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Property profile & analytics
OFF-MARKET
Estimated value
$2,285,000
Retail space
1420 Hwy 138th SE Conyers, GA 30013-1275
Entity Owned
2-yr Hold
Free & Clear
Property ID
US22-4187894
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2015
Construction
WOOD
Total area
4,120 SF
Lot
0.57 ac (24,829 SF)
Zoning code
C2
APN
075-0-01-013C
UPID
US22-4187894
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.29M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.29M
Owner & transaction history
Georgia State Dept Of Transportatio · 2 yrs held
Georgia State Dept Of Transportatio
since 2024
Last sale
$2.3M
5 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
$2,285,000
ML approach
$2,285,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.29M
Range $2.06M – $2.51M · ±10% · vs last sale $2.29M (Feb 28 2024)
Last sale anchor
$2.29M
Feb 28 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
$555 / 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
$24,514
Tax year 2023
Assessed value
$617,640
Assessed 2023
Previous assessed
$617,640
+0.0% YoY
Effective rate
3.97%
On assessed value
Assessed land
$96,000
Assessed improvement
$521,640
Land market value
$240,000
Improvement market value
$1,304,100
Total market value
$1,544,100
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2015
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Bathrooms
1
Total area
4,120 SF
Lot
0.57 ac (24,829 SF)
Zoning code
C2
APN
075-0-01-013C
UPID
US22-4187894
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.
Building & site characteristics
From public records
Year built
2015
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.57 ac
Current owner
From public records · entity-resolved
Georgia State Dept Of Transportatio
Entity
Free & Clear · 2 yrs held
Mailing address
1420 HWY 138TH SE, CONYERS, GA 30013-1275
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2024
—
Georgia State Dept Of Transportatio
Mattress Firm INC
Quit Claim Deed
related
—
Feb 27, 2024
—
Georgia State Dept Of Transportatio
Albert T Meena Trust
Quit Claim Deed
related
—
Oct 14, 2015
$2,285,000
Meena,donald P & L B Trust
Mf Conyers II LLC
Grant Deed
—
Jan 20, 2015
$525,000
Mf Conyers II LLC
Waffle House INC
Grant Deed
—
Jan 20, 2015
—
Mf Conyers II LLC
Waffle House INC
Quit Claim Deed
related
$1,433,229 · Centennial Bk
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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