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Property profile & analytics
OFF-MARKET
Estimated value
$11,600,000
Manufacturing properties
949 Industrial Blvd, Gainesville, GA 30501-6745
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1635775
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1985
Construction
STEEL FRAME
Total area
155,360 SF
Lot
3.76 ac (163,786 SF)
Zoning code
H-I
APN
01-051 -002-010
UPID
US22-1635775
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
-
Pilgrim's Chicken Farm Food Processing Plant
-
Pilgrim's Pride Corporation Food Processing Plant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$14.32M
Comparable Approach
Comparable
$12.11M
Blend (final)
Blend
$11.60M
Owner & transaction history
Centrale Raiffeisen Boer Cooperatieve · 1 yrs held
Centrale Raiffeisen Boer Cooperatieve
since 2024
6 recorded transactions
Zoning & alternative use
H-I · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$15,510,000
6.5%
$14,315,000
7%
$13,290,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$12,365,000
Current use
Blend value · Realmo final
$11.60M
Range $10.44M – $12.76M · ±10%
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
$75 / 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
$107,827
Tax year 2024
Assessed value
$3,765,120
Assessed 2024
Previous assessed
$3,722,800
+1.1% YoY
Effective rate
2.86%
On assessed value
Assessed land
$211,600
Assessed improvement
$3,553,520
Land market value
$529,000
Improvement market value
$8,883,800
Total market value
$9,412,800
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1985
Construction
STEEL FRAME
Heating
RADIANT
Buildings
2
Rooms
30
Bathrooms
2
Total area
155,360 SF
Lot
3.76 ac (163,786 SF)
Zoning code
H-I
APN
01-051 -002-010
UPID
US22-1635775
Jurisdiction
HALL
Zoning & alternative use
H-I · Gainesville, GA
Zoning H-I · permitted uses
H-I · 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
INDUSTRIAL (GENERAL) Current
Est. value
$12.4M
INDUSTRIAL (GENERAL) Current
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
1985
Construction
STEEL FRAME
Heating
RADIANT
Buildings
2
Rooms
30
Bathrooms
2
Lot
3.76 ac
Current owner
From public records · entity-resolved
Centrale Raiffeisen Boer Cooperatieve
Individual
Free & Clear · 1 yrs held
Mailing address
809 DAVIS ST, GAINESVILLE, GA 30501
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 22, 2024
—
Centrale Raiffeisen Boer Cooperatieve
Pilgrims Pride Corporation
Quit Claim Deed
related
—
Mar 8, 2024
—
Nederland Raboan
Nederland Raboan
Quit Claim Deed
related
—
Jan 2, 2019
—
Pilgrims Pride Corp
—
Loan Modification
related
$1,250,000,000 · Cobank
Sep 19, 2017
—
Pilgrims Pride Corp
—
Loan Modification
related
$1,550,000,000 · Cooperatieve Rabobank Ua Ny Br
—
—
Pilgrims Pride Corp
—
Loan Modification
related
$1,700,000,000 · Cooperatieve Centrale Raiffeis
—
—
Pilgrims Pride Corp
—
Deed Of Trust
related
$1,750,000,000 · Cobank
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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