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Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Grocery and convenience stores
115 Ila Rd Athens, GA 30601-4050
Entity Owned
Free & Clear
Property ID
US22-0117786
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1987
Total area
3,008 SF
Lot
0.58 ac (25,265 SF)
Zoning code
C-N
APN
21-1- -046-B
UPID
US22-0117786
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
-
LibertyX Bitcoin ATM Atm
-
ATM Atm
-
Discount Tobacco Gas Station
-
Maruti Food Mart Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$585k
CAP Approach
CAP
$690k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$655k
Owner & transaction history
115 Ila Property LLC
115 Ila Property LLC
since 2026
Last sale
$700,000
7 recorded transactions
Zoning & alternative use
C-N · Athens, 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 Athens submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Athens 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
$600,000
ML approach
$585,000
CAP Approach
CAP Return
Estimation
6%
$745,000
6.5%
$690,000
7%
$640,000
Blend value · Realmo final
$655k
Range $590k – $721k · ±10% · vs last sale $700k (Dec 29 2023)
Last sale anchor
$700k
Dec 29 2023
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
$218 / 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
$5,502
Tax year 2023
Assessed value
$176,048
Assessed 2023
Previous assessed
$176,048
+0.0% YoY
Effective rate
3.13%
On assessed value
Assessed land
$34,000
Assessed improvement
$142,048
Land market value
$85,000
Improvement market value
$355,119
Total market value
$440,119
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1987
Heating
CENTRAL
Cooling
CENTRAL
Total area
3,008 SF
Lot
0.58 ac (25,265 SF)
Zoning code
C-N
APN
21-1- -046-B
UPID
US22-0117786
Jurisdiction
CLARKE
Zoning & alternative use
C-N · Athens, GA
Zoning C-N · permitted uses
C-N · Athens, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Athens. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1987
Heating
CENTRAL
Cooling
Yes
Lot
0.58 ac
Current owner
From public records · entity-resolved
115 Ila Property LLC
Entity
Free & Clear · 0 yrs held
Mailing address
115 ILA RD, ATHENS, GA 30601-4050
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 23, 2026
$1,000,000
115 Ila Property LLC
Ila Investment LLC
Deed
—
Mar 23, 2026
—
115 Ila Property LLC
Ila Investment LLC
Quitclaim Deed
related
—
Dec 29, 2023
$700,000
Ila Investment LLC
Hari One Ga INC
Warranty Deed
$490,000 · American Pride Bank
Apr 22, 2019
—
Hari One Ga INC
Shive One LLC
Quit Claim Deed
related
$225,000 · American Pride Bk
May 7, 2013
$310,000
Shive One LLC
Amerin Traders INC
Grant Deed
$232,500 · Amerin Traders INC
May 14, 2005
$325,000
Amerin Traders INC
Lay Brothers INC
Grant Deed
—
Apr 14, 2005
$250,000
Lay Brothers INC
Pitts,melvin C & Betty W
Grant Deed
—
Apr 14, 2005
—
Owner Name Unavailable
Lay Brothers INC
Grant 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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