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Property profile & analytics
OFF-MARKET
Estimated value
$1,400,000
Drug stores
102 2nd St, Cochran, GA 31014-6805
Entity Owned
3-yr Hold
Free & Clear
Property ID
US22-3815151
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2008
Construction
CONCRETE
Total area
13,774 SF
Lot
1.43 ac (62,291 SF)
Zoning code
COMMERCIAL
APN
A14 252
UPID
US22-3815151
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.40M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.24M
Blend (final)
Blend
$1.40M
Owner & transaction history
Remington Dg LLC · 3 yrs held
Remington Dg LLC
since 2022
Last sale
$1.4M
4 recorded transactions
Zoning & alternative use
COMMERCIAL · Cochran, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.4M
+58.1%
Auto repair, garage
$1.4M
+52.0%
Warehouse, storage
$1.3M
+39.9%
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 Cochran submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cochran 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
$1,390,000
ML approach
$1,395,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$895,000
Current use
COMMERCIAL (GENERAL)
$1,415,000
Change: +58% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,360,000
Change: +52% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,250,000
Change: +40% · Conversion: Difficult
Blend value · Realmo final
$1.40M
Range $1.26M – $1.54M · ±10% · vs last sale $1.41M (Oct 19 2022)
Last sale anchor
$1.41M
Oct 19 2022
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
$102 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$18,457
Tax year 2023
Assessed value
$451,720
Assessed 2023
Previous assessed
$451,720
+0.0% YoY
Effective rate
4.09%
On assessed value
Assessed land
$21,320
Assessed improvement
$430,400
Land market value
$53,300
Improvement market value
$1,076,000
Total market value
$1,129,300
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2008
Construction
CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
13,774 SF
Lot
1.43 ac (62,291 SF)
Zoning code
COMMERCIAL
APN
A14 252
UPID
US22-3815151
Jurisdiction
BLECKLEY
Zoning & alternative use
COMMERCIAL · Cochran, GA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Cochran, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cochran. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$895,000
COMMERCIAL (GENERAL)
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.4M
WAREHOUSE, STORAGE
Est. value
$1.3M
RETAIL STORES Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
2008
Construction
CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.43 ac
Current owner
From public records · entity-resolved
Remington Dg LLC
Entity
Free & Clear · 3 yrs held
Mailing address
631 US HWY 1ST STE #300, NORTH PALM BEACH, FL 33408-4620
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2022
$1,408,000
Remington Dg LLC
North Fork Holdings LLC
Warranty Deed
—
Dec 23, 2021
$1,353,846
North Fork Holdings LLC
Waltrust Properties INC
Limited Warranty Deed
$1,083,076 · Legacy Bank And Trust
Mar 10, 2009
$3,750,000
Waltrust Propeties INC
Mtw Cochran LP
Deed
—
Aug 15, 2007
—
Ho Co Ga Lands LLC
City Of Cochran
Deed
—
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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