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    Property profile & analytics

    943 Gainesville Hwy Buford, GA 30518

    • Manufacturing properties
    • 213,532 SF
    • 44.32 lot acres
    For Lease
    View listing
    Last Sale
    Oct 21, 2020
    $59,250,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-2214648
    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

    • ADD USA Inc / Warehouse & Storage
    • Hardware Specialties Inc / Big Box & Wholesale Store / Construction Company
    • Thermacell / Warehouse & Storage
    • Alfrex, Inc / Corporate Office
    • Davis Delivery Service / Trucking Company

    Property Details for 943 Gainesville Hwy

    Year built
    2018
    Lot size
    44.32 lot acres
    Property size
    213,532 SF
    Zone code
    M-I
    Property type
    Manufacturing properties
    APN
    08-158 -001-014
    APU
    8158001014

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $45,221,000
      Market price range: $20.6M - $45.2M
      AI Estimate
      $36,176,000
      Market price range: $7.94M - $36.2M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $29,605,000
      Current use
      COMMERCIAL (GENERAL)
      $59,665,000
      Change: +102% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $44,635,000
      Change: +51% Conversion: Easy
      MEDICAL BUILDING
      $42,490,000
      Change: +44% Conversion: Difficult
      OFFICE BUILDING
      $34,225,000
      Change: +16% Conversion: Difficult
      WAREHOUSE, STORAGE
      $33,635,000
      Change: +14% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $33,075,000
      Change: +12% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Buford
    County
    Hall
    State
    Georgia
    Longitude
    -83.9589
    Latitude
    34.1479
    CBSA code
    23580
    CBSA name
    GAINESVILLE, 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
    $593,586
    $2,702,800
    $28,045,640
    $30,748,440
    -
    $6,757,000
    $70,114,100
    $76,871,100

    Comparable in this City

    • Value Estimation
      $15,835,000
      164,704 SF

      3061 Verona Ave

      MANUFACTURING (LIGHT) • 164,704 SF
      3061 Verona Ave, Buford, GA 30518-3572
      View Details
    • Value Estimation
      $12,265,000
      125,400 SF

      4961 Golden Pkwy

      MANUFACTURING (LIGHT) • 125,400 SF
      4961 Golden Pkwy, Buford, GA 30518-9062
      View Details
    • Value Estimation
      $770,000
      10,000 SF

      5049 Bristol Industrial Way

      MANUFACTURING (LIGHT) • 10,000 SF
      5049 Bristol Industrial Way, Buford, GA 30518-1773
      View Details
    • Value Estimation
      $705,000
      9,000 SF

      5096 Bristol Industrial Way

      MANUFACTURING (LIGHT) • 9,000 SF
      5096 Bristol Industrial Way, Buford, GA 30518-1743
      View Details
    • Value Estimation
      $2,650,000
      13,590 SF

      5095 Bristol Industrial Way

      MANUFACTURING (LIGHT) • 13,590 SF
      5095 Bristol Industrial Way, Buford, GA 30518-1773
      View Details
    • Value Estimation by Request
      3,564 SF

      5209 Palmero Ct

      MANUFACTURING (LIGHT) • 3,564 SF
      5209 Palmero Ct, Buford, GA 30518-5871
      View Details

    Similar Nearby for Sale

    • $425,600
      1,120 SF

      Buford Warehouse: $425,600

      Modern Warehouse, 1,512 sq ft, Buford, GA
      4365 Lee St, Buford, GA 30518
      View Details
    • $425,600
      1,120 SF

      Buford Warehouse: $425,600

      Light Industrial Warehouse, 1,512 sqft
      4365 Lee St, Buford, GA 30518
      View Details
    • $266,200
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      Storage Caves For Sale

      Storage units under construction near Lake Lanier, completion Q4 2025.
      6034 Lanier Islands Pkwy, Buford, GA 30518
      View Details
    • Contact for pricing
      5,000 SF

      New Warehouse Condominium Units

      Newly constructed warehouse condominium units for sale in Sugar Hill.
      4810 Wages Way, Sugar Hill, GA 30518
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    • Contact for pricing
      1,200 SF

      Customizable Warehouse Space For Sale

      Customizable warehouse space suitable for business, storage, or recreational use.
      4365 S Lee St, Buford, GA 30518
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    • Contact for pricing
      1,250 SF

      Customizable Warehouse Space For Sale

      Customizable warehouse space with HVAC, power, and security.
      4365 S Lee St, Buford, GA 30518
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Customizable Warehouse Space Available

      Customizable warehouse spaces with standard amenities for rent.
      4365 South Lee St Bldg B, Buford, GA 30518
      View Details
    • Contact for pricing
      686,400 SF

      Buford Warehouse Space For Lease

      686,400 SF warehouse space available in Q3 2026.
      Big Creek Rd, Buford, GA 30518
      View Details
    • Contact for pricing

      Buford Flex Space Available

      Multi-tenant flex space located near I-985 in Buford, GA.
      1046 Parkway Ct, Buford, GA 30518
      View Details
    • $10 SF/Yr

      Buford Highway Flex Warehouse Suites

      Two office/flex warehouse suites available for lease in Buford, GA.
      1839 Buford Hwy Northeast, Buford, GA 30518
      View Details
    • Contact for pricing

      Buford Warehouse Space Available

      16,000 SF warehouse suite for lease in Buford, GA.
      4555 Atwater Ct, Buford, GA 30518
      View Details
    • Contact for pricing

      Buford Commercial Spaces for Lease

      Commercial spaces available for lease in Buford, Georgia.
      2390 Satellite Blvd, Buford, GA 30518
      View Details
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    Buford, GA 30518
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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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