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    4820 Dawsonville Hwy Gainesville, GA 30506-3872
    Property profile & analytics

    4820 Dawsonville Hwy, Gainesville, GA 30506-3872

    View on Map
    • Grocery and convenience stores
    • 3,628 SF
    • 0.73 lot acres
    Off-Market
    Last Sale Jan 12, 2022
    $2,600,000
    Property ID
    US22-1675429
    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.
    Value Estimations
    $2,055,000
    Show details
    Cap Rate Potential
    2.9%
    Grocery and convenience stores
    Location Intelligence

    Current Use by Public Records

    • Shell / Gas Station
    • Granny's Country Store / Grocery & Convenience Store
    • Hunt Brothers Pizza / Restaurant

    Property Details for 4820 Dawsonville Hwy

    Year built
    1987
    Lot size
    0.73 lot acres
    Zone code
    CBD
    Property type
    Grocery and convenience stores
    APN
    314 007
    APU
    314007

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 12, 2022 $2,600,000 Bigapple Ventures LLC Golden Jubillee Year LLC Warranty Deed $1.3M · Synovus Bank
    Apr 8, 2019 — Golden Jubillee Year LLC — Deed · related $4M · Metro Cty Bk
    Aug 8, 2017 — Golden Jubilee Year LLC — Deed · related $487k · Southcrest Bk
    Apr 22, 2008 — Golden Jubilee Year LLC Niju Investments INC Quit Claim Deed · related $790k · Century Security Bank
    Apr 8, 2008 — Golden Jubillee Year LLC Niju Investments INC Grant Deed $790k · Century Security Bank
    Apr 1, 2008 — Niju Investments INC Vijay,k K & Girjia Quit Claim Deed · related —
    Mar 29, 2008 — Niju Investments INC Vijai,k K Grant Deed · related —
    Jan 19, 2006 — Ni Ju Investments INC Alibhai,nadiya Grant Deed · related —
    — — Golden Jubillee Year LLC — Deed Of Trust · related $4.4M · Metro Cty Bk
    — — Golden Jubillee Year LLC — Deed Of Trust · related $4M · Metro Cty Bk
    — — Golden Jubilee Year LLC — Deed Of Trust · related $2M · Southcrest Bank
    — — Golden Jubilee Year LLC — Loan Modification · related $487k · Southcrest Bk

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,995,000
      ML approach
      $2,190,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Forsyth
    State
    Georgia
    Longitude
    -83.9745
    Latitude
    34.3046
    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
    2024
    $3,051
    $73,000
    $51,416
    $124,416
    -
    $182,500
    $128,540
    $311,040

    Comparable in this City

    • Value Estimation
      $705,000
      2,240 SF

      8585 Browns Brg Rd

      CONVENIENCE STORE
      8585 Browns Brg Rd, Gainesville, GA 30506-6762
      View Details
    • Value Estimation
      $910,000
      2,660 SF

      3275 Cleveland Hwy

      CONVENIENCE STORE
      3275 Cleveland Hwy, Gainesville, GA 30506-1930
      View Details
    • Value Estimation
      $685,000
      4,200 SF

      4605 Price Rd

      CONVENIENCE STORE
      4605 Price Rd, Gainesville, GA 30506-2507
      View Details
    • Value Estimation
      $4,210,000
      3,400 SF

      6810 Jot Em Down Rd

      CONVENIENCE STORE
      6810 Jot Em Down Rd, Gainesville, GA 30506
      View Details
    • Value Estimation
      $815,000
      3,400 SF

      3649 Mt Vernon Rd

      CONVENIENCE STORE
      3649 Mt Vernon Rd, Gainesville, GA 30506-3081
      View Details
    • Value Estimation
      $13,980,000
      90,044 SF

      3630 Thompson Brg Rd

      GROCERY, SUPERMARKET
      3630 Thompson Brg Rd, Gainesville, GA 30506-1519
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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      8,734 SF

      Retail Center on Thompson Bridge Road

      Multi-tenant retail building with long-term tenants and high visibility.
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      Established Tire Shop For Sale

      Operating tire shop with a 30+ year history.
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    • New
      $389,900
      1,600 SF

      Established Tire Shop For Sale

      Turn-key tire shop serving the community for over 30 years.
      4071 Price Rd, Gainesville, GA 30506
      View Details
    • $495,000
      1.06 Acres

      Lake Lanier Waterfront Residential Lot

      Exceptional lot with water views and direct lake access.
      6212 Autumn Hill Ct, Gainesville, GA 30506
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    • $55,000
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      Lake Lanier Waterfront Land Parcel

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    Similar Nearby for Lease

    • Contact for pricing

      North Hall County Office Space

      2300 SF office space in excellent condition for rent.
      3631 Mount Vernon Rd, Gainesville, GA 30506
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    • $13 SF/Yr
      4,380 SF

      North Hall County Office Space

      Office space for rent in excellent condition, great exposure.
      3631 Mount Vernon Rd, Gainesville, GA 30506
      View Details
    • Contact for pricing

      Spacious Land with Rustic Barn

      8.66-acre parcel with barn, horse ring, and open land.
      7255B Wits End Dr, Gainesville, GA 30506
      View Details
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    Gainesville, GA 30506-3872
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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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