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Property profile & analytics
FOR LEASE
Strip malls
101 New Franklin Rd, Lagrange, GA 30240
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US22-1345030
For Lease
1 / 20
$1,250/Mo
101 New Franklin Rd, Lagrange, GA 30240
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1984
Total area
4,230 SF
Lot
0.93 ac (40,511 SF)
Zoning code
16- CR-MX
APN
0614A001006
UPID
US22-1345030
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
-
Michelle Cornett: Allstate Insurance Insurance Agency
-
Allstate Insurance Agency
-
Kaley Hebert, Southern Classic Realtors Real Estate Agency
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Carmella Larkins: Allstate Insurance Insurance Agency
-
Debra Moses, Signature Property Group Real Estate Agency
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
Cr Retail Group LLC · 6 yrs held
Cr Retail Group LLC
since 2020
Last sale
$300,000
2 recorded transactions
Zoning & alternative use
16- CR-MX · Lagrange, 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 Lagrange submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lagrange 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 2023Property tax & assessments
Tax year 2023
Tax billed
$3,880
Tax year 2023
Assessed value
$142,280
Assessed 2023
Previous assessed
$1,400
+10,062.9% YoY
Effective rate
2.73%
On assessed value
Assessed land
$19,280
Assessed improvement
$123,000
Land market value
$48,200
Improvement market value
$307,500
Total market value
$355,700
Applied tax rate
16.0000
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
For Lease
Year built
1984
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
6
Total area
4,230 SF
Lot
0.93 ac (40,511 SF)
Zoning code
16- CR-MX
APN
0614A001006
UPID
US22-1345030
Jurisdiction
TROUP
Zoning & alternative use
16- CR-MX · Lagrange, GA
Zoning 16- CR-MX · permitted uses
16- CR-MX · Lagrange, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lagrange. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
6
Lot
0.93 ac
Current owner
From public records · entity-resolved
Cr Retail Group LLC
Entity
Mailing address
PO BOX 1229, PINE MOUNTAIN, GA 31822-1229
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 11, 2020
$300,000
Cr Retail Group LLC
Ridley Point LLC
Warranty Deed
$300,000 · Ripley Wilbert H L/tr (lt)
Jul 25, 2016
—
Ridley Pointe LLC
Meadors,jason L
Quit Claim Deed
related
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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