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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Retail space
1405 Butler Ave Tybee Island, GA 31328
Entity Owned
10-yr Hold
Property ID
US22-0834028
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1928
Construction
FRAME
Total area
3,571 SF
Lot
0.32 ac (13,852 SF)
Zoning code
C1
APN
4-0007 -17-003
UPID
US22-0834028
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
-
Seaweed's Sno-Balls and Ice Cream Grocery & Convenience Store Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$385k
CAP Approach
CAP
$625k
Comparable Approach
Comparable
$552k
Blend (final)
Blend
$520k
Owner & transaction history
Rjr Tybee Properties LLC · 10 yrs held
Rjr Tybee Properties LLC
since 2016
2 recorded transactions
Zoning & alternative use
C1 · Tybee Island, 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 Tybee Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tybee Island 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
$385,000
CAP Approach
CAP Return
Estimation
6%
$675,000
6.5%
$625,000
7%
$580,000
Blend value · Realmo final
$520k
Range $494k – $790k
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
$146 / 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
Property tax & assessments
Assessed value
$519,600
Assessed 2024
Previous assessed
$535,120
-2.9% YoY
Assessed land
$360,200
Assessed improvement
$159,400
Land market value
$900,500
Improvement market value
$398,500
Total market value
$1,299,000
Applied tax rate
4.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1928
Construction
FRAME
Heating
FORCED AIR
Buildings
2
Stories
1
Bathrooms
1
Total area
3,571 SF
Lot
0.32 ac (13,852 SF)
Zoning code
C1
APN
4-0007 -17-003
UPID
US22-0834028
Jurisdiction
CHATHAM
Zoning & alternative use
C1 · Tybee Island, GAZoning C1 · permitted uses
C1 · Tybee Island, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1928
Construction
FRAME
Heating
FORCED AIR
Stories
1
Buildings
2
Bathrooms
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Rjr Tybee Properties LLC
Entity
Mailing address
126 LAGUNA WAY, SAVANNAH, GA 31405-0003
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 11, 2016
$1,360,000
Rjr Tybee Properties LLC
14th & Butler LLC
Warranty Deed
$1,160,000 · S Bank
Jul 29, 2011
—
14th & Butler LLC
Mildred V Jolley
Deed
—
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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