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Property profile & analytics
OFF-MARKET
Auto shops
7990 Milford Rd Gainesville, GA 30506
Individually Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1631334
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1987
Total area
2,500 SF
Lot
1.02 ac (44,431 SF)
Zoning code
CBD
APN
303 033
UPID
US22-1631334
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Larry D Waters · 7 yrs held
Larry D Waters
since 2019
7 recorded transactions
Zoning & alternative use
CBD · Gainesville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,881
Tax year 2024
Assessed value
$117,480
Assessed 2024
Previous assessed
$122,416
-4.0% YoY
Effective rate
2.45%
On assessed value
Assessed land
$97,920
Assessed improvement
$19,560
Land market value
$244,800
Improvement market value
$48,900
Total market value
$293,700
Applied tax rate
1.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1987
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
0
Total area
2,500 SF
Lot
1.02 ac (44,431 SF)
Zoning code
CBD
APN
303 033
UPID
US22-1631334
Jurisdiction
FORSYTH
Zoning & alternative use
CBD · Gainesville, GA
Zoning CBD · permitted uses
CBD · Gainesville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gainesville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1987
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
0
Lot
1.02 ac
Current owner
From public records · entity-resolved
Larry D Waters
Individual
Free & Clear · 7 yrs held
Mailing address
7765 WALDRIP RD, GAINESVILLE, GA 30506-5767
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 8, 2019
—
Larry D Waters
Waters,larry D & Donna K
Quit Claim Deed
related
—
Aug 27, 2018
—
Larry D Waters
—
Deed
related
$17,327 · Foothills Cmnty Bk
Jun 5, 2012
—
Waters,larry D
—
Trustees Deed
related
$150,586 · First Citizens Bk/sc
—
—
Larry D Waters
—
Deed Of Trust
related
$150,890 · First Citizens Bank
—
—
Larry D Waters
—
Loan Modification
related
$30,277 · First Citizens Bank
—
—
Larry D Waters
—
Loan Modification
related
$30,295 · Foothills Cmnty Bk
—
—
Larry D Waters
—
Loan Modification
related
$127,215 · Foothills Cmnty Bk
—
—
Larry D Waters
—
Loan Modification
related
$17,327 · Foothills Cmnty Bk
—
—
Larry D Waters
—
Loan Modification
related
$32,789 · Foothills Cmnty 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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