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Property profile & analytics
OFF-MARKET
Estimated value
$1,470,000
Strip malls
1264 Parker SE Rd Conyers, GA 30094-5906
Entity Owned
2-yr Hold
Free & Clear
Property ID
US22-2018303
Property summary
AI-generated overview
This prime retail center, located at 1264 Parker Rd SE in Conyers, Georgia (30094), offers 13,860 square feet of versatile space in a Class B building constructed in 2005 and renovated in 2024. The property sits on 1.13 acres of land and features eleven suites, with two currently vacant, totaling 2,520 square feet. Each suite boasts a private bathroom and individual utility metering. Suite sizes range from a minimum of 1,260 square feet to a maximum contiguous space of 2,520 square feet, making it ideal for a variety of businesses. The property benefits from excellent visibility from the street, ample parking (40 spaces), and prominent signage. Its convenient location near I-20 ensures high traffic volume. The zoning is Commercial (APN: C210020005), and the property is situated in the Stonecrest Conyers Rockdale submarket cluster within the Atlanta East Market. The building is single-story with electrical power. This is an exceptional opportunity for businesses seeking a well-maintained, high-visibility location in a thriving commercial area. The property is ready for immediate occupancy.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2000
Construction
CONCRETE BLOCKS
Total area
13,860 SF
Lot
1.13 ac (49,223 SF)
Zoning code
BG
APN
C21-0-02-0005
UPID
US22-2018303
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
-
EverLasting Talent Inc School of Arts / Elt Entertainment Training Center
-
Copy Central Marketing & Advertising Advertising Agency
-
Barn Training Center
-
Trinton Cafe Bakery Specialty Food Shop
-
Haus of Delani LLC Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.47M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$934k
Blend (final)
Blend
$1.47M
Owner & transaction history
Lawrence Grace LLC · 2 yrs held
Lawrence Grace LLC
since 2024
Last sale
$1.5M
4 recorded transactions
Zoning & alternative use
BG · Conyers, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.7M
+106.2%
Commercial (general)
$1.6M
+92.0%
Office building
$1.6M
+88.9%
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 Conyers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conyers 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
$1,470,000
ML approach
$1,470,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,700,000
Change: +106% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,585,000
Change: +92% · Conversion: Easy
OFFICE BUILDING
$1,560,000
Change: +89% · Conversion: Moderate
RETAIL STORES
$1,240,000
Change: +50% · Conversion: Easy
MEDICAL BUILDING
$1,200,000
Change: +45% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,195,000
Change: +45% · Conversion: Difficult
Blend value · Realmo final
$1.47M
Range $1.32M – $1.62M · ±10% · vs last sale $1.47M (Jun 20 2024)
Last sale anchor
$1.47M
Jun 20 2024
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
$106 / 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
$29,793
Tax year 2023
Assessed value
$536,760
Assessed 2023
Previous assessed
$536,760
+0.0% YoY
Effective rate
5.55%
On assessed value
Assessed land
$62,920
Assessed improvement
$473,840
Land market value
$157,300
Improvement market value
$1,184,600
Total market value
$1,341,900
Applied tax rate
2.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2000
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
YES
Stories
1
Total area
13,860 SF
Lot
1.13 ac (49,223 SF)
Zoning code
BG
APN
C21-0-02-0005
UPID
US22-2018303
Jurisdiction
ROCKDALE
Zoning & alternative use
BG · Conyers, GA
Zoning BG · permitted uses
BG · Conyers, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Conyers. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.6M
RETAIL STORES
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.2M
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
2000
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Lot
1.13 ac
Current owner
From public records · entity-resolved
Lawrence Grace LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1264 PARKER RD SE, CONYERS, GA 30094-5906
Mailing matches property
Yes
Owner-occupied
Yes
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 20, 2024
$1,470,000
Lawrence Grace LLC
Nssn LLC
Warranty Deed
—
Oct 11, 2016
—
Forest Park Dev Group INC
—
Deed
related
$1,137,537 · Bank Of North Ga
Dec 7, 2007
$1,500,000
Forest Park Development Grp In
Parker Road Partners LLC
Grant Deed
related
—
—
—
Forest Park Dev Group INC
—
Loan Modification
related
$1,137,537 · Bank Of North Ga
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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