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Property profile & analytics
OFF-MARKET
Drive through restaurants
104 16th Ave Cordele, GA 31015-1657
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US22-3669156
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1980
Construction
STEEL FRAME
Total area
2,475 SF
Lot
0.34 ac (14,810 SF)
Zoning code
CBD
APN
C12-136
UPID
US22-3669156
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
-
Cordele Appliance Repair Home Appliance Store
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
Paul Yoon Juwon · 6 yrs held
Paul Yoon Juwon
since 2020
Last sale
$115,000
2 recorded transactions
Zoning & alternative use
CBD · Cordele, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Central Business District is established in order to recognize and protect the present business and commercial uses serving the whole city; to encourage development of this district as the shopping and business center of the City of Cordele and the surrounding trade area; and to encourage full utilization of existing structures by allowing mixed land use…
Zone name
Central Business District
General category
COMMERCIAL
Zone area
63.35 ac
Source
Realmo
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 Cordele submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cordele 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
$5,643
Tax year 2023
Assessed value
$150,521
Assessed 2023
Previous assessed
$150,521
+0.0% YoY
Effective rate
3.75%
On assessed value
Assessed land
$86,400
Assessed improvement
$64,121
Land market value
$216,000
Improvement market value
$160,302
Total market value
$376,302
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1980
Construction
STEEL FRAME
Heating
FORCED AIR
Total area
2,475 SF
Lot
0.34 ac (14,810 SF)
Zoning code
CBD
APN
C12-136
UPID
US22-3669156
Jurisdiction
CRISP
Zoning & alternative use
CBD · Cordele, GAZoning CBD · permitted uses
CBD · Cordele, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Central Business District is established in order to recognize and protect the present business and commercial uses serving the whole city; to encourage development of this district as the shopping and business center of the City of Cordele and the surrounding trade area; and to encourage full utilization of existing structures by allowing mixed land uses and shared parking facilities
Zone name
Central Business District
General category
COMMERCIAL
Zone area
63.35 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1980
Construction
STEEL FRAME
Heating
FORCED AIR
Lot
0.34 ac
Current owner
From public records · entity-resolved
Paul Yoon Juwon
Individual
Mailing address
1410 S PECAN ST APT C, CORDELE, GA 31015-2197
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
Mar 13, 2020
$115,000
Paul Yoon Juwon
Cajun Realty LLC
Warranty Deed
—
Apr 4, 2005
$294,118
Frih Cjkn LLC
Afc Enterprises INC
Warranty 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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