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    5144 Spring St Flowery Branch, GA 30542
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    Property profile & analytics

    5144 Spring St, Flowery Branch, GA 30542

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    • Residential income homes
    Off-Market
    Property ID
    US22-4063213
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Residential income homes

    Property Details for 5144 Spring St

    Property type
    Residential income homes
    APN
    08113 002018

    Description

    This meticulously renovated four-unit quadplex in Flowery Branch, GA, presents a compelling investment opportunity. Located at 5144 Spring St, this Class A property boasts two stories and sits on a lot with APN 08113 002018. Currently, 50% occupancy generates immediate income with two units already leased at $1,600 per month each. Extensive renovations include new gutters, downspouts, custom fascia metal, and a reinforced roof. The interiors feature freshly painted shaker-style kitchen cabinets, new dishwashers in two units, durable LVP flooring, and elegant tile bathrooms. Coded front door locks enhance security. Exterior improvements include landscaping with Bermuda sod, olive trees, and azaleas, new deck stairs for two units, a retaining wall, updated grading, and a finished backyard with pine straw and decorative rock. The property's prime location in Flowery Branch offers easy access to schools, shopping, and dining, ensuring high rental demand and strong cash flow potential. The asking price is $995,000, and the permitted zoning is residential. This turnkey investment is ready for immediate income generation and offers exceptional earning potential in a highly sought-after area. This is a rare opportunity to acquire a fully renovated, income-producing property with significant upside.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Flowery Branch
    County
    Hall
    State
    Georgia
    Longitude
    -83.9206509
    Latitude
    34.1852301

    Comparable in this City

    • Contact for pricing

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      Renovated Duplex Overlooking Lake Harbor

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    • $646,000
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      Flowery Branch Multifamily Investment

      Fully leased duplexes near Lake Lanier with future use possibilities.
      6184 Mitchell St, Flowery Branch, GA 30542
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      Flowery Branch Townhouse Opportunity

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      New Construction Home in Flowery Branch

      Luxury living in a master-planned community with resort-style amenities.
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    Similar Nearby for Sale

    • Contact for pricing

      Renovated Duplex Overlooking Lake Harbor

      Fully renovated duplex near Lake Harbor Marina in Flowery Branch.
      6140 Jones Rd, Flowery Branch, GA 30542
      View Details
    • $646,000
      Pending

      Flowery Branch Multifamily Investment

      Fully leased duplexes near Lake Lanier with future use possibilities.
      6184 Mitchell St, Flowery Branch, GA 30542
      View Details
    • $646,000
      Pending

      Flowery Branch Multifamily Investment

      Fully leased duplexes near Lake Lanier with future use possibilities.
      6184 Mitchell St, Flowery Branch, GA 30542
      View Details
    • $538,900
      0.30 Acres

      Renovated Duplex Overlooking Lake Harbor

      Fully renovated duplex in Flowery Branch with lake views.
      6140 Jones Rd, Flowery Branch, GA 30542
      View Details
    • $340,000

      Flowery Branch Townhouse Opportunity

      Low-maintenance townhouse near Mall of Georgia and Lake Lanier.
      5361 Melbourne Ln, Flowery Branch, GA 30542
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    • $984,900
      3,029 SF

      New Construction Home in Flowery Branch

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      6793 Winding Canyon Rd, Flowery Branch, GA 30542
      View Details

    Similar Nearby for Lease

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      Flex Space with Office/Warehouse

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      Versatile Commercial Space, Flowery Branch

      Adaptable commercial space in high-visibility location near I-985.
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      Retail Space Available For Lease

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      96,945 SF

      Hall County Distribution Facility

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      30542 Usa, Oakwood, GA 30542
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      1,620 SF

      Retail Space on Winder Hwy

      Retail space available for lease in Flowery Branch, Georgia.
      3458 Winder Hwy, Flowery Branch, GA 30542
      View Details
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    Flowery Branch, GA 30542
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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.

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