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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Turn key restaurants
115 New Franklin Rd Lagrange, GA 30240-2301
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US22-1653307
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1971
Total area
3,378 SF
Lot
0.78 ac (33,977 SF)
Zoning code
16- CR-MX
APN
0614A001009
UPID
US22-1653307
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
-
Arby's Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$557k
Blend (final)
Blend
$620k
Owner & transaction history
Southern Hospitality Re LLC · 10 yrs held
Southern Hospitality Re LLC
since 2015
7 recorded transactions
Zoning & alternative use
16- CR-MX · Lagrange, 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 Lagrange submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lagrange 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$620k
Range $558k – $682k · ±10%
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
$184 / 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
$10,006
Tax year 2023
Assessed value
$366,900
Assessed 2023
Previous assessed
$38,478
+853.5% YoY
Effective rate
2.73%
On assessed value
Assessed land
$113,880
Assessed improvement
$253,020
Land market value
$284,700
Improvement market value
$632,550
Total market value
$917,250
Applied tax rate
16.0000
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
1971
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
1
Total area
3,378 SF
Lot
0.78 ac (33,977 SF)
Zoning code
16- CR-MX
APN
0614A001009
UPID
US22-1653307
Jurisdiction
TROUP
Zoning & alternative use
16- CR-MX · Lagrange, GAZoning 16- CR-MX · permitted uses
16- CR-MX · Lagrange, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1971
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.78 ac
Current owner
From public records · entity-resolved
Southern Hospitality Re LLC
Entity
Mailing address
6100 LK FORREST DR STE #130, ATLANTA, GA 30328-3835
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2017
—
Southern Hospitality Beef LLC
—
Grant Deed
related
$16,300,000 · Wells Fargo Bk
Aug 18, 2015
$955,000
Southern Hospitality Re LLC
Hunter,bertrom H JR & Veta J
Grant Deed
$5,172,000 · Suntrust Bk
Aug 18, 2015
—
Southern Hospitality Re LLC
Hunter,bertrom H JR & Veta J
Quit Claim Deed
related
—
—
—
Bertrom H Hunter JR.
—
Loan Modification
related
—
—
—
Hunter,bertrum H JR & Veta J
—
Loan Modification
related
—
—
—
Southern Hospitality Re LLC
—
Deed Of Trust
related
$16,300 · Wells Fargo Bk
—
—
Southern Hospitality Re LLC
—
Deed Of Trust
related
$10,800 · Wells Fargo 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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