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

    4884 Price Rd Gainesville, GA 30506-2545

    • Day care centers
    • 4,162 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1593249
    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

    • Resting Nest / Assisted Living Facility / Nursing Home

    Property Details for 4884 Price Rd

    Year built
    1971
    Lot size
    1.00 lot acres
    Property size
    4,162 SF
    Zone code
    AR-III
    Property type
    Day care centers
    APN
    11-108 -000-002B
    APU
    11108000002B

    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
    Gainesville
    County
    Hall
    State
    Georgia
    Longitude
    -83.9292
    Latitude
    34.4004
    CBSA code
    23580
    CBSA name
    GAINESVILLE, 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
    $2,107
    $40,000
    $224,392
    $264,392
    -
    $100,000
    $560,980
    $660,980

    Comparable in this City

    • Value Estimation
      $740,000
      3,990 SF

      7395 Browns Brg Rd

      DAY CARE, PRE-SCHOOL • 3,990 SF
      7395 Browns Brg Rd, Gainesville, GA 30506-6343
      View Details
    • Value Estimation by Request
      4,094 SF

      2951 Jay Mtn Rd

      VETERINARY, ANIMAL HOSPITAL • 4,094 SF
      2951 Jay Mtn Rd, Gainesville, GA 30506-4284
      View Details
    • Value Estimation by Request
      1.68 Acres

      3125 Antioch Campground Rd

      CHARITABLE ORGANIZATION • 1.68 Acres
      3125 Antioch Campground Rd, Gainesville, GA 30506-2207
      View Details
    • Value Estimation by Request
      1,260 SF

      8490 Bryant Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 1,260 SF
      8490 Bryant Rd, Gainesville, GA 30506-4083
      View Details
    • Value Estimation by Request
      1.89 Acres

      Antioch Campground Rd

      CHARITABLE ORGANIZATION • 1.89 Acres
      Antioch Campground Rd, Gainesville, GA 30506
      View Details
    • Value Estimation by Request
      1,800 SF

      6635 Little Ml Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 1,800 SF
      6635 Little Ml Rd, Gainesville, GA 30506-4719
      View Details

    Similar Nearby for Sale

    • $875,000
      3.52 Acres

      Gainesville Corner Lot - Pad Ready

      High-visibility corner lot, ideal for development.
      6775 Browns Bridge Rd, Gainesville, GA 30506
      View Details
    • $225,000
      0.59 Acres

      Lake Lanier Waterfront Lot

      Gainesville, GA - Resort Living
      3515 Water Front Dr, Gainesville, GA 30506
      View Details
    • Contact for pricing
      Pending

      Two Residential Lots Near Lake

      Two adjoining residential lots near Lake Lanier Shores.
      Old Still Path, Gainesville, GA 30506
      View Details
    • Contact for pricing
      0.32 Acres

      Gainesville Land Near Lake Lanier

      0.32-acre corner lot near Lake Lanier, ideal for residence.
      Quail Mountain Trl, Gainesville, GA 30506
      View Details
    • $299,000
      1.04 Acres

      Cleared Lot in North Hall

      1.04-acre cleared, permitted lot ready for building.
      3439 Clarks Bridge Rd, Gainesville, GA 30506
      View Details
    • $62,899
      1.30 Acres

      Residential Land in Hall County

      Private, wooded lot near Lake Lanier, perfect for custom home.
      3746 Leach Rd, Gainesville, GA 30506
      View Details

    Similar Nearby for Lease

    • $2,200 /Mo
      10,890 SF

      Gainesville Office Building For Lease

      Stand-alone office building with high visibility on Thompson Bridge Road.
      3368 Thompson Bridge Rd, Gainesville, GA 30506
      View Details
    • Contact for pricing

      8.66-Acre Commercial Land Parcel

      Country retreat, equestrian ideal.
      7255B Wits End Dr, Gainesville, GA 30506
      View Details
    • Contact for pricing
      1 SF

      Gainesville Commercial Land for Lease

      1.71 Acres, Single Tenant Potential
      3654 Thompson Bridge Rd, Gainesville, GA 30506
      View Details
    • Contact for pricing

      Outparcel Near Kroger and Development

      Outparcel available with cross-access to Kroger and new development.
      Gainesville, GA 30506
      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.
    4884 Price Rd
    Gainesville, GA 30506-2545
    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.