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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Grocery and convenience stores
1340 Klondike SW Rd Conyers, GA 30094-5102
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US22-1127779
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2009
Construction
STEEL FRAME
Total area
4,514 SF
Lot
2.2 ac (95,832 SF)
Zoning code
BG
APN
C04-0-01-0003
UPID
US22-1127779
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
-
Wells Fargo ATM Atm
-
QuikTrip Gas Station
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$495k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$652k
Blend (final)
Blend
$575k
Owner & transaction history
Al Madinah LLC · 16 yrs held
Al Madinah LLC
since 2009
5 recorded transactions
Zoning & alternative use
BG · Conyers, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the BG District is to provide suitable areas for the various types of community and regional oriented commercial activities including retail uses and wholesale uses, serving a large sector of the community, BG Districts are intended to be located along arterial streets and at locations that are appropriate for community and regional commercial…
Zone name
General Business
General category
COMMERCIAL
Zone area
349.14 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$515,000
+92.0%
Office building
$505,000
+88.9%
Retail stores
$405,000
+50.2%
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
$495,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$515,000
Change: +92% · Conversion: Easy
OFFICE BUILDING
$505,000
Change: +89% · Conversion: Moderate
RETAIL STORES
$405,000
Change: +50% · Conversion: Easy
MEDICAL BUILDING
$390,000
Change: +45% · Conversion: Difficult
AUTO REPAIR, GARAGE
$390,000
Change: +45% · Conversion: Difficult
Blend value · Realmo final
$575k
Range $518k – $633k · ±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
$127 / 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
$55,288
Tax year 2023
Assessed value
$995,908
Assessed 2023
Previous assessed
$995,908
+0.0% YoY
Effective rate
5.55%
On assessed value
Assessed land
$245,200
Assessed improvement
$750,708
Land market value
$613,000
Improvement market value
$1,876,770
Total market value
$2,489,770
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2009
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Total area
4,514 SF
Lot
2.2 ac (95,832 SF)
Zoning code
BG
APN
C04-0-01-0003
UPID
US22-1127779
Jurisdiction
ROCKDALE
Zoning & alternative use
BG · Conyers, GAZoning BG · permitted uses
BG · Conyers, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the BG District is to provide suitable areas for the various types of community and regional oriented commercial activities including retail uses and wholesale uses, serving a large sector of the community, BG Districts are intended to be located along arterial streets and at locations that are appropriate for community and regional commercial areas, as opposed to locations that primarily serve local neighborhoods
Zone name
General Business
General category
COMMERCIAL
Zone area
349.14 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$515,000
OFFICE BUILDING
Est. value
$505,000
RETAIL STORES
Est. value
$405,000
MEDICAL BUILDING
Est. value
$390,000
AUTO REPAIR, GARAGE
Est. value
$390,000
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
MEDICAL BUILDING
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
2009
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
2.2 ac
Current owner
From public records · entity-resolved
Al Madinah LLC
Entity
Mailing address
PO BOX 3475, TULSA, OK 74101-3475
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 7, 2021
—
Al Madinah LLC
—
Deed
related
$15,000,000 · First Fidelity Bank
Sep 17, 2009
$1,060,000
Al Madinah LLC
Quiktrip Corp
Grant Deed
$1,912,500 · First Fidelity Bank NA
Dec 11, 2008
$1,060,000
Quiktrip Corp
Holt,ramona James
Grant Deed
—
—
—
Al-madinah LLC
—
Deed Of Trust
related
—
—
—
Al-madinah LLC
—
Deed Of Trust
related
$2,117,810 · First Fidelity Bank NA
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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