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Property profile & analytics
OFF-MARKET
Estimated value
$1,495,000
Turn key restaurants
128 Solomon St Griffin, GA 30223-3045
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-1483852
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1910
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
37,646 SF
Lot
0.53 ac (23,087 SF)
Zoning code
CBD
APN
016 -43-001
UPID
US22-1483852
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
-
Angels ice cream Grocery & Convenience Store Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.68M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.50M
Owner & transaction history
Griffin Ga LLC · 2 yrs held
Griffin Ga LLC
since 2023
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
CBD · Griffin, 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 Griffin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Griffin 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
$1,595,000
ML approach
$1,680,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.50M
Range $1.35M – $1.64M · ±10% · vs last sale $1.35M (Oct 2 2023)
Last sale anchor
$1.35M
Oct 2 2023
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
$40 / 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
$14,387
Tax year 2023
Assessed value
$360,000
Assessed 2023
Previous assessed
$360,000
+0.0% YoY
Effective rate
4.00%
On assessed value
Assessed land
$92,348
Assessed improvement
$267,652
Land market value
$230,870
Improvement market value
$669,130
Total market value
$900,000
Applied tax rate
5.0000
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
1910
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Total area
37,646 SF
Lot
0.53 ac (23,087 SF)
Zoning code
CBD
APN
016 -43-001
UPID
US22-1483852
Jurisdiction
SPALDING
Zoning & alternative use
CBD · Griffin, GA
Zoning CBD · permitted uses
CBD · Griffin, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Griffin. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1910
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Lot
0.53 ac
Current owner
From public records · entity-resolved
Griffin Ga LLC
Entity
Mailing address
2100 RIVEREDGE PKWY, ATLANTA, GA 30328-4693
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2023
$1,350,000
Griffin Ga LLC
Steven Morris
Quit Claim Deed
—
Aug 13, 2018
—
Steve Morris
Mj Griffin LLC
Quit Claim Deed
related
—
Aug 13, 2018
$140,000
Steve Morris
Jewell,david R
Quit Claim Deed
related
—
Jun 29, 2015
—
David R Jewell
Morris,steve
Quit Claim Deed
related
—
May 29, 2015
—
Steve Morris
Jewell,david R
Quit Claim Deed
related
—
Mar 16, 2015
—
Mj Griffin LLC
Morris,steve
Quit Claim Deed
—
Mar 22, 2012
—
David R Jewell
Morris,steve
Quit Claim Deed
related
—
Mar 2, 2012
—
David R Jewell
Morris,steve
Grant Deed
related
—
Feb 23, 2012
—
Steve Morris
Jewell,david R
Quit Claim Deed
related
—
Feb 1, 2012
—
Steve Morris
Jewell,david R
Grant Deed
related
—
May 19, 2011
—
David R Jewell
Morris,steve
Quit Claim Deed
related
—
Mar 8, 2010
—
Steven D Morris
—
Trustees Deed
related
$450,000 · Georgia Banking Co
Aug 10, 2006
$284,400
Steve Morris
Mcash Properties LLC
Grant Deed
—
Aug 9, 2006
—
Steve Moorris
Mcash Properties LLC
Grant Deed
related
—
Jan 3, 2005
$250,000
Mcash Props LLC
Griffin Brokers INC
Warranty Deed
$178,000 · Griffin Brokers INC
—
—
Steven D Morris
—
Loan Modification
related
$154,888 · Georgia Banking Co
—
—
Steven D Morris
—
Deed Of Trust
related
$450,000 · Georgia Banking Co
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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