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Property profile & analytics
OFF-MARKET
Estimated value
$2,310,000
Strip malls
922 Gainesville Hwy Buford, GA 30518-1642
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0303129
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2003
Total area
15,600 SF
Lot
1.57 ac (68,389 SF)
Zoning code
C-II
APN
08-169 -003-076
UPID
US22-0303129
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
-
Allstate Insurance: Noble Insurance Services Insurance Agency
-
Bell Agency: Allstate Insurance Insurance Agency
-
Fit Frenzy Studios Gym & Fitness Center
-
Barrett's Baked Goods Bakery Specialty Food Shop
-
FBC Mortgage, LLC Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.38M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.48M
Blend (final)
Blend
$2.31M
Owner & transaction history
Gordon Hotel LLC · 5 yrs held
Gordon Hotel LLC
since 2021
Last sale
$2.2M
5 recorded transactions
Zoning & alternative use
C-II · Buford, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.3M
+35.0%
Medical building
$3.1M
+28.5%
Office building
$2.5M
+3.5%
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 Buford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Buford 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
$2,400,000
ML approach
$2,380,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,415,000
Current use
AUTO REPAIR, GARAGE
$3,260,000
Change: +35% · Conversion: Difficult
MEDICAL BUILDING
$3,105,000
Change: +28% · Conversion: Difficult
OFFICE BUILDING
$2,500,000
Change: +3% · Conversion: Moderate
WAREHOUSE, STORAGE
$2,455,000
Change: +2% · Conversion: Difficult
RETAIL STORES
$2,395,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$2.31M
Range $2.08M – $2.54M · ±10% · vs last sale $2.15M (May 25 2021)
Last sale anchor
$2.15M
May 25 2021
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
$148 / 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
$17,880
Tax year 2024
Assessed value
$806,920
Assessed 2024
Previous assessed
$807,720
-0.1% YoY
Effective rate
2.22%
On assessed value
Assessed land
$287,200
Assessed improvement
$519,720
Land market value
$718,000
Improvement market value
$1,299,300
Total market value
$2,017,300
Applied tax rate
8.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2003
Heating
YES
Cooling
CENTRAL
Total area
15,600 SF
Lot
1.57 ac (68,389 SF)
Zoning code
C-II
APN
08-169 -003-076
UPID
US22-0303129
Jurisdiction
HALL
Zoning & alternative use
C-II · Buford, GA
Zoning C-II · permitted uses
C-II · Buford, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Buford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$3.3M
MEDICAL BUILDING
Est. value
$3.1M
OFFICE BUILDING
Est. value
$2.5M
WAREHOUSE, STORAGE
Est. value
$2.5M
RETAIL STORES
Est. value
$2.4M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
WAREHOUSE, STORAGE
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
2003
Heating
YES
Cooling
Yes
Lot
1.57 ac
Current owner
From public records · entity-resolved
Gordon Hotel LLC
Entity
Free & Clear · 5 yrs held
Mailing address
2041 KINDERTON MNR DR, DULUTH, GA 30097-5968
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 25, 2021
$2,150,000
Gordon Hotel LLC
Elvin & Virginia Thigpen Family LLC
Limited Warranty Deed
—
Feb 5, 2020
—
Elvin & Virginia Thigpen Fam L
Elvin Fam
Quit Claim Deed
related
—
Mar 21, 2018
—
Elvin & Virginia Thigpen Famil
Metal Building Const INC
Quit Claim Deed
related
—
Feb 28, 2006
$2,350,000
Building Construction In Metal
922 Buford Highway LLC
Grant Deed
—
Feb 28, 2006
—
Metal Funding Construction INC
Metal Building Constructio
Quit Claim Deed
related
—
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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