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Property profile & analytics
FOR SALE
Turn key restaurants
1238 Wall St, Richland, GA 31825
Entity Owned
1-yr Hold
Free & Clear
Property ID
US22-2958115
For Sale
1 / 18
$245,000
1238 Wall St, Richland, GA 31825
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1950
Total area
1,636 SF
Lot
0.09 ac (3,920 SF)
Zoning code
COMMERCIAL
APN
R03 072
UPID
US22-2958115
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
-
Red's Pizza Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Hellenic Property Ventures LLC · 1 yrs held
Hellenic Property Ventures LLC
since 2024
Last sale
$150,000
2 recorded transactions
Zoning & alternative use
COMMERCIAL · Richland, 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 Richland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Richland 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$687
Tax year 2023
Assessed value
$15,088
Assessed 2023
Previous assessed
$15,088
+0.0% YoY
Effective rate
4.55%
On assessed value
Assessed land
$600
Assessed improvement
$14,488
Land market value
$1,500
Improvement market value
$36,220
Total market value
$37,720
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
For Sale
Year built
1950
Heating
SPACE
Cooling
CENTRAL
Total area
1,636 SF
Lot
0.09 ac (3,920 SF)
Zoning code
COMMERCIAL
APN
R03 072
UPID
US22-2958115
Jurisdiction
STEWART
Zoning & alternative use
COMMERCIAL · Richland, GA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Richland, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Richland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Heating
SPACE
Cooling
Yes
Lot
0.09 ac
Current owner
From public records · entity-resolved
Hellenic Property Ventures LLC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 248, RICHLAND, GA 31825-0248
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 10, 2024
$150,000
Hellenic Property Ventures LLC
Brenda G Landreth
Warranty Deed
—
May 14, 2010
—
Brenda G Landreth
Billy C Landreth
Gift 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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