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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Turn key restaurants
1431 Hwy 11th NW Monroe, GA 30656-4671
Entity Owned
4-yr Hold
Property ID
US22-1476476
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2007
Total area
2,450 SF
Lot
0.99 ac (43,124 SF)
Zoning code
OI
APN
C0900-014
UPID
US22-1476476
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
$600k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$630k
Owner & transaction history
Fraz LLC · 4 yrs held
Fraz LLC
since 2022
Last sale
$625,000
6 recorded transactions
Zoning & alternative use
OI · Monroe, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$535,000
+68.0%
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 Monroe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monroe 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
$635,000
ML approach
$600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$535,000
Change: +68% · Conversion: Moderate
Blend value · Realmo final
$630k
Range $595k – $607k · vs last sale $625k (Jul 21 2022)
Last sale anchor
$625k
Jul 21 2022
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
$257 / 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
$5,642
Tax year 2023
Assessed value
$186,000
Assessed 2023
Previous assessed
$112,320
+65.6% YoY
Effective rate
3.03%
On assessed value
Assessed land
$50,160
Assessed improvement
$135,840
Land market value
$125,400
Improvement market value
$339,600
Total market value
$465,000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2007
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
3
Total area
2,450 SF
Lot
0.99 ac (43,124 SF)
Zoning code
OI
APN
C0900-014
UPID
US22-1476476
Jurisdiction
WALTON
Zoning & alternative use
OI · Monroe, GAZoning OI · permitted uses
OI · Monroe, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$535,000
OFFICE BUILDING
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
2007
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
3
Lot
0.99 ac
Current owner
From public records · entity-resolved
Fraz LLC
Entity
Mailing address
1431 HWY 11TH NW, MONROE, GA 30656-4671
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 21, 2022
$625,000
Fraz LLC
Dbl Dipp LLC
Warranty Deed
$525,000 · Huntington National Bank
Nov 8, 2019
—
Dbl Dipp LLC
—
Deed
related
$585,000 · Cogent Bk
Oct 3, 2005
$440,000
Dbl Dipp LLC
Malcom, N Anderson & Lee
Deed
$440,000 · Athens First Bk&tr
Aug 11, 2005
—
Malcom N Anderson
Malcom,lee P
Quit Claim Deed
related
—
—
—
Dbl Dipp LLC
—
Deed Of Trust
related
$585,000 · Cogent Bk
—
—
Dbl Dipp LLC
—
Deed Of Trust
related
$296,500 · Afb&t
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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