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Property profile & analytics
OFF-MARKET
Estimated value
$1,035,000
Turn key restaurants
1140 Mt Zion Rd Morrow, GA 30260-2230
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1416592
Property summary
AI-generated overview
This exceptional turnkey retail opportunity in Morrow, Georgia, presents a fully operational restaurant and hookah lounge. Located at 1140 Mount Zion Road, this single-tenant property boasts 3,422 square feet on a 0.62-acre lot, zoned GB (APN: 12112A A049). The property includes all furniture, fixtures, and equipment (FF&E), valued at over $250,000, encompassing dining and lounge furniture, a state-of-the-art digital media system, and a full stage for live entertainment. Ample space is available for outdoor dining and events on the expansive patio. Conveniently located near Southlake Mall and approximately 14 minutes from Hartsfield-Jackson Atlanta International Airport, this property offers exceptional accessibility. The property features over 50 parking spaces on a level lot with direct access to the main entrance, ensuring ease of access for patrons. This is a thriving, established business, ready for a new owner. The building is a single suite within a single building. Serious inquiries only.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1984
Total area
4,450 SF
Lot
0.62 ac (27,007 SF)
Zoning code
C
APN
12-112A- A-049
UPID
US22-1416592
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
-
Esco Restaurant & Tapas Southside Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.13M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$947k
Blend (final)
Blend
$1.04M
Owner & transaction history
Escobar Restaurant & Tapas LLC · 6 yrs held
Escobar Restaurant & Tapas LLC
since 2020
Last sale
$947,000
3 recorded transactions
Zoning & alternative use
C · Morrow, 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 Morrow submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Morrow 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
$1,200,000
ML approach
$1,130,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.04M
Range $932k – $1.14M · ±10% · vs last sale $947k (Mar 5 2020)
Last sale anchor
$947k
Mar 5 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
$233 / 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
$21,544
Tax year 2024
Assessed value
$279,560
Assessed 2024
Previous assessed
$243,160
+15.0% YoY
Effective rate
7.71%
On assessed value
Assessed land
$53,840
Assessed improvement
$225,720
Land market value
$134,600
Improvement market value
$564,300
Total market value
$698,900
Applied tax rate
5.0000
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
1984
Heating
NONE
Total area
4,450 SF
Lot
0.62 ac (27,007 SF)
Zoning code
C
APN
12-112A- A-049
UPID
US22-1416592
Jurisdiction
CLAYTON
Zoning & alternative use
C · Morrow, GA
Zoning C · permitted uses
C · Morrow, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Morrow. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Heating
NONE
Lot
0.62 ac
Current owner
From public records · entity-resolved
Escobar Restaurant & Tapas LLC
Entity
Mailing address
3743 PACES PARK CIR SE, SMYRNA, GA 30080-6875
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 16, 2020
$947,000
Escobar Restaurant & Tapas LLC
Capers Group Lllp
Grant Deed
$500,000 · Access To Cap For Entrepreneur
Dec 2, 2019
—
Capers Group Lllp
Cordell Capers
Quit Claim Deed
related
—
Sep 21, 2016
$250,000
Cordell Capers
Service Stages INC
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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