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Property profile & analytics
OFF-MARKET
Retail space
102 3rd Ave Chatsworth, GA 30705-2942
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-3740442
Property summary
AI-generated overview
This exceptional 2,250-square-foot commercial building, located at 102 N 3rd Avenue in the heart of downtown Chatsworth, Georgia, presents a unique leasing opportunity. Situated directly on Main Street, this single-tenant property boasts high visibility and foot traffic, ensuring maximum exposure for your business. Built in 1931, this one-story building is zoned for commercial use and offers a versatile floor plan adaptable to a variety of uses, including retail, office space, or other commercial ventures. The property's prime location offers easy access to local amenities and other businesses, enhancing its appeal and convenience. The spacious layout allows for customization to suit your specific business needs. This is an ideal location for businesses seeking a high-traffic, highly visible presence in the thriving downtown Chatsworth area. The property's APN is 0067A 039. This is a single-tenant space within a single building. Don't miss this chance to secure a prominent commercial space in a vibrant downtown setting.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1931
Total area
4,500 SF
Lot
0.11 ac (4,792 SF)
Zoning code
CH
APN
0067A 039
UPID
US22-3740442
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Blc Developments LLC · 2 yrs held
Blc Developments LLC
since 2024
Last sale
$250,000
3 recorded transactions
Zoning & alternative use
CH · Chatsworth, 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 Chatsworth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chatsworth 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
$780
Tax year 2024
Assessed value
$33,160
Assessed 2024
Previous assessed
$38,920
-14.8% YoY
Effective rate
2.35%
On assessed value
Assessed land
$6,000
Assessed improvement
$27,160
Land market value
$15,000
Improvement market value
$67,900
Total market value
$82,900
Applied tax rate
2.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1931
Heating
CENTRAL
Cooling
CENTRAL
Total area
4,500 SF
Lot
0.11 ac (4,792 SF)
Zoning code
CH
APN
0067A 039
UPID
US22-3740442
Jurisdiction
MURRAY
Zoning & alternative use
CH · Chatsworth, GAZoning CH · permitted uses
CH · Chatsworth, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1931
Heating
CENTRAL
Cooling
Yes
Lot
0.11 ac
Current owner
From public records · entity-resolved
Blc Developments LLC
Entity
Mailing address
102 N 3RD AVE, CHATSWORTH, GA 30705-2942
Mailing matches property
Yes
Owner-occupied
Yes
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2024
$250,000
Blc Developments LLC
Laura Vining Orr
Warranty Deed
$250,000 · Builtwell Bank
Dec 8, 2022
—
Laura Vining Orr
Mark S Orr
Warranty Deed
related
—
Apr 5, 2007
—
Martha S Vining
Vining,martha S
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.
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