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Property profile & analytics
OFF-MARKET
Estimated value
$1,635,000
Retail space
5221 Lanier Iss Pkwy Buford, GA 30518-1800
Entity Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0300315
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2011
Total area
15,130 SF
Lot
1.24 ac (54,014 SF)
Zoning code
C-II
APN
08-169 -003-048
UPID
US22-0300315
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.64M
Owner & transaction history
Nidami LLC Series 1 · 12 yrs held
Nidami LLC Series 1
since 2013
6 recorded transactions
Zoning & alternative use
C-II · Buford, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
ARTICLE VI
Top alternative use upside
Office building
$2.4M
+4.4%
Warehouse, storage
$2.4M
+2.6%
Neighborhood: shopping center
$2.3M
+0.9%
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 Buford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Buford 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
Alternative Use
Use
Estimation
RETAIL STORES
$2,320,000
Current use
OFFICE BUILDING
$2,425,000
Change: +4% · Conversion: Easy
WAREHOUSE, STORAGE
$2,385,000
Change: +3% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,345,000
Change: +1% · Conversion: Moderate
Blend value · Realmo final
$1.64M
Range $1.47M – $1.80M · ±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
$108 / 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
$18,839
Tax year 2024
Assessed value
$899,000
Assessed 2024
Previous assessed
$899,840
-0.1% YoY
Effective rate
2.10%
On assessed value
Assessed land
$226,240
Assessed improvement
$672,760
Land market value
$565,600
Improvement market value
$1,681,900
Total market value
$2,247,500
Applied tax rate
8.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2011
Heating
NONE
Total area
15,130 SF
Lot
1.24 ac (54,014 SF)
Zoning code
C-II
APN
08-169 -003-048
UPID
US22-0300315
Jurisdiction
HALL
Zoning & alternative use
C-II · Buford, GAZoning C-II · permitted uses
C-II · Buford, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
ARTICLE VI
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.3M
OFFICE BUILDING
Est. value
$2.4M
WAREHOUSE, STORAGE
Est. value
$2.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.3M
RETAIL STORES Current
OFFICE BUILDING
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2011
Heating
NONE
Lot
1.24 ac
Current owner
From public records · entity-resolved
Nidami LLC Series 1
Entity
Free & Clear · 12 yrs held
Mailing address
304 INDIAN TRCE STE #507, WESTON, FL 33326-2996
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 4, 2013
—
Nidami LLC Series 1
Priest 1 LLC
Quit Claim Deed
related
—
Nov 2, 2011
$2,389,000
Priest 1 LLC
William Friendship Assocs LLC
Grant Deed
—
Dec 8, 2010
$525,000
Wm Friendship Associates LLC
Mwp Ents 401k
Grant Deed
—
Dec 7, 2007
$595,000
Bad Apples LLC
Paul,michael W
Grant Deed
$588,464 · Paul Michael W
Oct 25, 2004
—
Summer House Trading Company LLC
Village At Lake Lanier LLC
Grant Deed
$1,705,000 · First Nat'l Bk-corning
Jun 23, 2004
$1,946,348
Village At Lake Lanier LLC
Haj-murad Te M Ramzy
Trustees Deed
$1,480,000 · Homestead Bk
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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