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Property profile & analytics
OFF-MARKET
Estimated value
$3,490,000
Drive through restaurants
121 Tom Hl Sr Blvd Macon, GA 31210-1857
Entity Owned
4-yr Hold
Free & Clear
Property ID
US22-2067798
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1989
Total area
1,828 SF
Lot
1.25 ac (54,450 SF)
Zoning code
C-4
APN
N043-0107
UPID
US22-2067798
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
-
Baskin-Robbins Grocery & Convenience Store Specialty Food Shop
-
Subway Take-out & Catering Catering Service
-
Dunkin' Cafe & Coffee Shop
-
Tesla Supercharger Electric Vehicle Charging Station
-
Rivergate Shopping Center Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.24M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.49M
Owner & transaction history
Red Town Rivergate LLC · 4 yrs held
Red Town Rivergate LLC
since 2022
Last sale
$3.7M
7 recorded transactions
Zoning & alternative use
C-4 · Macon, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
1 - R-3 Multifamily Chapter 12 - C-1 Neighborhood Commercial District Chapter 13 - C-2 General Commercial District Chapter 13A - CBD-1 Central Business District Chapter 13B - CBD-2 Central Business District Chapter 14 - C-4 Highway Commercial District Chapter 15 - C-5 Neighborhood Convenience Center District Chapter 16 - M-1 Wholesale and Light Industrial Di…
Zone name
Highway Commercial District
General category
COMMERCIAL
Zone area
716.66 ac
Source
Planning & Zoning Commission
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 Macon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Macon 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
$3,315,000
ML approach
$3,240,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.49M
Range $3.14M – $3.84M · ±10% · vs last sale $3.70M (May 13 2022)
Last sale anchor
$3.70M
May 13 2022
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
$1,909 / 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
$32,939
Tax year 2023
Assessed value
$521,478
Assessed 2023
Previous assessed
$521,478
+0.0% YoY
Effective rate
6.32%
On assessed value
Assessed land
$239,580
Assessed improvement
$281,898
Land market value
$598,950
Improvement market value
$704,746
Total market value
$1,303,696
Applied tax rate
11.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1989
Heating
NONE
Cooling
YES
Buildings
3
Stories
1
Total area
1,828 SF
Lot
1.25 ac (54,450 SF)
Zoning code
C-4
APN
N043-0107
UPID
US22-2067798
Jurisdiction
BIBB
Zoning & alternative use
C-4 · Macon, GAZoning C-4 · permitted uses
C-4 · Macon, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
1 - R-3 Multifamily Chapter 12 - C-1 Neighborhood Commercial District Chapter 13 - C-2 General Commercial District Chapter 13A - CBD-1 Central Business District Chapter 13B - CBD-2 Central Business District Chapter 14 - C-4 Highway Commercial District Chapter 15 - C-5 Neighborhood Convenience Center District Chapter 16 - M-1 Wholesale and Light Industrial District Chapter 17 - M-2 Heavy Industrial District Chapter 18 - M-3 Heavy Industrial
Zone name
Highway Commercial District
General category
COMMERCIAL
Zone area
716.66 ac
Source
Planning & Zoning Commission
Building & site characteristics
From public records
Year built
1989
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Lot
1.25 ac
Current owner
From public records · entity-resolved
Red Town Rivergate LLC
Entity
Free & Clear · 4 yrs held
Mailing address
6304 PEAKE RD, MACON, GA 31210-3960
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 13, 2022
—
Red Town Rivergate LLC
Red Town Timberlands LP
Intrafamily Transfer
related
—
Nov 30, 2021
—
Red Town Timberlands LP
Whlr Rivergate LLC
Quit Claim Deed
related
—
Sep 1, 2021
$3,700,000
Red Town Timberlands LP
Whlr Rivergate LLC
Warranty Deed
—
Nov 20, 2020
—
Whlr-rivergate LLC
—
Deed
related
$24,212,500 · Synovus Bk
Jul 10, 2020
—
Whlr-rivergate LLC
—
Deed
related
$24,212,500 · Synovus Bk
Feb 5, 2020
—
Whlr-rivergate LLC
—
Deed
related
$24,212,500 · Synovus Bk
Jan 3, 2017
—
Whlr-rivergate LLC
Macon Station LLC
Quit Claim Deed
related
—
Jan 3, 2017
$37,250,000
Whlr-rivergate LLC
Macon Station LLC
Grant Deed
—
—
—
Whlr-rivergate LLC
—
Loan Modification
related
$24,212,500 · Synovus Bk
—
—
Whlr-rivergate LLC
—
Deed Of Trust
related
$24,212,500 · Synovus Bk
—
—
Whlr-rivergate LLC
—
Loan Modification
related
$24,212,500 · Synovus 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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