Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    429 Hill St Buford, GA 30518

    • Commercial real estate
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1380235
    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

    • Commercial real estate

    Property Details for 429 Hill St

    Property type
    Commercial real estate

    Description

    This exceptional executive office space, located at 429 S Hill Street in Buford, Georgia, 30518, offers a unique blend of convenience and charm. The property consists of a beautifully renovated ranch home situated on a 0.36-acre lot in the heart of downtown Buford. The building features two structures, providing approximately 100 square feet of office space in a single-tenant configuration. The property boasts three offices, three bathrooms, a separate laundry room, a deck, a detached garage, and a fenced backyard. Inside, you'll find high 10-foot ceilings, custom cabinets, granite countertops, and stainless steel appliances including a dishwasher, refrigerator, electric cooktop, and oven. Parking is readily available with four spaces on the property. The property is zoned MIX, and its APN is R7295B051. Its central location offers easy access to Buford City Schools, a variety of restaurants in historic downtown Buford, the Mall of Georgia, and Lake Lanier. Lawn care is included in the monthly rental price of $3200, with a $3200 security deposit required. This property presents an excellent opportunity for a business seeking a unique and well-appointed office space in a highly desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Buford
    County
    Gwinnett
    State
    Georgia
    Longitude
    -83.9989919
    Latitude
    34.1189835

    Comparable in this City

    • Contact for pricing

      Freestanding Retail with Drive-Thru

      Former bank/dental office with drive-thru in high-growth market.
      Buford, GA 30518
      View Details
    • $12 SF/Yr
      1,962 SF

      Office/Flex Warehouse Suites Available

      Office and flex warehouse suites for lease in Buford, GA.
      1839 Buford Hwy, Buford, GA 30518
      View Details
    • $4,000 /Mo
      571,943 SF

      Downtown Buford Historic Office Space

      Professionally decorated office space in historic Downtown Buford.
      554 W Main St, Buford, GA 30518
      View Details
    • $1,895 /Mo
      1,500 SF

      Buford Commercial Office and Warehouse

      Office and warehouse space available for lease in Buford, GA.
      5215 Palmero Ct, Buford, GA 30518
      View Details
    • $1,895 /Mo
      14,375 SF

      Office and Warehouse Space Available

      Office and warehouse space for lease in Buford, Georgia.
      5215 Palmero Ct, Buford, GA 30518
      View Details
    • $18 SF/Yr
      1,200 SF

      Buford Office Space: Prime Location

      Downtown Buford Office - 1200 sq ft
      245 Moreno St, Buford, GA 30518
      View Details

    Similar Nearby for Sale

    • $699,900
      0.78 Acres

      Commercial Corner Lot on Highway

      Highly visible commercial corner lot with good potential in Buford.
      879 Gainesville Hwy, Buford, GA 30518
      View Details
    • $2,700,000
      3.27 Acres

      Buford Highway Commercial Multi-Use Property

      Prime Buford Hwy location, 3.27 acres, 8 buildings.
      1405 Buford Hwy, Buford, GA 30518
      View Details
    • $699,900
      0.78 Acres

      Commercial Corner Lot in Buford

      Highly visible corner lot with development potential near Gainesville Highway.
      879 Gainesville Hwy, Buford, GA 30518
      View Details
    • Contact for pricing
      1.00 Acre

      Prime Sugar Hill Multi-Lot Development

      Four lots, 5.86 acres, Hwy 20 frontage.
      5710 Cumming Hwy, Sugar Hill, GA 30518
      View Details
    • $699,000
      2,400 SF

      Downtown Buford Commercial Office Space

      Multi-unit office building with parking in downtown Buford.
      245 W Moreno St, Buford, GA 30518
      View Details
    • $1,295,000
      4,800 SF

      Downtown Buford Commercial Opportunity

      Commercial building in downtown Buford with unique upgrades.
      743 Church St, Buford, GA 30518
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Freestanding Retail with Drive-Thru

      Former bank/dental office with drive-thru in high-growth market.
      Buford, GA 30518
      View Details
    • $12 SF/Yr
      1,962 SF

      Office/Flex Warehouse Suites Available

      Office and flex warehouse suites for lease in Buford, GA.
      1839 Buford Hwy, Buford, GA 30518
      View Details
    • $4,000 /Mo
      571,943 SF

      Downtown Buford Historic Office Space

      Professionally decorated office space in historic Downtown Buford.
      554 W Main St, Buford, GA 30518
      View Details
    • $1,895 /Mo
      1,500 SF

      Buford Commercial Office and Warehouse

      Office and warehouse space available for lease in Buford, GA.
      5215 Palmero Ct, Buford, GA 30518
      View Details
    • $1,895 /Mo
      14,375 SF

      Office and Warehouse Space Available

      Office and warehouse space for lease in Buford, Georgia.
      5215 Palmero Ct, Buford, GA 30518
      View Details
    • $18 SF/Yr
      1,200 SF

      Buford Office Space: Prime Location

      Downtown Buford Office - 1200 sq ft
      245 Moreno St, Buford, GA 30518
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    429 Hill St
    Buford, GA 30518
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.