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    Property profile & analytics

    650 Broadway Ave Braselton, GA 30517-3002

    • Distribution centers
    • 613,440 SF
    • 50.00 lot acres
    OFF-MARKET
    Last Sale
    Sep 23, 2024
    $50,000,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-2709591
    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

    • MGE1, Amazon Fulfillment Center / Warehouse & Storage
    • Naiben direct / Clothing Store
    • Racetrack / Gas Station
    • Amazon Fulfillment Center / Warehouse & Storage
    • Fed Ex Ground Distribution / Shipping Company / Freight Service

    Property Details for 650 Broadway Ave

    Year built
    2015
    Construction
    WOOD FRAME
    Lot size
    50.00 lot acres
    Property size
    613,440 SF
    Zone code
    3
    Property type
    Distribution centers
    APN
    119 004U
    APU
    119004U

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      Off market

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $68,546,000
      Market price range: $29.4M - $71.4M
      AI Estimate
      $36,541,000
      Market price range: $2.89M - $36.6M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $47,180,000
      Current use
      RETAIL STORES
      $67,760,000
      Change: +44% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $54,960,000
      Change: +16% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Braselton
    County
    Jackson
    State
    Georgia
    Longitude
    -83.7744
    Latitude
    34.1075
    CBSA code
    27600
    CBSA name
    JEFFERSON, GA MICROPOLITAN 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
    $618,882
    $4,234,000
    $15,079,520
    $19,313,520
    -
    $10,585,000
    $37,698,800
    $48,283,800

    Comparable in this City

    • Value Estimation
      $7,275,000
      1,120,106 SF

      633 Braselton Pkwy

      DISTRIBUTION WAREHOUSE • 1,120,106 SF
      633 Braselton Pkwy, Braselton, GA 30517-5317
      View Details
    • Value Estimation
      $27,815,000
      446,439 SF

      1001 Cherry Dr

      DISTRIBUTION WAREHOUSE • 446,439 SF
      1001 Cherry Dr, Braselton, GA 30517-3006
      View Details
    • Value Estimation by Request
      510,720 SF

      1380 Jesse Cronic Rd

      DISTRIBUTION WAREHOUSE • 510,720 SF
      1380 Jesse Cronic Rd, Braselton, GA 30517-2602
      View Details
    • Value Estimation by Request
      427,658 SF

      85 Broadway Ave

      Distribution properties • 427,658 SF
      85 Broadway Ave, Braselton, GA 30517
      View Details
    • Value Estimation
      $5,520,000
      131,875 SF

      331 Braselton Pkwy

      DISTRIBUTION WAREHOUSE • 131,875 SF
      331 Braselton Pkwy, Braselton, GA 30517-5340
      View Details
    • Value Estimation
      $27,905,000
      500,500 SF

      753 Broadway Ave

      DISTRIBUTION WAREHOUSE • 500,500 SF
      753 Broadway Ave, Braselton, GA 30517-3013
      View Details

    Similar Nearby for Sale

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      89,786 SF

      Braselton Flex Space: Prime Location

      89,786 SF Flex Space, I-85 Frontage
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    • $3,250,000
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      Flex Space with Loading Docks

      Flex space suitable for showrooms, offices, and shipping.
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      Braselton Industrial Building For Sale

      94,500 SF industrial building in Braselton, GA, built in 1997.
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      View Details
    • $4,700,000
      3.47 Acres

      Commercial Land in Braselton, GA

      3.47 ac commercial corner lot near I-85.
      Highway 53, Braselton, GA 30517
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    • $2,000,000
      12.56 Acres

      Braselton Commercial Land Opportunity

      12.56-acre commercial property in Braselton's growth corridor.
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    Similar Nearby for Lease

    • Contact for pricing
      427,658 SF

      Braselton 85: Modern Industrial Space

      Two warehouse buildings, 427,658 SF total.
      85 Broadway Ave, Braselton, GA 30517
      View Details
    • Contact for pricing
      114,780 SF

      Braselton Warehouse Ready For Occupancy

      114,780 SF warehouse available for rent in Braselton, GA.
      11425 Lewis Braselton Blvd, Braselton, GA 30517
      View Details
    • Contact for pricing
      222,618 SF

      Braselton Industrial Space for Lease

      Industrial space available for lease in Braselton, Georgia.
      984 Broadway Ave, Braselton, GA 30517
      View Details
    • Contact for pricing

      Braselton Warehouse Ready For Occupancy

      114,780 SF warehouse with 32' clear height available for lease.
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      View Details
    • Contact for pricing

      Future Professional/Medical Office Space

      Future office space available for single or multi-tenant occupancy.
      2615 Old Winder Hwy, Braselton, GA 30517
      View Details
    • Contact for pricing
      44,271 SF

      Retail Space Near Chateau Elan

      Retail space with high visibility near Chateau Elan Winery.
      2095 Highway 211 NW, Braselton, GA 30517
      View Details
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    Braselton, GA 30517-3002
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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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