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Property profile & analytics
OFF-MARKET
Estimated value
$11,000,000
Industrial land
1141 Old Salem SE Rd Conyers, GA 30094-5943
Entity Owned
2-yr Hold
Property ID
US22-0983986
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Year built
1900
Total area
2,855 SF
Lot
2.62 ac (114,127 SF)
Zoning code
M1
APN
075-0-01-0013
UPID
US22-0983986
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
-
Holiday Inn Express Conyers, an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.00M
Owner & transaction history
Davki Nanda LLC · 2 yrs held
Davki Nanda LLC
since 2024
Last sale
$11.0M
5 recorded transactions
Zoning & alternative use
M1 · Conyers, 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 Conyers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conyers 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
$11,000,000
ML approach
$11,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$11.00M
Range $9.90M – $12.10M · ±10% · vs last sale $11.00M (Apr 17 2024)
Last sale anchor
$11.00M
Apr 17 2024
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
$3,853 / 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
$14,580
Tax year 2023
Assessed value
$364,480
Assessed 2023
Previous assessed
$364,480
+0.0% YoY
Effective rate
4.00%
On assessed value
Assessed land
$364,480
Land market value
$911,200
Total market value
$911,200
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
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Year built
1900
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Rooms
9
Bathrooms
3
Total area
2,855 SF
Lot
2.62 ac (114,127 SF)
Zoning code
M1
APN
075-0-01-0013
UPID
US22-0983986
Jurisdiction
ROCKDALE
Zoning & alternative use
M1 · Conyers, GA
Zoning M1 · permitted uses
M1 · Conyers, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Conyers. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
CENTRAL
Cooling
Yes
Stories
2
Rooms
9
Bathrooms
3
Lot
2.62 ac
Current owner
From public records · entity-resolved
Davki Nanda LLC
Entity
Mailing address
1141 OLD SALEM RD SE, CONYERS, GA 30094-5943
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2024
$11,000,000
Davki Nanda LLC
Citytec Design LLC
Warranty Deed
$7,300,000 · Cornerstone Commercial Mortgages
Jun 10, 2022
—
Citytec Design LLC
Forsyth Hospitality INC
Warranty Deed
$6,483,980 · Morris Bank
Jun 3, 2022
$241,878
Forsyth Hospitality INC
Fields Lllp Chatto
Warranty Deed
$6,483,980 · Morris Bank
Jun 3, 2022
$291,245
Forsyth Hospitality INC
Hugh W Cheek Rev Tr
Warranty Deed
—
Jun 5, 2017
—
Cheek,hugh W Trust
Cheek Hugh W
Quit Claim Deed
related
—
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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