Financial
Distress signals
Property profile

323 E Solomon St Griffin, GA 30223

FOR SALE
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Property ID
US22-0919346
18,459 SF 1.26 ac lot Built 1948
Last sale May 2022 · $500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The Parc at Solomon multifamily development at 323 E Solomon Street in Griffin, Georgia is designed to include two planned commercial suites within a mixed-use setting. The suites have areas of approximately 877 square feet and 1,383 square feet, allowing for separate occupancy. The space is intended to support a range of commercial uses, including retail, office, medical, professional services, and specialty businesses.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$135k
Assessed land$66k
Assessed improvement$68k

Value estimate

· Sep 2026
$500k
$450k – $550k
AI approach$500k
NOI build-up
Gross scheduled income$1.88M
Vacancy & credit loss−$226k
Operating expenses−$620k
NOI · 10,337,180.00% cap applied$1.03M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$58/SF
Submarket average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$34 – $86

Cap rate analysis

How does the asset earn?
10,337,180.00%
$1.03M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CBD
It shall be the intent of this zoning district to promote and encourage the development and protect the viability of the downtown commerc...
General categoryCIVIC_INSTITUTIONAL
JurisdictionSPALDING

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand index
Wholesale Shop13.8
Kitchen & Bath13.5
HVAC Service12.1

Location

323 E Solomon St Griffin, GA 30223
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
430 Melrose, Griffin, GA 30223-2029 $1,555,000 Aug 2024 23,160 SF
930 Harlow, Griffin, GA 30223-4433 $875,000 Jan 2024 18,232 SF
1721 Georgia Hwy 16th W, Griffin, GA 30223-7108 $1,250,000 Nov 2023 12,800 SF
999 Hl, Griffin, GA 30223-1909 $3,738,661 Mar 2022 15,800 SF
1400 Bowling, Griffin, GA 30223-9011 $517,000 Nov 2021 21,294 SF
755 High Fls, Griffin, GA 30223-3889 $160,000 Feb 2020 19,200 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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