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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
1105 Gray Hwy Macon, GA 31211-1857
Entity Owned
~
Est. High Equity
Property ID
US22-2419516
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1986
Construction
STEEL FRAME
Total area
1,200 SF
Lot
0.64 ac (27,878 SF)
Zoning code
C-4
APN
R064-0219
UPID
US22-2419516
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
-
Exxon Gas Station
-
Valero Gas Station
-
Food Mart Discount Store Grocery & Convenience Store
-
Bitcoin ATM Macon - Coinhub Atm Currency Exchange Service
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
N&l Real Estate Ventures LLC
N&l Real Estate Ventures LLC
since 2025
Last sale
$1.4M
6 recorded transactions
Zoning & alternative use
C-4 · Macon, 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 Macon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Macon 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
$5,203
Tax year 2023
Assessed value
$175,655
Assessed 2023
Previous assessed
$175,655
+0.0% YoY
Effective rate
2.96%
On assessed value
Assessed land
$67,375
Assessed improvement
$108,280
Land market value
$168,438
Improvement market value
$270,700
Total market value
$439,138
Applied tax rate
9.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
CONVENIENCE STORE
Status
Off-Market
Year built
1986
Construction
STEEL FRAME
Heating
NONE
Cooling
YES
Stories
1
Total area
1,200 SF
Lot
0.64 ac (27,878 SF)
Zoning code
C-4
APN
R064-0219
UPID
US22-2419516
Jurisdiction
BIBB
Zoning & alternative use
C-4 · Macon, GA
Zoning C-4 · permitted uses
C-4 · Macon, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Macon. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.64 ac
Current owner
From public records · entity-resolved
N&l Real Estate Ventures LLC
Entity
Mailing address
PO BOX 460169, HOUSTON, TX 77056-8169
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 15, 2025
$1,391,806
N&l Real Estate Ventures LLC
Arg Me19pck001 LLC
Deed
$875,000 · Standard Insurance Co
Mar 27, 2019
$750,000
Mountain Express Oil Co
Gray River Holdings LLC
Grant Deed
—
Mar 27, 2019
$1,707,000
Arg Me19pck001 LLC
Georgia 19 Pack LLC
Grant Deed
—
Feb 5, 2019
—
Gray River Holdings LLC
Mps Property Ventures INC
Quit Claim Deed
related
—
Sep 15, 2006
$669,700
Chattahoochee Oil Co INC
Spectrum Realty INC
Grant Deed
—
—
—
Chattahoochee Oil Co INC
—
Deed Of Trust
related
$6,600,000 · Columbus Bank & Trust Co
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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