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Property profile & analytics
FOR LEASE
Office buildings
629 Dawsonville Hwy Gainesville, GA 30501
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US22-4667386
For Lease
1 / 20
$1,250/Mo
629 Dawsonville Hwy, Gainesville, GA 30501
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1998
Total area
6,390 SF
Lot
1.99 ac (86,684 SF)
Zoning code
PCD
APN
01-116 -002-072
UPID
US22-4667386
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
-
Keller Williams Lanier Partners Real Estate Agency
-
Keller Williams Realty Real Estate Agency
-
Bev Knight - Keller Williams Realty Real Estate Agency
-
Keller Williams Realty: Chad Buffington Real Estate Agency
-
Ana Lizette - Keller Williams - First Imperial Realty LLC Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.41M
Comparable Approach
Comparable
$1.32M
Blend (final)
Blend
$1.22M
Owner & transaction history
Lllp Jekg · 1 yrs held
Lllp Jekg
since 2025
4 recorded transactions
Zoning & alternative use
PCD · Gainesville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
ARTICLE 9-1
Top alternative use upside
Restaurant
$1.9M
+107.1%
Medical building
$1.4M
+49.8%
Auto repair, garage
$1.2M
+33.6%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,520,000
6.5%
$1,405,000
7%
$1,305,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$910,000
Current use
RESTAURANT
$1,885,000
Change: +107% · Conversion: Moderate
MEDICAL BUILDING
$1,365,000
Change: +50% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,215,000
Change: +34% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,040,000
Change: +14% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$990,000
Change: +9% · Conversion: Difficult
RETAIL STORES
$905,000
Change: -1% · Conversion: Moderate
Blend value · Realmo final
$1.22M
Range $1.10M – $1.34M · ±10%
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
$191 / 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
$23,456
Tax year 2024
Assessed value
$819,034
Assessed 2024
Previous assessed
$450,240
+81.9% YoY
Effective rate
2.86%
On assessed value
Assessed land
$224,266
Assessed improvement
$594,768
Land market value
$560,664
Improvement market value
$1,486,920
Total market value
$2,047,584
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1998
Heating
YES
Cooling
CENTRAL
Buildings
2
Total area
6,390 SF
Lot
1.99 ac (86,684 SF)
Zoning code
PCD
APN
01-116 -002-072
UPID
US22-4667386
Jurisdiction
HALL
Zoning & alternative use
PCD · Gainesville, GAZoning PCD · permitted uses
PCD · Gainesville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
ARTICLE 9-1
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$910,000
RESTAURANT
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$990,000
RETAIL STORES
Est. value
$905,000
OFFICE BUILDING Current
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1998
Heating
YES
Cooling
Yes
Buildings
2
Lot
1.99 ac
Current owner
From public records · entity-resolved
Lllp Jekg
Entity
Mailing address
PO BOX 7275, CHESTNUT MOUNTAIN, GA 30502-0275
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2025
—
Lllp Jekg
Elise K Jackson
Deed
—
Sep 28, 2017
—
Judy Presley & Associates INC
Lanier Office Center LLC
Quit Claim Deed
related
—
—
—
Lanier Office Center LLC
—
Deed Of Trust
related
$1,402,500 · Chattahoochee Bank
—
—
Lanier Office Center LLC
—
Deed Of Trust
related
$42,257 · Chattahoochee Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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