New search
Property profile & analytics
FOR SALE
Motels
130 N Frontage Rd, Forsyth, GA 31029
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US22-2508142
For Sale
1 / 2
$755,000
130 N Frontage Rd, Forsyth, GA 31029
View Listing →
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1963
Construction
CONCRETE
Total area
9,613 SF
Lot
4.21 ac (183,388 SF)
Zoning code
1
APN
F24-059
UPID
US22-2508142
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
-
Americas Best Value Inn & Suites Forsyth Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$755k
Owner & transaction history
Gray Lodging Group LLC · 7 yrs held
Gray Lodging Group LLC
since 2018
4 recorded transactions
Zoning & alternative use
1 · Forsyth, 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 Forsyth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Forsyth 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,175,000
Change: 0% · Conversion: Difficult
RESTAURANT
$1,090,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$875,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$615,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$755k
Range $680k – $831k · ±10%
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
$79 / 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
$9,157
Tax year 2023
Assessed value
$300,560
Assessed 2023
Previous assessed
$300,560
+0.0% YoY
Effective rate
3.05%
On assessed value
Assessed land
$75,760
Assessed improvement
$224,800
Land market value
$189,400
Improvement market value
$562,000
Total market value
$751,400
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
Motels
Use group
MOTEL
Status
For Sale
Year built
1963
Construction
CONCRETE
Heating
FLOOR/WALL FURNACE
Cooling
EVAPORATIVE
Buildings
5
Stories
1
Total area
9,613 SF
Lot
4.21 ac (183,388 SF)
Zoning code
1
APN
F24-059
UPID
US22-2508142
Jurisdiction
MONROE
Zoning & alternative use
1 · Forsyth, GA
Zoning 1 · permitted uses
1 · Forsyth, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Forsyth. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$1.2M
RESTAURANT
Est. value
$1.1M
RETAIL STORES
Est. value
$875,000
WAREHOUSE, STORAGE
Est. value
$615,000
OFFICE BUILDING
RESTAURANT
RETAIL STORES
WAREHOUSE, STORAGE
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
1963
Construction
CONCRETE
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
1
Buildings
5
Lot
4.21 ac
Current owner
From public records · entity-resolved
Gray Lodging Group LLC
Entity
Mailing address
130 N FRONTAGE RD, FORSYTH, GA 31029-9129
Mailing matches property
Yes
Owner-occupied
Yes
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2018
$1,030,000
Gray Lodging Group LLC
Nirvana Management INC
Grant Deed
$1,145,000 · Embassy Nat'l Bk
Jul 12, 2018
—
Nirvana Management INC
Patel,vidya & Arun
Grant Deed
—
Jun 28, 2018
—
Vidya Patel
Shreyas LLC
Quit Claim Deed
related
—
Feb 27, 2015
—
Vidya Patel
Nirvana Management INC
Warranty 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
