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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5871 Spout Spgs Rd Flowery Branch, GA 30542-3448

    • Strip malls
    • 120,204 SF
    • 14.77 lot acres
    OFF-MARKET
    Last Sale
    Aug 12, 2021
    $30,200,000
    Value Estimations
    $27,085,000
    Show details
    Cap Rate Potential
    6.3%
    Strip malls
    Location Intelligence
    Property ID
    US22-0867268
    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.

    Current Use by Public Records

    • Strip malls

    Property Details for 5871 Spout Spgs Rd

    Year built
    2007
    Construction
    STEEL FRAME
    Lot size
    14.77 lot acres
    Property size
    120,204 SF
    Zone code
    H-B
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    08-114 -001-004
    APU
    8114001004

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $27,620,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $29,185,000
      6.5%
      $26,940,000
      7%
      $25,015,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $20,476,000
      Market price range: $10.4M - $27.6M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $18,620,000
      Current use
      COMMERCIAL (GENERAL)
      $33,645,000
      Change: +81% Conversion: Easy
      AUTO REPAIR, GARAGE
      $25,125,000
      Change: +35% Conversion: Difficult
      MEDICAL BUILDING
      $23,920,000
      Change: +28% Conversion: Difficult
      OFFICE BUILDING
      $19,265,000
      Change: +3% Conversion: Moderate
      RETAIL STORES
      $18,450,000
      Change: -1% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Flowery Branch
    County
    Hall
    State
    Georgia
    Longitude
    -83.9088
    Latitude
    34.1794
    CBSA code
    23580
    CBSA name
    GAINESVILLE, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $219,291
    $1,862,440
    $5,307,560
    $7,170,000
    -
    $4,656,100
    $13,268,900
    $17,925,000

    Comparable in this City

    • Value Estimation
      $1,560,000
      16,000 SF

      4875 Hog Mtn Rd

      SHOPPING CENTER, STRIP CENTER • 16,000 SF
      4875 Hog Mtn Rd, Flowery Branch, GA 30542-3476
      View Details
    • Value Estimation
      $665,000
      6,275 SF

      5458 Mcever Rd

      SHOPPING CENTER, STRIP CENTER • 6,275 SF
      5458 Mcever Rd, Flowery Branch, GA 30542-2899
      View Details
    • Value Estimation
      $1,820,000
      16,250 SF

      7108 Williams Rd

      SHOPPING CENTER, STRIP CENTER • 16,250 SF
      7108 Williams Rd, Flowery Branch, GA 30542-5644
      View Details
    • Value Estimation
      $2,950,000
      7,560 SF

      7310 Spout Spgs Rd

      SHOPPING CENTER, STRIP CENTER • 7,560 SF
      7310 Spout Spgs Rd, Flowery Branch, GA 30542-5543
      View Details
    • Value Estimation
      $10,835,000
      95,843 SF

      3446 Winder Hwy

      SHOPPING CENTER, STRIP CENTER • 95,843 SF
      3446 Winder Hwy, Flowery Branch, GA 30542-3007
      View Details
    • Value Estimation
      $550,000
      4,113 SF

      5911 Spout Spgs Rd

      SHOPPING CENTER, STRIP CENTER • 4,113 SF
      5911 Spout Spgs Rd, Flowery Branch, GA 30542-6469
      View Details

    Similar Nearby for Sale

    • $2,395,000
      1,735 SF

      Strickland Brothers Auto Shop Investment

      High-growth Atlanta auto shop, NNN lease.
      4049 Winder Hwy, Flowery Branch, GA 30542
      View Details
    • New
      $1,250,000
      1.40 Acres

      Commercial Land Assemblage Opportunity

      4.7 acres suitable for retail, service-commercial, or mixed-use.
      3777 Winder Hwy, Flowery Branch, GA 30542
      View Details
    • $750,000
      1,566 SF

      Flowery Branch Commercial Assemblage Opportunity

      Three contiguous parcels with commercial potential in a high-growth area.
      4407 Winder Hwy, Flowery Branch, GA 30542
      View Details
    • $350,000
      1.04 Acres

      Flowery Branch Retail Development Site

      Retail development site near school and park in Flowery Branch.
      5501 Radford Rd, Flowery Branch, GA 30542
      View Details
    • $2,200,000
      9,892 SF

      Retail Opportunity in Flowery Branch

      Established franchise opportunity serving families in Flowery Branch, Georgia.
      4016 Winder Hwy, Flowery Branch, GA 30542
      View Details
    • $400,000
      1,250 SF

      Renovated Commercial Space on Atlanta Highway

      1,250 sq ft renovated commercial space with high visibility.
      3473 Atlanta Hwy, Flowery Branch, GA 30542
      View Details

    Similar Nearby for Lease

    • $12,000 /Mo

      Flowery Branch Commercial Space Available

      Versatile commercial space in high-visibility location with flexible layout.
      5556 Atlanta Hwy, Flowery Branch, GA 30542
      View Details
    • Contact for pricing
      112,304 SF

      Robson Crossing Retail Space Available

      Flowery Branch retail space, multiple units.
      3446 Winder Hwy, Flowery Branch, GA 30542
      View Details
    • $22 SF/Yr
      3,175 SF

      Flowery Branch Automotive Services Property

      Multi-purpose building suitable for automotive services in high-growth area.
      4107 Winder Hwy, Flowery Branch, GA 30542
      View Details
    • Contact for pricing
      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
    • $12,000 /Mo

      Versatile Commercial Space, Flowery Branch

      Adaptable commercial space in high-visibility location near I-985.
      5556 Atlanta Hwy, Flowery Branch, GA 30542
      View Details
    • Contact for pricing

      Kohl's Pad Site For Lease

      Outparcel available for ground lease near major retailers.
      5851 Spout Springs Rd, Flowery Branch, GA 30542
      View Details
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    Flowery Branch, GA 30542-3448
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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.

    More about this property
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