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Property profile & analytics
OFF-MARKET
Estimated value
$1,740,000
Drive through restaurants
604 White Sulphur Rd Gainesville, GA 30501-2620
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1769659
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2021
Total area
2,328 SF
Lot
0.75 ac (32,670 SF)
Zoning code
G-B
APN
09-123 -000-008
UPID
US22-1769659
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
Current use
Occupant on record · Public records
-
Chipotle Mexican Grill Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.68M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.74M
Owner & transaction history
Lane Creek Investments LLC · 4 yrs held
Lane Creek Investments LLC
since 2022
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
G-B · Gainesville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 with installation of a structural buffer as provided in Chapter 13-1. CITY OF GAINESVILLE, GA | Unified Land Development Code
Zone name
General Business
General category
COMMERCIAL
Zone area
917.66 ac
Source
ARTICLE 9-1
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 Gainesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gainesville 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
$1,590,000
ML approach
$1,675,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.74M
Range $1.57M – $1.91M · ±10% · vs last sale $2.20M (Feb 24 2022)
Last sale anchor
$2.20M
Feb 24 2022
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
$747 / 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
$16,817
Tax year 2024
Assessed value
$587,200
Assessed 2024
Previous assessed
$588,880
-0.3% YoY
Effective rate
2.86%
On assessed value
Assessed land
$252,000
Assessed improvement
$335,200
Land market value
$630,000
Improvement market value
$838,000
Total market value
$1,468,000
Applied tax rate
4.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2021
Heating
NONE
Total area
2,328 SF
Lot
0.75 ac (32,670 SF)
Zoning code
G-B
APN
09-123 -000-008
UPID
US22-1769659
Jurisdiction
HALL
Zoning & alternative use
G-B · Gainesville, GAZoning G-B · permitted uses
G-B · Gainesville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
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 with installation of a structural buffer as provided in Chapter 13-1. CITY OF GAINESVILLE, GA | Unified Land Development Code
Zone name
General Business
General category
COMMERCIAL
Zone area
917.66 ac
Source
ARTICLE 9-1
Building & site characteristics
From public records
Year built
2021
Heating
NONE
Lot
0.75 ac
Current owner
From public records · entity-resolved
Lane Creek Investments LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1280 SNOWS ML RD, BOGART, GA 30622-2777
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2022
$2,203,000
Lane Creek Investments LLC
Hab Grp LLC
Warranty Deed
—
Jan 29, 2021
$825,000
Hab Grp LLC
Capstone Acquisitions LLC
Warranty Deed
—
Apr 15, 2019
—
Capstone Acquisitions LLC
—
Deed
related
$1,023,930 · Southern Bk
Feb 22, 2019
—
Lareve Properties LLC
Capstone Acquisitions LLC
Quit Claim Deed
related
$1,037,154 · Southern Bk
Dec 18, 2018
$265,200
Lareve Properties LLC
Capstone Acquisitions LLC
Warranty Deed
—
Dec 18, 2018
$392,500
Lareve Properties LLC
Capstone Acquisitions LLC
Warranty Deed
$261,240 · Capstone Acquisitions LLC
Nov 29, 2018
—
Bb & H Propertoes 2 LLC
—
Deed
related
$2,431,553 · Peach St Bk
Aug 2, 2018
—
Bb & H Properties 2 LLC
—
Deed
related
$2,262,883 · Peach St Bk
Mar 30, 2018
$850,000
Bb & H Properties 2 LLC
Capstone Acquisitions LLC
Grant Deed
$2,262,883 · Peach St Bk
Feb 5, 2018
—
Capstone Acquisitions LLC
—
Deed
related
$1,419,866 · Southern Bk
Sep 15, 2017
$1,000,000
Capstone Acquisitions LLC
Pacolet Milliken Ents INC
Grant Deed
$1,102,500 · Southern Bk
Sep 15, 2017
—
Pacolet Milliken Ents INC
Milliken & Co
Quit Claim Deed
related
—
Dec 31, 2013
$1,438,000
New Holland LLC
Pacolet Milliken Ents INC
Grant Deed
$1,150,400 · Chattahoochee Bank Georgia
—
—
Capstone Acquisitions LLC
—
Loan Modification
related
$1,023,930 · Southern Bk
—
—
Bb & H Propertoes 2 LLC
—
Loan Modification
related
$2,431,553 · Peach St Bk
—
—
Capstone Acquisitions LLC
—
Loan Modification
related
$1,419,866 · Southern Bk
—
—
Bb & H Properties 2 LLC
—
Loan Modification
related
$2,262,883 · Peach St 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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