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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    879 Hwy 124 Braselton, GA 30517-3494

    • Warehouses
    • 24,711 SF
    • 3.20 lot acres
    OFF-MARKET
    Value Estimations
    $2,105,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-3669771
    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

    • Warehouses

    Property Details for 879 Hwy 124

    Year built
    2019
    Construction
    STEEL FRAME
    Lot size
    3.20 lot acres
    Property size
    24,711 SF
    Zone code
    MD
    Property type
    Warehouses
    APN
    BR023 004F
    APU
    BR023004F

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $3,025,000
      6.5%
      $2,790,000
      7%
      $2,590,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,450,000
      Market price range: $116k - $1.48M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $2,445,000
      Current use
      COMMERCIAL (GENERAL)
      $3,405,000
      Change: +39% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $3,235,000
      Change: +32% Conversion: Easy
      INDUSTRIAL (GENERAL)
      $2,415,000
      Change: -1% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Braselton
    County
    Barrow
    State
    Georgia
    Longitude
    -83.7999
    Latitude
    34.0981
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN 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
    2024
    $19,756
    $161,250
    $605,380
    $766,630
    -
    $403,125
    $1,513,449
    $1,916,574

    Comparable in this City

    • Value Estimation
      $4,870,000
      110,034 SF

      211 B D C Pkwy

      MINI-WAREHOUSE, STORAGE • 110,034 SF
      211 B D C Pkwy, Braselton, GA 30517-3302
      View Details
    • Value Estimation
      $4,310,000
      46,350 SF

      915 Hwy 124

      MINI-WAREHOUSE, STORAGE • 46,350 SF
      915 Hwy 124, Braselton, GA 30517-3412
      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 by Request
      2,400 SF

      5565 Duncan Crk Rd

      MINI-WAREHOUSE, STORAGE • 2,400 SF
      5565 Duncan Crk Rd, Braselton, GA 30517
      View Details
    • Value Estimation by Request
      2,592 SF

      Legend Dr

      STORAGE YARD, OPEN STORAGE • 2,592 SF
      Legend Dr, Braselton, GA 30517
      View Details
    • Value Estimation
      $885,000
      70,065 SF

      10101 Lewis Braselton Blvd

      MINI-WAREHOUSE, STORAGE • 70,065 SF
      10101 Lewis Braselton Blvd, Braselton, GA 30517
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Braselton Industrial Building For Sale

      94,500 SF industrial building in Braselton, GA, built in 1997.
      1160 Broadway Ave, Braselton, GA 30517
      View Details
    • Contact for pricing
      89,786 SF

      Industrial Property with I-85 Frontage

      89,786 SF industrial property on 7.03 acres with frontage.
      1394 Broadway Ave, Braselton, GA 30517
      View Details
    • $3,250,000
      11,191 SF

      Flex Space with Loading Docks

      Flex space suitable for showrooms, offices, and shipping.
      100 New Cut Rd, Braselton, GA 30517
      View Details
    • $2,200,000
      Pending

      Land with Development Potential

      23.65 acre land parcel in Braselton, Georgia.
      4404 Tanners Mill Rd, Braselton, GA 30517
      View Details
    • $2,000,000
      12.56 Acres

      Braselton Commercial Land Opportunity

      12.56-acre commercial property in Braselton's growth corridor.
      17 Lake Park Dr, Braselton, GA 30517
      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
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Braselton Warehouse Ready For Occupancy

      114,780 SF warehouse with 32' clear height available for lease.
      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
      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

      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

      Prime Outparcel Near Braselton Village

      1.08 AC outparcel near major developments, ground lease available.
      2095 Ga Hwy 211, 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 30517-3494
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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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