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Property profile & analytics
OFF-MARKET
Estimated value
$1,520,000
Hotels
1312 Old Covington SE Hwy Conyers, GA 30012-5430
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US22-0705309
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2005
Construction
CONCRETE BLOCKS
Total area
38,604 SF
Lot
0.83 ac (36,155 SF)
Zoning code
C2
APN
072-0-01-0012
UPID
US22-0705309
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
-
Grace Gospel Temple South Association / Organization
-
Country Inn & Suites by Radisson, Conyers, GA 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
$1.52M
Owner & transaction history
Krishna Nitin Investment LLC · 15 yrs held
Krishna Nitin Investment LLC
since 2011
4 recorded transactions
Zoning & alternative use
C2 · 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
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
NEIGHBORHOOD: SHOPPING CENTER
$2,300,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$1.52M
Range $1.37M – $1.67M · ±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
$39 / 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
$71,383
Tax year 2023
Assessed value
$1,798,520
Assessed 2023
Previous assessed
$1,798,520
+0.0% YoY
Effective rate
3.97%
On assessed value
Assessed land
$111,920
Assessed improvement
$1,686,600
Land market value
$279,800
Improvement market value
$4,216,500
Total market value
$4,496,300
Applied tax rate
1.0000
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
2005
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
YES
Stories
1
Bathrooms
2
Total area
38,604 SF
Lot
0.83 ac (36,155 SF)
Zoning code
C2
APN
072-0-01-0012
UPID
US22-0705309
Jurisdiction
ROCKDALE
Zoning & alternative use
C2 · Conyers, GA
Zoning C2 · permitted uses
C2 · 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
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.3M
NEIGHBORHOOD: SHOPPING CENTER
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
2005
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.83 ac
Current owner
From public records · entity-resolved
Krishna Nitin Investment LLC
Entity
Mailing address
1312 OLD COVINGTON HWY SE, CONYERS, GA 30012-5430
Ownership since
2011
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
Oct 7, 2016
—
Krishna Nitin Investment LLC
—
Deed
related
$3,250,000 · Silverpeak R/e Fin
Jun 14, 2011
$2,225,000
Krishna Nitin Investment LLC
Crown Ventures Ents INC
Limited Warranty Deed
$1,825,000 · Peoples Bk
Jun 17, 1999
$350,000
K & R Ventures INC
Head,j R
Grant Deed
—
—
—
Krishna Nitin Investment LLC
—
Deed Of Trust
related
$3,250,000 · Silverpeak R/e Fin
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
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