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    Property profile & analytics

    593 Main St Suwanee, GA 30024-2228

    • Investment properties
    • 4,099 SF
    • 0.33 lot acres
    OFF-MARKET
    Value Estimations
    $745,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-4491262
    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

    • Kenney & Medina, P.C. / Law Firm
    • All Emergency Services / Department Store / Grocery & Convenience Store
    • Atlanta Divorce Law Group / Law Firm

    Property Details for 593 Main St

    Year built
    2017
    Construction
    WOOD
    Lot size
    0.33 lot acres
    Property size
    4,099 SF
    Zone code
    C1-NBHD BUSINESS
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    7-236 -037
    APU
    7236037

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $830,000
      6.5%
      $765,000
      7%
      $710,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $854,000
      Market price range: $854k - $1.34M
      AI Estimate
      $615,000
      Market price range: $616k - $1.16M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,050,000
      Current use
      RETAIL STORES
      $1,105,000
      Change: +6% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $1,080,000
      Change: +3% Conversion: Difficult
      OFFICE BUILDING
      $1,000,000
      Change: -5% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Suwanee
    County
    Gwinnett
    State
    Georgia
    Longitude
    -84.073
    Latitude
    34.0524
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, 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
    2023
    $5,521
    $57,000
    $115,000
    $172,000
    -
    $142,500
    $287,500
    $430,000

    Comparable in this City

    • Value Estimation by Request
      1,150 SF

      725 Jackson St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,150 SF
      725 Jackson St, Suwanee, GA 30024
      View Details
    • Value Estimation
      $960,000
      1,920 SF

      7590 Mcginnis Fry Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,920 SF
      7590 Mcginnis Fry Rd, Suwanee, GA 30024-1201
      View Details
    • Value Estimation by Request
      1,568 SF

      513 Mary Lou St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,568 SF
      513 Mary Lou St, Suwanee, GA 30024
      View Details
    • Value Estimation by Request
      1,800 SF

      14 Hwy 23rd NE

      OFFICE/RESIDENTIAL (MIXED USE) • 1,800 SF
      14 Hwy 23rd NE, Suwanee, GA 30024
      View Details
    • Value Estimation
      $760,000
      4,002 SF

      3949 Russell St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,002 SF
      3949 Russell St, Suwanee, GA 30024-2225
      View Details
    • Value Estimation by Request
      1,242 SF

      3947 Lawrenceville Suwanee Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,242 SF
      3947 Lawrenceville Suwanee Rd, Suwanee, GA 30024-2321
      View Details

    Similar Nearby for Sale

    • $950,000
      1,484 SF

      Suwanee Mixed-Use Property - Huge Potential

      Prime Suwanee location, live/work opportunity, high visibility.
      541 Mary Lou St, Suwanee, GA 30024
      View Details
    • $730,000
      0.80 Acres

      Residential Land in Gated Community

      Homesite in prestigious gated community with world-class amenities.
      1078 Crescent River Pass, Suwanee, GA 30024
      View Details
    • Contact for pricing
      450 SF

      450-Acre Forsyth County Land Parcel

      Large land parcel for mixed-use development in Forsyth County.
      Peachtree Pkwy, Suwanee, GA 30024
      View Details
    • $525,000
      2,688 SF

      Suwanee Office Condo For Sale

      Class A Office, 3,000 sqft
      5400 Laurel Springs Pkwy, Suwanee, GA 30024
      View Details
    • $1,060,000
      1 SF

      Suwanee Office/Professional Pad Site

      1+/- acre office site near Gwinnett Medical and I-85.
      2640 Lawrenceville Suwanee Rd, Suwanee, GA 30024
      View Details
    • $600,000
      1.09 Acres

      Land in Gated Golf Community

      Over one acre lot in The River Club.
      891 Woodvale Pt, Suwanee, GA 30024
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,295 SF

      Mixed-Use Property in Suwanee, GA

      Mixed-use property with retail and residential units in Suwanee.
      320 Town Center Ave, Suwanee, GA 30024
      View Details
    • Contact for pricing
      1,331 SF

      Mixed-Use Property in Suwanee

      Landmark property with retail, townhomes, condos, and single-family homes.
      340 Town Center Ave, Suwanee, GA 30024
      View Details
    • Contact for pricing
      7,500 SF

      Mixed-Use Property in Suwanee, GA

      Landmark mixed-use property with retail and residential components.
      310 Town Center Ave, Suwanee, GA 30024
      View Details
    • Contact for pricing
      71,547 SF

      Johns Creek Medical Office Space

      Prime Medical Office Suites For Lease
      3855-4055 Johns Creek Pkwy, Suwanee, GA 30024
      View Details
    • $2,900 /Mo
      871 SF

      Suwanee Office Suite For Lease

      Professional office suite with private offices, kitchen, and accessible parking.
      530 Highland Station Dr, Suwanee, GA 30024
      View Details
    • $1,099 /Mo
      871 SF

      Suwanee Office Space For Rent

      Well-designed business condominium with private office space and parking.
      1110 Satellite Blvd NW, Suwanee, GA 30024
      View Details
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    593 Main St
    Suwanee, GA 30024-2228
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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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