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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
4590 Old Cornelia Hwy Gainesville, GA 30507-7790
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US22-1415229
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1970
Total area
1,320 SF
Lot
1.09 ac (47,480 SF)
Zoning code
H-B
APN
15-008A-000-064
UPID
US22-1415229
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
-
East Hall Tire Shop (Bike/Boat/Book/etc) Store Auto Parts Store
-
East Hall Food Mart Grocery & Convenience 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
Karf INC · 18 yrs held
Karf INC
since 2007
3 recorded transactions
Zoning & alternative use
H-B · Gainesville, GA
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
$1,749
Tax year 2024
Assessed value
$70,910
Assessed 2024
Previous assessed
$70,910
+0.0% YoY
Effective rate
2.47%
On assessed value
Assessed land
$21,800
Assessed improvement
$49,110
Land market value
$54,500
Improvement market value
$122,774
Total market value
$177,274
Applied tax rate
1.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1970
Heating
YES
Buildings
2
Total area
1,320 SF
Lot
1.09 ac (47,480 SF)
Zoning code
H-B
APN
15-008A-000-064
UPID
US22-1415229
Jurisdiction
HALL
Zoning & alternative use
H-B · Gainesville, GAZoning H-B · permitted uses
H-B · Gainesville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
ARTICLE 9-1
Building & site characteristics
From public records
Year built
1970
Heating
YES
Buildings
2
Lot
1.09 ac
Current owner
From public records · entity-resolved
Karf INC
Entity
Mailing address
4590 OLD CORNELIA HWY, GAINESVILLE, GA 30507-7790
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 24, 2007
$306,000
Karf INC
Patel,anantkumar M
Grant Deed
$376,000 · Bpj LLC
May 16, 2005
$220,000
Patel,anantkumar M
Shope Mobile Home Park Land Trus
Warranty Deed
$176,000 · Bpj LLC
—
—
Shope Mobile Home Park Land Trus
—
Deed Of Trust
related
$424,000 · Regions Bk/fayette
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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