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Property profile & analytics
OFF-MARKET
Estimated value
$6,035,000
Drug stores
5963 Spout Spgs Rd Flowery Branch, GA 30542-3452
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-2104585
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2009
Total area
14,478 SF
Lot
1.68 ac (73,181 SF)
Zoning code
H-B
APN
15-046 -000-150
UPID
US22-2104585
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
$6.27M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.04M
Owner & transaction history
Mcm-wags Ga I LLC · 6 yrs held
Mcm-wags Ga I LLC
since 2020
Last sale
$6.0M
2 recorded transactions
Zoning & alternative use
H-B · Flowery Branch, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.5M
+149.1%
Commercial (general)
$4.1M
+82.4%
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 Flowery Branch submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Flowery Branch 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
$5,870,000
ML approach
$6,270,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$5,535,000
Change: +149% · Conversion: Easy
COMMERCIAL (GENERAL)
$4,050,000
Change: +82% · Conversion: Easy
Blend value · Realmo final
$6.04M
Range $5.43M – $6.64M · ±10% · vs last sale $6.00M (Jan 14 2020)
Last sale anchor
$6.00M
Jan 14 2020
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
$417 / 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
$26,994
Tax year 2024
Assessed value
$951,880
Assessed 2024
Previous assessed
$1,085,160
-12.3% YoY
Effective rate
2.84%
On assessed value
Assessed land
$316,120
Assessed improvement
$635,760
Land market value
$790,300
Improvement market value
$1,589,400
Total market value
$2,379,700
Applied tax rate
3.0000
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2009
Heating
NONE
Total area
14,478 SF
Lot
1.68 ac (73,181 SF)
Zoning code
H-B
APN
15-046 -000-150
UPID
US22-2104585
Jurisdiction
HALL
Zoning & alternative use
H-B · Flowery Branch, GA
Zoning H-B · permitted uses
H-B · Flowery Branch, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Flowery Branch. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$5.5M
COMMERCIAL (GENERAL)
Est. value
$4.1M
RESTAURANT
COMMERCIAL (GENERAL)
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
2009
Heating
NONE
Lot
1.68 ac
Current owner
From public records · entity-resolved
Mcm-wags Ga I LLC
Entity
Mailing address
13024 BALLANTYNE CORPORATE PL STE #500, CHARLOTTE, NC 28277-0487
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 14, 2020
$4,600,000
Mcm-wags Ga I LLC
Young-abraham Ptshp
Grant Deed
$4,600,000 · First Nat'l Bk/pa
Mar 29, 2016
$7,200,000
Young-abraham Ptshp
Evans Flowery Br Drugstore LLC
Grant Deed
$2,250,000 · First Svgs 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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