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Property profile & analytics
OFF-MARKET
Estimated value
$2,280,000
Grocery and convenience stores
11406 Brown Brg Rd Covington, GA 30016-3425
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1403901
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2020
Construction
CONCRETE
Total area
7,610 SF
Lot
2.28 ac (99,317 SF)
Zoning code
C3
APN
00270-00000-067-E00
UPID
US22-1403901
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
$2.34M
CAP Approach
CAP
$1.88M
Comparable Approach
Comparable
$1.47M
Blend (final)
Blend
$2.28M
Owner & transaction history
Alyza & Shanil Holding LLC · 1 yrs held
Alyza & Shanil Holding LLC
since 2025
Last sale
$2.9M
4 recorded transactions
Zoning & alternative use
C3 · Covington, 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 Covington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Covington 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
$2,150,000
ML approach
$2,335,000
CAP Approach
CAP Return
Estimation
6%
$2,040,000
6.5%
$1,880,000
7%
$1,745,000
Blend value · Realmo final
$2.28M
Range $2.05M – $2.51M · ±10% · vs last sale $2.93M (Mar 21 2025)
Last sale anchor
$2.93M
Mar 21 2025
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
$300 / 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
$12,488
Tax year 2023
Assessed value
$460,240
Assessed 2023
Previous assessed
$460,240
+0.0% YoY
Effective rate
2.71%
On assessed value
Assessed land
$46,205
Assessed improvement
$414,035
Land market value
$115,512
Improvement market value
$1,035,088
Total market value
$1,150,600
Applied tax rate
1.0000
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
2020
Construction
CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Total area
7,610 SF
Lot
2.28 ac (99,317 SF)
Zoning code
C3
APN
00270-00000-067-E00
UPID
US22-1403901
Jurisdiction
NEWTON
Zoning & alternative use
C3 · Covington, GA
Zoning C3 · permitted uses
C3 · Covington, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Covington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2020
Construction
CONCRETE
Heating
CENTRAL
Cooling
Yes
Lot
2.28 ac
Current owner
From public records · entity-resolved
Alyza & Shanil Holding LLC
Entity
Mailing address
2500 DANIELLS BRG RD BLDG #100, ATHENS, GA 30606-6104
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Mar 21, 2025
$2,925,000
Alyza & Shanil Holding LLC
Bbg Mart LLC
Warranty Deed
$2,551,110 · Southern States Bank
Feb 13, 2020
—
Bbg Mart LLC
Kpgc Properties LLC
Grant Deed
related
$2,157,574 · United Bk
Oct 31, 2016
—
Kpgc Properties LLC
—
Deed
related
$188,241 · United Bk
—
—
Kpgc Properties LLC
—
Deed Of Trust
related
$188,241 · United 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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