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Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Turn key restaurants
1061 Vlg Park Dr101dr Greensboro, GA 30642-5170
Entity Owned
1-yr Hold
Free & Clear
Property ID
US22-3275193
Property summary
AI-generated overview
This exceptional Italian restaurant, located at 1061 Village Park Dr in Greensboro, GA 30642, presents a lucrative investment opportunity. Boasting 5,800 square feet of space, this well-established establishment seats 160 diners, with an additional 28 bar seats and 20 outdoor patio seats. Currently operating Monday through Saturday from 5 PM to 10 PM, the restaurant enjoys a prime location minutes from the Ritz Carlton Reynolds Plantation and Lake Oconee, catering to a high-income demographic. Financial records reveal impressive performance: 2022 gross sales reached $1,324,449 (dinners only), yielding a net profit of $236,699.53. 2023 saw even greater success, with gross sales of $1,469,011 (dinners only) and a net profit of $304,866.77. The current monthly rent for the business is $5,400 all-inclusive, with a new long-term lease negotiable. The business is priced at $670,000, with the real estate available for an additional $1,000,000
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2006
Construction
WOOD
Total area
1,500 SF
Lot
0.02 ac (871 SF)
APN
056-A-0D-001-0
UPID
US22-3275193
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
$750k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$660k
Owner & transaction history
Millcreek Dc LLC · 1 yrs held
Millcreek Dc LLC
since 2025
Last sale
$600,000
3 recorded transactions
Zoning & alternative use
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 Greensboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greensboro 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
$685,000
ML approach
$750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$660k
Range $594k – $726k · ±10% · vs last sale $600k (Apr 30 2020)
Last sale anchor
$600k
Apr 30 2020
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
$440 / 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
$1,526
Tax year 2023
Assessed value
$84,080
Assessed 2023
Previous assessed
$84,080
+0.0% YoY
Effective rate
1.81%
On assessed value
Assessed land
$24,000
Assessed improvement
$60,080
Land market value
$60,000
Improvement market value
$150,200
Total market value
$210,200
Applied tax rate
91.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2006
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Total area
1,500 SF
Lot
0.02 ac (871 SF)
APN
056-A-0D-001-0
UPID
US22-3275193
Jurisdiction
GREENE
Zoning & alternative use
Zoning · permitted uses
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
2006
Construction
WOOD
Heating
NONE
Cooling
Yes
Lot
0.02 ac
Current owner
From public records · entity-resolved
Millcreek Dc LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1361 ML CRK, GREENSBORO, GA 30642-4477
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2025
—
Millcreek Dc LLC
David B Mixner
Deed
—
Apr 30, 2020
$600,000
David B Mixner
Da Corrado LLC
Warranty Deed
$510,000 · Truist Bank
Apr 30, 2020
—
David B Mixner
Da Corrados LLC
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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