Back to Search
Property profile & analytics
OFF-MARKET
Retail space
109 Ctr St Thomaston, GA 30286-4163
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1944866
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1915
Construction
WOOD
Total area
1,390 SF
Lot
0.06 ac (2,614 SF)
Zoning code
DT
APN
T22-073
UPID
US22-1944866
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
-
Salon Twenty One Hair Salon Nail Salon
-
Pardons & Parole Board State Government Office
-
RUSH Ministries, Inc. and NorthRidge Church Corporate Office
-
ReLeaf Hemp Company (Bike/Boat/Book/etc) 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
Virgil W Heath · 5 yrs held
Virgil W Heath
since 2020
Last sale
$75,000
6 recorded transactions
Zoning & alternative use
DT · Thomaston, 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 Thomaston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Thomaston 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
$566
Tax year 2023
Assessed value
$21,600
Assessed 2023
Previous assessed
$21,600
+0.0% YoY
Effective rate
2.62%
On assessed value
Assessed land
$6,397
Assessed improvement
$15,203
Land market value
$15,992
Improvement market value
$38,008
Total market value
$54,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1915
Construction
WOOD
Heating
FORCED AIR
Stories
1
Total area
1,390 SF
Lot
0.06 ac (2,614 SF)
Zoning code
DT
APN
T22-073
UPID
US22-1944866
Jurisdiction
UPSON
Zoning & alternative use
DT · Thomaston, GA
Zoning DT · permitted uses
DT · Thomaston, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Thomaston. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1915
Construction
WOOD
Heating
FORCED AIR
Stories
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Virgil W Heath
Individual
Mailing address
509 N PNE HL RD, GRIFFIN, GA 30223-8312
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 10, 2020
$75,000
Virgil W Heath
Pledger D Reems
Warranty Deed
$67,500 · Pledger D Reems
May 2, 2016
$70,000
Brent L Johnson
Mcswain,mark W & Lori M
Warranty Deed
$50,000 · United Bk
Mar 7, 2008
—
Carel D Sewell
Sewell,carel D
Quit Claim Deed
—
Mar 7, 2008
$65,000
Pledger D Reems
Sewell,carel D
Grant Deed
—
—
—
Pledger D Reems
—
Deed Of Trust
related
$6,000 · Sewell Carel D
—
—
Raymond L Sewell
—
Deed Of Trust
related
$10,710 · Bank Of Upson
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 109 Ctr St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
