, 2019
—
Tennent L Slack
—
Deed
related
$500,000 · Bank Ozk
Sep 2, 2014
—
Slack Auto Parts Co LLP
—
Grant Deed
related
$1,446,662 · Bank Of The Ozarks
Nov 14, 2013
—
Ews Trust
Slack,enid W
Warranty Deed
related
—
Jul 24, 2008
—
Tennent Lee Slack
Slack,william H III
Quit Claim Deed
related
—
—
—
Tennent L Slack
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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