Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$8,760,000
Hotels
1302 Grn SE St Conyers, GA 30012-5458
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US22-4548971
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2007
Construction
WOOD
Total area
60,394 SF
Lot
2.33 ac (101,495 SF)
Zoning code
MXD
APN
C29-0-03-019A
UPID
US22-4548971
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
-
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.78M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.76M
Owner & transaction history
Apsilon Management Conyers LLC · 4 yrs held
Apsilon Management Conyers LLC
since 2022
Last sale
$8.8M
3 recorded transactions
Zoning & alternative use
MXD · Conyers, 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 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
$8,990,000
ML approach
$8,775,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$9,770,000
Change: 0% · Conversion: Difficult
RESTAURANT
$7,155,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$7,035,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$6,160,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,315,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$8.76M
Range $7.88M – $9.64M · ±10% · vs last sale $8.75M (Jun 8 2022)
Last sale anchor
$8.75M
Jun 8 2022
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
$145 / 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
$152,560
Tax year 2023
Assessed value
$2,764,120
Assessed 2023
Previous assessed
$2,764,120
+0.0% YoY
Effective rate
5.52%
On assessed value
Assessed land
$233,840
Assessed improvement
$2,530,280
Land market value
$584,600
Improvement market value
$6,325,700
Total market value
$6,910,300
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2007
Construction
WOOD
Heating
YES
Cooling
YES
Stories
2
Total area
60,394 SF
Lot
2.33 ac (101,495 SF)
Zoning code
MXD
APN
C29-0-03-019A
UPID
US22-4548971
Jurisdiction
ROCKDALE
Zoning & alternative use
MXD · Conyers, GA
Zoning MXD · permitted uses
MXD · 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
COMMERCIAL (GENERAL)
Est. value
$9.8M
RESTAURANT
Est. value
$7.2M
OFFICE BUILDING
Est. value
$7.0M
RETAIL STORES
Est. value
$6.2M
AUTO REPAIR, GARAGE
Est. value
$5.3M
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
RETAIL STORES
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
2007
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Lot
2.33 ac
Current owner
From public records · entity-resolved
Apsilon Management Conyers LLC
Entity
Mailing address
925 VIRGINIA AVE E STE E, HAPEVILLE, GA 30354-1355
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 8, 2022
$8,750,000
Apsilon Management Conyers LLC
Neelkanth Hotel LLC
Warranty Deed
$8,201,100 · Coastal States Bank
May 23, 2022
—
Neelkanth Hotels LLC
—
Deed
related
$4,800,000 · Rk Patel Holdings
Jul 20, 2005
—
Walton O & C LLC
—
Grant Deed
related
$1,125,000 · Peoples Bk
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?”
You own 1302 Grn SE St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
