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Property profile & analytics
OFF-MARKET
Estimated value
$1,770,000
Outlet malls
5137 Cleveland Hwy Gainesville, GA 30506-2875
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US22-1526646
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1984
Construction
STEEL FRAME
Total area
21,300 SF
Lot
2.21 ac (96,268 SF)
Zoning code
H-B
APN
12-019B-000-051
UPID
US22-1526646
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
-
Ace Hardware North Hall Building Supply Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.00M
Blend (final)
Blend
$1.77M
Owner & transaction history
North Hall Ace Hardware INC · 9 yrs held
North Hall Ace Hardware INC
since 2017
7 recorded transactions
Zoning & alternative use
H-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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.77M
Range $1.59M – $1.95M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$83 / SF
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
$7,761
Tax year 2024
Assessed value
$314,584
Assessed 2024
Previous assessed
$314,584
+0.0% YoY
Effective rate
2.47%
On assessed value
Assessed land
$122,080
Assessed improvement
$192,504
Land market value
$305,200
Improvement market value
$481,260
Total market value
$786,460
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1984
Construction
STEEL FRAME
Heating
YES
Cooling
CENTRAL
Rooms
50
Bathrooms
1
Total area
21,300 SF
Lot
2.21 ac (96,268 SF)
Zoning code
H-B
APN
12-019B-000-051
UPID
US22-1526646
Jurisdiction
HALL
Zoning & alternative use
H-B · Gainesville, GA
Zoning 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
Gainesville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Rooms
50
Bathrooms
1
Lot
2.21 ac
Current owner
From public records · entity-resolved
North Hall Ace Hardware INC
Entity
Mailing address
5137 CLEVELAND HWY, GAINESVILLE, GA 30506-2875
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2017
—
North Hall Ace Hardware INC
—
Deed
related
$232,635 · United Cmnty Bk
Dec 16, 2016
—
North Hall Ace Hardware INC
—
Deed
related
$143,217 · United Cmnty Bk
Nov 4, 2016
—
North Hall Ace Hardware INC
—
Deed
related
$162,620 · United Cmnty Bk
Sep 17, 2010
—
North Hall Ace Hardward INC
—
Trustees Deed
related
$45,000 · United Cmnty Bk
—
—
North Hall Ace Hardware INC
—
Loan Modification
related
$426,462 · United Community Bank
—
—
North Hall Ace Hardware INC
—
Loan Modification
related
$426,462 · United Community Bank
—
—
North Hall Hardware INC
—
Deed Of Trust
related
$487,059 · United Community Bank
—
—
North Hall Ace Hardware INC
—
Loan Modification
related
$182,046 · United Cmnty Bk
—
—
North Hall Ace Hardware INC
—
Deed Of Trust
related
$585,144 · United Community Bank
—
—
North,hall Ace Hardware INC
—
Deed Of Trust
related
$1,148,905 · United Community Bank
—
—
North Hall Ace Hardware INC
—
Deed Of Trust
related
$150,525 · United Community Bank
—
—
North Hall Ace Hardware INC
—
Loan Modification
related
$143,217 · United Cmnty Bk
—
—
North Hall Ace Hardware INC
—
Loan Modification
related
$162,620 · United Cmnty Bk
—
—
North Hall Ace Hardware INC
—
Deed Of Trust
related
$302,529 · Regions Bk/fayette
—
—
North Hall Ace Hardware INC
—
Deed Of Trust
related
$362,529 · Regions Bk/fayette
—
—
North Hall Ace Hardware INC
—
Loan Modification
related
$232,635 · United Cmnty Bk
—
—
North Hall Hardware INC
—
Deed Of Trust
related
$487,059 · United Community Bank
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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