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Property profile & analytics
OFF-MARKET
Estimated value
$2,085,000
Grocery and convenience stores
1075 Franklin Spgs St Royston, GA 30662-3812
Trust Owned
Free & Clear
Property ID
US22-3038876
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1986
Construction
TYPE NOT SPECIFIED
Total area
37,555 SF
Lot
5.89 ac (256,568 SF)
Zoning code
COMMERCIAL
APN
058D-028-A
UPID
US22-3038876
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
$2.09M
Owner & transaction history
Adam Sparks Revocable Trust Dated A
Adam Sparks Revocable Trust Dated A
since 2025
4 recorded transactions
Zoning & alternative use
COMMERCIAL · Royston, 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 Royston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Royston 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
$56 / 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
$25,728
Tax year 2023
Assessed value
$698,088
Assessed 2023
Previous assessed
$698,088
+0.0% YoY
Effective rate
3.69%
On assessed value
Assessed land
$218,905
Assessed improvement
$479,183
Land market value
$547,263
Improvement market value
$1,197,958
Total market value
$1,745,221
Applied tax rate
3.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1986
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
37,555 SF
Lot
5.89 ac (256,568 SF)
Zoning code
COMMERCIAL
APN
058D-028-A
UPID
US22-3038876
Jurisdiction
FRANKLIN
Zoning & alternative use
COMMERCIAL · Royston, GA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Royston, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Royston. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
Yes
Stories
1
Lot
5.89 ac
Current owner
From public records · entity-resolved
Adam Sparks Revocable Trust Dated A
Trust
Free & Clear · 0 yrs held
Mailing address
2529 VIRGINIA BCH BLVD STE #200, VIRGINIA BEACH, VA 23452-7650
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2025
$5,125,000
Adam Sparks Revocable Trust Dated A
Whlr Tri County Associates LLC
Warranty Deed
—
Nov 14, 2025
—
Adam Sparks Revocable Trust Dated A
Whlr Tri County Associates LLC
Quitclaim Deed
related
—
Jul 2, 2024
—
Tri County Associates LLC
—
Deed
related
$25,500 · Guggenheim Real Estate
Apr 28, 2006
$4,100,000
Tri-county Associates LLC
Tri County Plaza
Grant 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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