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Property profile & analytics
FOR SALE
Commercial real estate
108 S Lee St Stockbridge, GA 30281
Individually Owned
29-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0358136
For Sale
1 / 59
$1,600,000
108 S Lee St, Stockbridge, GA 30281
View Listing →
Property summary
AI-generated overview
This exceptional 3.03-acre property in Stockbridge, Georgia presents a unique opportunity to acquire a thriving turnkey business encompassing event hosting, catering, and a restaurant. Originally a historic home, the property has been thoughtfully expanded to include a fully equipped commercial kitchen and a spacious ballroom, perfect for weddings and large gatherings. The expansive grounds boast an outdoor entertaining area, meticulously designed garden paths, and a custom iron gazebo, creating an idyllic setting for events. Included in the sale are select furniture pieces, comprehensive catering equipment, and essential kitchen appliances, including a walk-in refrigerator. The interior layout is designed for seamless event flow, featuring a formal entry foyer, a parlor ideal for greeting guests, a dedicated dressing room for wedding parties, two elegant dining rooms, a dance floor, and the impressive ballroom itself. Convenient outdoor storage buildings and a dedicated loading dock ensure efficient kitchen deliveries. This established business is currently operational and requires an appointment to view. The sale price is $1,600,000. Serious inquiries only.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1900
Construction
WOOD
Total area
6,213 SF
Lot
3.03 ac (131,987 SF)
Zoning code
C1
APN
S26-04009000
UPID
US22-0358136
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
-
Pinehurst Catering & Events Facility Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.16M
Comparable Approach
Comparable
$1.26M
Blend (final)
Blend
$1.16M
Owner & transaction history
Charles L Dubbs JR.
Charles L Dubbs JR.
2 recorded transactions
Zoning & alternative use
C1 · Stockbridge, 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 Stockbridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stockbridge 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,260,000
6.5%
$1,160,000
7%
$1,080,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,385,000
Current use
AUTO REPAIR, GARAGE
$1,280,000
Change: -8% · Conversion: Difficult
RETAIL STORES
$1,245,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$1.16M
Range $1.04M – $1.28M · ±10%
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
$187 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$11,770
Tax year 2024
Assessed value
$295,680
Assessed 2024
Previous assessed
$295,680
+0.0% YoY
Effective rate
3.98%
On assessed value
Assessed land
$60,600
Assessed improvement
$235,080
Land market value
$151,500
Improvement market value
$587,700
Total market value
$739,200
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1900
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Rooms
1
Bathrooms
4
Total area
6,213 SF
Lot
3.03 ac (131,987 SF)
Zoning code
C1
APN
S26-04009000
UPID
US22-0358136
Jurisdiction
HENRY
Zoning & alternative use
C1 · Stockbridge, GA
Zoning C1 · permitted uses
C1 · Stockbridge, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stockbridge. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.3M
RETAIL STORES
Est. value
$1.2M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1900
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
1
Bathrooms
4
Lot
3.03 ac
Current owner
From public records · entity-resolved
Charles L Dubbs JR.
Individual
Mailing address
560 PINEHURST DR, STOCKBRIDGE, GA 30281-3865
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
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
—
—
Charles L Dubbs JR.
—
Loan Modification
related
$169,757 · Hamilton St Bk
—
—
Charles L Dubbs JR
—
Deed Of Trust
related
$142,000 · Heritage Bk
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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