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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Warehouses
5163 Cleveland Hwy Gainesville, GA 30506
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0981804
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1986
Construction
STEEL FRAME
Total area
2,784 SF
Lot
0.35 ac (15,246 SF)
Zoning code
H-B
APN
12-030 -000-017
UPID
US22-0981804
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$575k
CAP Approach
CAP
$450k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$575k
Owner & transaction history
Hornet Properties LLC · 4 yrs held
Hornet Properties LLC
since 2022
Last sale
$666,974
1 recorded transaction
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
Method
Estimation
Statistic approach
$510,000
ML approach
$575,000
CAP Approach
CAP Return
Estimation
6%
$485,000
6.5%
$450,000
7%
$420,000
Blend value · Realmo final
$575k
Range $518k – $633k · ±10% · vs last sale $667k (May 6 2022)
Last sale anchor
$667k
May 6 2022
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
$207 / 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
$1,507
Tax year 2024
Assessed value
$61,080
Assessed 2024
Previous assessed
$61,080
+0.0% YoY
Effective rate
2.47%
On assessed value
Assessed land
$20,280
Assessed improvement
$40,800
Land market value
$50,700
Improvement market value
$102,000
Total market value
$152,700
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1986
Construction
STEEL FRAME
Heating
YES
Rooms
47
Bathrooms
2
Total area
2,784 SF
Lot
0.35 ac (15,246 SF)
Zoning code
H-B
APN
12-030 -000-017
UPID
US22-0981804
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
1986
Construction
STEEL FRAME
Heating
YES
Rooms
47
Bathrooms
2
Lot
0.35 ac
Current owner
From public records · entity-resolved
Hornet Properties LLC
Entity
Free & Clear · 4 yrs held
Mailing address
5317 T L BOWER WAY, FLOWERY BRANCH, GA 30542-2898
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2022
$666,974
Hornet Properties LLC
North Hall Ace Hardware INC
Warranty Deed
—
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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