Technical
Financial
Distress signals
Property profile

523 Main SW St Gainesville, GA 30501

OFF-MARKET
Outlet malls
Property ID
US22-0858584
23,060 SF 1.4 ac lot Built 1967
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1967
Construction STEEL FRAME
Total area 23,060 SF
Lot 1.4 ac (60,984 SF)
Zoning code G-B
APN 01-011 -001-004
UPID US22-0858584

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon

Location

523 Main SW St Gainesville, GA 30501-4417
Gainesville metro Census 1101 GAINESVILLE, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.50M
CAP Approach CAP
$4.09M
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.50M

Owner & transaction history

since 2024
Last sale
$3.5M
6 recorded transactions
2024
$3.5M
2024
Price N/A
2018
Price N/A
2017
Price N/A
2010
Price N/A
2007
$2.1M

Zoning & alternative use

G-B · Gainesville, GA
Zoning description

Standard O-I N-B C-B R-B G-B L-I H-I Table Notes: A “-“ in a cell = Not Permitted *Additional density may be allowed by the Governing Body with approval of a Special Use. **Required zoning buffers may be reduced in width…

General category COMMERCIAL
Top alternative use upside
Medical building $4.9M +51.1%
Auto repair, garage $4.4M +34.8%
Commercial (general) $3.8M +15.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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