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Property profile & analytics
OFF-MARKET
Estimated value
$1,830,000
Automotive properties
1408 Lafayette Pkwy, Lagrange, GA 30241-2580
Entity Owned
~
Est. High Equity
Property ID
US22-2310863
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1995
Total area
14,410 SF
Lot
3.07 ac (133,729 SF)
Zoning code
16- CR-MX
APN
0393B008012
UPID
US22-2310863
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
-
Mike Patton Chry Ply Dod Eag-Jeep Car Dealership
-
Mike Patton Chrysler Dodge Jeep RAM Service Center Auto Repair Shop
-
Mike Patton Chrysler Dodge Jeep RAM Parts Center Auto Parts Store
-
Mike Patton Chrysler Dodge Jeep RAM Car Dealership Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.09M
Blend (final)
Blend
$1.83M
Owner & transaction history
MIKE PATTON REAL EST III LL
MIKE PATTON REAL EST III LL
Zoning & alternative use
16- CR-MX · Lagrange, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.2M
+16.4%
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 Lagrange submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lagrange 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
AUTO REPAIR, GARAGE
$1,900,000
Current use
OFFICE BUILDING
$2,210,000
Change: +16% · Conversion: Difficult
RETAIL STORES
$1,570,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$1.83M
Range $1.65M – $2.01M · ±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
$22,005
Tax year 2023
Assessed value
$806,840
Assessed 2023
Previous assessed
$806,840
+0.0% YoY
Effective rate
2.73%
On assessed value
Assessed land
$342,800
Assessed improvement
$464,040
Land market value
$857,000
Improvement market value
$1,160,100
Total market value
$2,017,100
Applied tax rate
16.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1995
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
5
Total area
14,410 SF
Lot
3.07 ac (133,729 SF)
Zoning code
16- CR-MX
APN
0393B008012
UPID
US22-2310863
Jurisdiction
TROUP
Zoning & alternative use
16- CR-MX · Lagrange, GA
Zoning 16- CR-MX · permitted uses
16- CR-MX · Lagrange, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lagrange. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$1.9M
OFFICE BUILDING
Est. value
$2.2M
RETAIL STORES
Est. value
$1.6M
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
RETAIL STORES
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
1995
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
5
Lot
3.07 ac
Current owner
From public records · entity-resolved
MIKE PATTON REAL EST III LL
Individual
Mailing address
PO BOX 3522, LAGRANGE, GA 30241-0072
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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