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Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Grocery and convenience stores
12 Shorter NW Ave Rome, GA 30165-2400
Individually Owned
14-yr Hold
Free & Clear
Property ID
US22-2326270
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2012
Construction
WOOD FRAME
Total area
4,147 SF
Lot
1.45 ac (63,162 SF)
Zoning code
C-C
APN
I13Z- -229 -
UPID
US22-2326270
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
-
bp Gas Station
-
Dunkin' Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$705k
Comparable Approach
Comparable
$650k
Blend (final)
Blend
$725k
Owner & transaction history
Charlie E Young SR. · 14 yrs held
Charlie E Young SR.
since 2011
7 recorded transactions
Zoning & alternative use
C-C · Rome, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$495,000
+427.1%
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 Rome submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rome 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%
$760,000
6.5%
$705,000
7%
$650,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$495,000
Change: +427% · Conversion: Easy
Blend value · Realmo final
$725k
Range $653k – $798k · ±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
$175 / 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
$29,794
Tax year 2023
Assessed value
$848,496
Assessed 2023
Previous assessed
$848,496
+0.0% YoY
Effective rate
3.51%
On assessed value
Assessed land
$468,978
Assessed improvement
$379,518
Land market value
$1,172,445
Improvement market value
$948,794
Total market value
$2,121,239
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
2012
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
CENTRAL
Total area
4,147 SF
Lot
1.45 ac (63,162 SF)
Zoning code
C-C
APN
I13Z- -229 -
UPID
US22-2326270
Jurisdiction
FLOYD
Zoning & alternative use
C-C · Rome, GA
Zoning C-C · permitted uses
C-C · Rome, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rome. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$495,000
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2012
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
Yes
Lot
1.45 ac
Current owner
From public records · entity-resolved
Charlie E Young SR.
Individual
Free & Clear · 14 yrs held
Mailing address
118 NELSON BLVD NW, ROME, GA 30165-2559
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
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 1, 2019
—
Tk & Sons LLC
—
Deed
related
$1,300,000 · River Cty Bk
Sep 19, 2011
—
Charlie E Young SR.
Tk & Sons LLC
Warranty Deed
related
—
Sep 15, 2011
—
Charlie E Young SR.
Tk & Sons LLC
Grant Deed
—
Mar 22, 2010
—
T K & Sons LLC
—
Trustees Deed
related
$500,000 · Greater Rome Bank
Aug 29, 2006
—
T K & Sons LLC
Patel,tushar M & Kamini T
Quit Claim Deed
related
—
—
—
Tk & Sons LLC
—
Loan Modification
related
$1,300,000 · River Cty Bk
—
—
Tk & Sons LLC
—
Loan Modification
related
$850,000 · Greater Rome Bank
—
—
Tk & Sons LLC
—
Loan Modification
related
$650,000 · Greater Rome Bank
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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