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Property profile & analytics
OFF-MARKET
Estimated value
$675,000
Retail space
672 Lanier Park Dr Gainesville, GA 30501-2061
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US22-1236833
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1983
Construction
STEEL FRAME
Total area
3,750 SF
Lot
0.88 ac (38,333 SF)
Zoning code
H-B
APN
09-124 -000-053
UPID
US22-1236833
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
-
Milton Bowling Pharmacy
-
E. Miller Pharmacy
-
Reliant Scientific Medical Laboratory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$675k
CAP Approach
CAP
$665k
Comparable Approach
Comparable
$542k
Blend (final)
Blend
$675k
Owner & transaction history
Pawf LLC · 1 yrs held
Pawf LLC
since 2024
Last sale
$675,000
7 recorded transactions
Zoning & alternative use
H-B · Gainesville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
ARTICLE 9-1
Top alternative use upside
Medical building
$800,000
+51.1%
Auto repair, garage
$715,000
+34.8%
Commercial (general)
$610,000
+15.5%
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
$675,000
ML approach
$675,000
CAP Approach
CAP Return
Estimation
6%
$720,000
6.5%
$665,000
7%
$620,000
Alternative Use
Use
Estimation
RETAIL STORES
$530,000
Current use
MEDICAL BUILDING
$800,000
Change: +51% · Conversion: Difficult
AUTO REPAIR, GARAGE
$715,000
Change: +35% · Conversion: Difficult
COMMERCIAL (GENERAL)
$610,000
Change: +15% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$580,000
Change: +10% · Conversion: Moderate
OFFICE BUILDING
$535,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$675k
Range $608k – $743k · ±10% · vs last sale $675k (Sep 9 2024)
Last sale anchor
$675k
Sep 9 2024
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
$180 / 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
$5,296
Tax year 2024
Assessed value
$184,920
Assessed 2024
Previous assessed
$184,920
+0.0% YoY
Effective rate
2.86%
On assessed value
Assessed land
$126,240
Assessed improvement
$58,680
Land market value
$315,600
Improvement market value
$146,700
Total market value
$462,300
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1983
Construction
STEEL FRAME
Heating
YES
Cooling
CENTRAL
Rooms
75
Bathrooms
1
Total area
3,750 SF
Lot
0.88 ac (38,333 SF)
Zoning code
H-B
APN
09-124 -000-053
UPID
US22-1236833
Jurisdiction
HALL
Zoning & alternative use
H-B · Gainesville, GAZoning H-B · permitted uses
H-B · 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
RETAIL STORES Current
Est. value
$530,000
MEDICAL BUILDING
Est. value
$800,000
AUTO REPAIR, GARAGE
Est. value
$715,000
COMMERCIAL (GENERAL)
Est. value
$610,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$580,000
OFFICE BUILDING
Est. value
$535,000
RETAIL STORES Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
1983
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Rooms
75
Bathrooms
1
Lot
0.88 ac
Current owner
From public records · entity-resolved
Pawf LLC
Entity
Mailing address
672 LANIER PARK DR, GAINESVILLE, GA 30501-2061
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 9, 2024
$675,000
Pawf LLC
Southern Grace Holdings LLC
Warranty Deed
—
Jan 22, 2024
$320,000
Southern Grace Holdings LLC
E Laird Miller
Warranty Deed
$287,000 · Miller E Laird And Bowling Milton C
May 6, 2020
—
E Laird Miller
—
Deed
related
$171,708 · Peach St Bk
Aug 19, 2019
—
E Laird Miller
—
Deed
related
$144,346 · Mountain Vly Cmnty Bk
Sep 16, 2016
—
E Laird Miller
—
Deed
related
$202,730 · Mountain Valley Community Bank
Apr 17, 2012
—
E Laird Miller
—
Trustees Deed
related
$775,055 · Columbus Bank & Trust Co
—
—
E Laird Miller
—
Deed Of Trust
related
$144,346 · Mountain Vly Cmnty Bk
—
—
E Laird Miller
—
Loan Modification
related
$202,729 · Mountain Vly Cmnty Bk
—
—
E Laird Miller
—
Deed Of Trust
related
$171,708 · Peach St Bk
—
—
Milton|miller Laird Bowling
—
Loan Modification
related
$430,824 · Branch Bk&tr
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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