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Property profile & analytics
OFF-MARKET
Commercial real estate
1038 Ga Hwy 57 Townsend, GA 31331-8124
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US22-3594656
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1985
Construction
CONCRETE
Total area
3,801 SF
Lot
0.35 ac (15,246 SF)
Zoning code
COMMERCIAL
APN
0048-C-0007
UPID
US22-3594656
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
Carla Maes Real Estate LLC · 1 yrs held
Carla Maes Real Estate LLC
since 2025
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Townsend, 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 Townsend submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Townsend 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
$1,754
Tax year 2023
Assessed value
$63,000
Assessed 2023
Previous assessed
$67,120
-6.1% YoY
Effective rate
2.78%
On assessed value
Assessed land
$10,480
Assessed improvement
$52,520
Land market value
$26,200
Improvement market value
$131,300
Total market value
$157,500
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1985
Construction
CONCRETE
Cooling
CENTRAL
Total area
3,801 SF
Lot
0.35 ac (15,246 SF)
Zoning code
COMMERCIAL
APN
0048-C-0007
UPID
US22-3594656
Jurisdiction
MCINTOSH
Zoning & alternative use
COMMERCIAL · Townsend, GA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Townsend, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Townsend. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Construction
CONCRETE
Cooling
Yes
Lot
0.35 ac
Current owner
From public records · entity-resolved
Carla Maes Real Estate LLC
Entity
Mailing address
1038 GA HWY 57, TOWNSEND, GA 31331-8124
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2025
$225,000
Carla Maes Real Estate LLC
Altmans Restaurant Real Estate Hold
Warranty Deed
$230,000 · Southeastern Bank
Aug 7, 2023
—
Altmans Restaurant Real Estate
—
Deed
related
$72,451 · Southeastern Bank
Mar 9, 2021
—
Altmans Restaurant Real Estate
—
Deed
related
$68,000 · Southeastern Bank
Feb 25, 2021
—
Altmans Restaurant Real Estate Hold
Joanna J Hall
Warranty Deed
—
Sep 19, 2019
—
Joanna J Hall
Johnny Edward Hall
Warranty Deed
related
—
Jun 9, 2010
$100,000
Johnny E Hall JR
Britton C Altman
Deed
—
Jul 21, 2009
—
Britton C Altman
Daniel J Poole
Deed In Lieu Of Foreclosure
related
—
Mar 19, 2009
—
Britton C Altman
Michael Eric Grissino
Deed In Lieu Of Foreclosure
related
—
Sep 26, 2008
$275,000
Daniel Poole
Britton Altman
Deed
—
Jul 31, 2006
$365,000
Michael Eric Grissino
Britton C Altman
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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