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Property profile & analytics
OFF-MARKET
Turn key restaurants
1296 Grn SW St Conyers, GA 30012-5224
Individually Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1129789
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1960
Total area
4,426 SF
Lot
0.4 ac (17,424 SF)
Zoning code
BG
APN
C02-0-08-0002
UPID
US22-1129789
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
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
Nikita L Lester · 8 yrs held
Nikita L Lester
since 2018
1 recorded transaction
Zoning & alternative use
BG · Conyers, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the BG District is to provide suitable areas for the various types of community and regional oriented commercial activities including retail uses and wholesale uses, serving a large sector of the community, BG Districts are intended to be located along arterial streets and at locations that are appropriate for community and regional commercial…
Zone name
General Business
General category
COMMERCIAL
Zone area
349.14 ac
Source
Realmo
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
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
$1,593
Tax year 2023
Assessed value
$28,080
Assessed 2023
Previous assessed
$28,080
+0.0% YoY
Effective rate
5.67%
On assessed value
Assessed land
$8,720
Assessed improvement
$19,360
Land market value
$21,800
Improvement market value
$48,400
Total market value
$70,200
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1960
Heating
RADIANT
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
4,426 SF
Lot
0.4 ac (17,424 SF)
Zoning code
BG
APN
C02-0-08-0002
UPID
US22-1129789
Jurisdiction
ROCKDALE
Zoning & alternative use
BG · Conyers, GAZoning BG · permitted uses
BG · Conyers, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the BG District is to provide suitable areas for the various types of community and regional oriented commercial activities including retail uses and wholesale uses, serving a large sector of the community, BG Districts are intended to be located along arterial streets and at locations that are appropriate for community and regional commercial areas, as opposed to locations that primarily serve local neighborhoods
Zone name
General Business
General category
COMMERCIAL
Zone area
349.14 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1960
Heating
RADIANT
Cooling
Yes
Stories
1
Buildings
2
Lot
0.4 ac
Current owner
From public records · entity-resolved
Nikita L Lester
Individual
Free & Clear · 8 yrs held
Mailing address
2298 LK ROCKAWAY RD NW, CONYERS, GA 30012-3428
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 25, 2018
—
Nikita L Lester
Lester,nikita L & Nora L
Quit Claim 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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