Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1302 Grn SE St Conyers, GA 30012-5458

    • Hotels
    • 60,394 SF
    • 2.33 lot acres
    OFF-MARKET
    Last Sale
    Jun 08, 2022
    $8,750,000
    Value Estimations
    $8,760,000
    Show details
    Cap Rate Potential
    2.6%
    Hotels
    Location Intelligence
    Property ID
    US22-4548971
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • SpringHill Suites by Marriott Conyers / Hotel & Motel
    • Premier Inn / Hotel & Motel
    • INN at GREEN ST / Hotel & Motel
    • WW Studio @ Premier Inn Conyers / Weight Loss Service

    Property Details for 1302 Grn SE St

    Year built
    2007
    Construction
    WOOD
    Lot size
    2.33 lot acres
    Property size
    60,394 SF
    Zone code
    MXD
    Property type
    Hotels
    APN
    C29-0-03-019A
    APU
    C29003019A

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $8,990,000
      ML approach
      $8,775,000

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $9,770,000
      RESTAURANT
      $7,155,000
      OFFICE BUILDING
      $7,035,000
      RETAIL STORES
      $6,160,000
      AUTO REPAIR, GARAGE
      $5,315,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Conyers
    County
    Rockdale
    State
    Georgia
    Longitude
    -84.0098
    Latitude
    33.6559
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $152,560
    $233,840
    $2,530,280
    $2,764,120
    -
    $584,600
    $6,325,700
    $6,910,300

    Comparable in this City

    • Value Estimation
      $1,520,000
      38,604 SF

      1312 Old Covington SE Hwy

      HOTEL • 38,604 SF
      1312 Old Covington SE Hwy, Conyers, GA 30012-5430
      View Details
    • Value Estimation
      $8,640,000
      69,186 SF

      1184 Dogwood SE Dr

      HOTEL • 69,186 SF
      1184 Dogwood SE Dr, Conyers, GA 30012-5454
      View Details
    • Value Estimation
      $2,135,000
      52,750 SF

      1351 Dogwood SW Dr

      MOTEL • 52,750 SF
      1351 Dogwood SW Dr, Conyers, GA 30012-5127
      View Details
    • Value Estimation by Request
      6,048 SF

      1164 Dogwood SE Dr

      MOTEL • 6,048 SF
      1164 Dogwood SE Dr, Conyers, GA 30012-5454
      View Details
    • Value Estimation
      $965,000
      21,576 SF

      1070 Dogwood SE Dr

      MOTEL • 21,576 SF
      1070 Dogwood SE Dr, Conyers, GA 30012-5384
      View Details
    • Value Estimation
      $560,000
      12,480 SF

      1297 Dogwood SW Dr

      MOTEL • 12,480 SF
      1297 Dogwood SW Dr, Conyers, GA 30012-5138
      View Details

    Similar Nearby for Sale

    • $399,900

      Pine Log Road Land Opportunity

      Land with road frontage, ideal for various commercial uses.
      1451 Pine Log Rd, Conyers, GA 30012
      View Details
    • $399,900

      Prime Land Near I-20

      Land with high visibility, utilities, and near schools.
      1451 Pine Log Rd, Conyers, GA 30012
      View Details
    • $120,000
      Pending

      Secluded Land in Conyers, GA

      3.4 acres of land perfect for building your dream home.
      4189 Haralson Mill Rd NE, Conyers, GA 30012
      View Details
    • $329,000
      3.55 Acres

      Conyers Commercial Land - $329K

      3.55-acre lot, high visibility, I-20 access.
      1451 Pine Log Rd, Conyers, GA 30012
      View Details
    • Contact for pricing
      0.17 Acres

      Residential Land in Conyers, GA

      Two lots totaling 0.34 acres in Hi Roc Shores.
      Lakewood Way NE, Conyers, GA 30012
      View Details
    • $3,059,000
      900 SF

      Conyers Multifamily Investment Opportunity

      24-unit apartment complex in Conyers, Georgia, with immediate cash flow.
      1204 Lakeview Dr NW, Conyers, GA 30012
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      750 SF

      Conyers Salon Suites For Rent

      Salon suites available for ambitious salon professionals in Conyers, GA.
      1359 Milstead Rd NE, Conyers, GA 30012
      View Details
    • $2,700 /Mo
      5,016 SF

      Conyers Office Building For Lease

      Single-story office building in Rockdale County available for lease.
      1612 Milstead Rd NE, Conyers, GA 30012
      View Details
    • New
      $4,000 /Mo
      6,000 SF

      Downtown Conyers Commercial Space

      Versatile 6,000 sq ft space in high-traffic downtown area.
      902 Center St NE, Conyers, GA 30012
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space in Conyers, GA

      Retail space available in a shopping center anchored by Publix.
      1573 Highway 20 NE, Conyers, GA 30012
      View Details
    • $6 SF/Yr
      16,080 SF

      Conyers Warehouse with I-20 Frontage

      Warehouse space in Conyers with dock and drive-in doors.
      Conyers, GA 30012
      View Details
    • Contact for pricing

      Land at Interstate Intersection

      Land with direct interstate exposure in Conyers, Georgia.
      1630 Dogwood Dr SE, Conyers, GA 30012
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1302 Grn SE St
    Conyers, GA 30012-5458
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!