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Property profile & analytics
OFF-MARKET
Estimated value
$4,990,000
Strip malls
944 Dawsonville Hwy Gainesville, GA 30501-2619
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1028129
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1999
Total area
25,339 SF
Lot
2.89 ac (125,888 SF)
Zoning code
H-B
APN
01-116 -001-001
UPID
US22-1028129
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
-
First Watch Restaurant
-
Atlanta Bread Gainesville Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.58M
CAP Approach
CAP
$5.68M
Comparable Approach
Comparable
$4.44M
Blend (final)
Blend
$4.99M
Owner & transaction history
Scg Gainesville Plaza LLC · 1 yrs held
Scg Gainesville Plaza LLC
since 2025
Last sale
$5.4M
3 recorded transactions
Zoning & alternative use
H-B · Gainesville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.5M
+90.6%
Medical building
$5.4M
+37.9%
Auto repair, garage
$4.8M
+22.9%
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
$4,435,000
ML approach
$4,580,000
CAP Approach
CAP Return
Estimation
6%
$6,155,000
6.5%
$5,680,000
7%
$5,275,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$3,925,000
Current use
RESTAURANT
$7,480,000
Change: +91% · Conversion: Difficult
MEDICAL BUILDING
$5,410,000
Change: +38% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,825,000
Change: +23% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,135,000
Change: +5% · Conversion: Easy
OFFICE BUILDING
$3,615,000
Change: -8% · Conversion: Moderate
RETAIL STORES
$3,580,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$4.99M
Range $4.49M – $5.49M · ±10% · vs last sale $5.40M (Jul 15 2021)
Last sale anchor
$5.40M
Jul 15 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
$197 / 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
$54,144
Tax year 2024
Assessed value
$1,562,480
Assessed 2024
Previous assessed
$1,562,704
0.0% YoY
Effective rate
3.47%
On assessed value
Assessed land
$531,080
Assessed improvement
$1,031,400
Land market value
$1,327,700
Improvement market value
$2,578,500
Total market value
$3,906,200
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1999
Heating
YES
Cooling
CENTRAL
Total area
25,339 SF
Lot
2.89 ac (125,888 SF)
Zoning code
H-B
APN
01-116 -001-001
UPID
US22-1028129
Jurisdiction
HALL
Zoning & alternative use
H-B · Gainesville, GA
Zoning 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
Gainesville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$3.9M
RESTAURANT
Est. value
$7.5M
MEDICAL BUILDING
Est. value
$5.4M
AUTO REPAIR, GARAGE
Est. value
$4.8M
COMMERCIAL (GENERAL)
Est. value
$4.1M
OFFICE BUILDING
Est. value
$3.6M
RETAIL STORES
Est. value
$3.6M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1999
Heating
YES
Cooling
Yes
Lot
2.89 ac
Current owner
From public records · entity-resolved
Scg Gainesville Plaza LLC
Entity
Mailing address
23RD SHELTER CV LN STE #202, HILTON HEAD ISLAND, SC 29928-3586
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2025
—
Scg Gainesville Plaza LLC
First Horizon Bank
Quitclaim Deed
related
$29,727 · Delta Community Credit Union
Jul 15, 2021
$5,400,000
Scg Gainesville Plaza LLC
Regions Plaza LLC
Warranty Deed
$22,350,000 · First Horizon
—
—
Regions Plaza LLC
—
Deed Of Trust
related
$2,500,000 · Standard Insurance Co
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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