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Property profile & analytics
OFF-MARKET
Estimated value
$13,500,000
Grocery and convenience stores
1337 Virginia Ave East Point, GA 30344-5213
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US22-1490571
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2019
Construction
WOOD
Total area
1,880 SF
Lot
0.6 ac (26,223 SF)
Zoning code
CL
APN
14 013000080774
UPID
US22-1490571
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$13.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.50M
Owner & transaction history
Circle Investments LLC · 1 yrs held
Circle Investments LLC
since 2024
Last sale
$13.5M
7 recorded transactions
Zoning & alternative use
CL · East Point, 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 East Point submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Point 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
$13,500,000
ML approach
$13,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$13.50M
Range $12.15M – $14.85M · ±10% · vs last sale $13.50M (Nov 15 2024)
Last sale anchor
$13.50M
Nov 15 2024
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
$7,181 / 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
$10,192
Tax year 2023
Assessed value
$306,760
Assessed 2023
Previous assessed
$306,760
+0.0% YoY
Effective rate
3.32%
On assessed value
Assessed land
$82,680
Assessed improvement
$224,080
Land market value
$206,700
Improvement market value
$560,200
Total market value
$766,900
Applied tax rate
20.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2019
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
1,880 SF
Lot
0.6 ac (26,223 SF)
Zoning code
CL
APN
14 013000080774
UPID
US22-1490571
Jurisdiction
FULTON
Zoning & alternative use
CL · East Point, GA
Zoning CL · permitted uses
CL · East Point, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Point. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2019
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.6 ac
Current owner
From public records · entity-resolved
Circle Investments LLC
Entity
Mailing address
1337 VIRGINIA AVE, EAST POINT, GA 30344-5213
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2024
$13,500,000
Circle Investments LLC
Swift Stop INC
Warranty Deed
—
Nov 15, 2024
—
Circle Investments LLC
Swift Stop INC
Quitclaim Deed
related
—
Nov 20, 2023
—
Swift Stop INC
—
Deed
related
$3,500,000 · Georgia Primary Bank
Nov 28, 2018
—
Swift Stop INC
—
Deed
related
$3,703,000 · Ameris Bk
—
—
Swift Stop INC
—
Deed Of Trust
related
$3,703,000 · Ameris Bk
—
—
Swift Stop INC
—
Loan Modification
related
$2,398,334 · State Bank & Trust
—
—
Swift Stop INC
—
Deed Of Trust
related
$2,200,000 · Neighbors Bk
—
—
Swift Stop INC
—
Deed Of Trust
related
$1,983,667 · State Bank & Trust
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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