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Property profile & analytics
OFF-MARKET
Drive through restaurants
984 Athens St Gainesville, GA 30501-6937
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-4619628
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1965
Construction
STEEL FRAME
Total area
837 SF
Lot
0.43 ac (18,731 SF)
Zoning code
H-I
APN
00-032 -002-010B
UPID
US22-4619628
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
-
The Kitchen Restaurant
-
TRIPLE A WINGS TO GO Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
M Randolph Enterprises LLC · 12 yrs held
M Randolph Enterprises LLC
since 2013
6 recorded transactions
Zoning & alternative use
H-I · Gainesville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
(1) It is located in a Light Industrial (L-I) or Heavy Industrial (H-I) zoning district; or (2) It is located on the same property as a business or organization with a 501(c)(3) designation. (b) Where approved, community donation boxes shall be located flush against a building wall and shall be maintained on a regular basis in compliance with the Unified Lan…
Zone name
Heavy Industrial
General category
INDUSTRIAL
Zone area
1,403.59 ac
Source
ARTICLE 9-1
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,503
Tax year 2024
Assessed value
$52,480
Assessed 2024
Previous assessed
$52,480
+0.0% YoY
Effective rate
2.86%
On assessed value
Assessed land
$21,760
Assessed improvement
$30,720
Land market value
$54,400
Improvement market value
$76,800
Total market value
$131,200
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1965
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Total area
837 SF
Lot
0.43 ac (18,731 SF)
Zoning code
H-I
APN
00-032 -002-010B
UPID
US22-4619628
Jurisdiction
HALL
Zoning & alternative use
H-I · Gainesville, GAZoning 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
Zoning description
(1) It is located in a Light Industrial (L-I) or Heavy Industrial (H-I) zoning district; or (2) It is located on the same property as a business or organization with a 501(c)(3) designation. (b) Where approved, community donation boxes shall be located flush against a building wall and shall be maintained on a regular basis in compliance with the Unified Land Development Code and Code of Ordinances of the City of Gainesville.
Zone name
Heavy Industrial
General category
INDUSTRIAL
Zone area
1,403.59 ac
Source
ARTICLE 9-1
Building & site characteristics
From public records
Year built
1965
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Lot
0.43 ac
Current owner
From public records · entity-resolved
M Randolph Enterprises LLC
Entity
Mailing address
2880 CASCADE CT, GAINESVILLE, GA 30504-9202
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
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
Aug 12, 2016
—
M Randolph Ents LLC
—
Deed
related
$33,452 · Hamilton St Bk
Aug 15, 2013
$62,000
M Randolph Enterprises LLC
Regions Bank
Warranty Deed
$43,400 · Hamilton Bank
Apr 23, 2013
$120,000
Regions Bk
Bohannon,thomas
Trustees Deed
related
—
Feb 28, 2006
—
Thomas H Bohannon
Bailes,williams L
Grant Deed
$198,000 · Traditions Bank
—
—
Thomas Bohannon
—
Deed Of Trust
related
$186,020 · Regions Bank
—
—
M Randolph Ents LLC
—
Loan Modification
related
$33,452 · Hamilton St Bk
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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