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Property profile

1020 Tanger Dr Locust Grove, GA 30248

OFF-MARKET
Turn key restaurants
Property ID
US22-1133555
2,880 SF 0.89 ac lot Built 1999
Last sale May 2019 · $1,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a restaurant building totaling 3,504 square feet, constructed in 1994, historically configured as a Denny’s. It is located at 1020 Tanger Drive in Locust Grove, Georgia. The site is associated with a long-term absolute NNN lease structure, featuring scheduled rent step-ups of 10% every five years and at the start of each of three subsequent five-year option periods, and includes a tenant guarantee backed by 15 units. The tenant operating the Denny’s concept is RREMC Restaurants, which operates 39 Denny’s locations across Florida, Georgia, and Virginia.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$9k
Tax billed · 2024
Assessed value$270k
Assessed land$154k
Assessed improvement$115k
Effective rate3.47%

Value estimate

· Nov 2026
$240k
$216k – $264k
AI approach$240k

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$608/SF
County average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$236 – $946
Qualifying comparables13

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C1
JurisdictionHENRY

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply9.7
HVAC Service9.5
Tailor Shop8.8

Location

1020 Tanger Dr Locust Grove, GA 30248-3637
County assessor Recorded deeds · 2 transfers 13 qualifying comp sales 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 · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2678 Hwy 42nd S, Locust Grove, GA 30248-2519 $1,910,000 Jan 2025 1,981 SF
3796 Hwy 42nd S, Locust Grove, GA 30248-3632 $1,257,000 Jun 2024 3,645 SF
5080 Bill Gardner, Locust Grove, GA 30248-3645 $1,335,000 Aug 2023 2,800 SF
701 Market, Locust Grove, GA 30248-3754 $2,820,000 Aug 2021 3,626 SF
751 Jackson, Locust Grove, GA 30248-4136 $430,000 Oct 2020 3,344 SF
2632 Hwy 155, Locust Grove, GA 30248-2400 $1,725,000 Jan 2019 3,956 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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