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Property profile & analytics
OFF-MARKET
Estimated value
$850,000
Grocery and convenience stores
1442 Lamar St Americus, GA 31709-3845
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US22-2924233
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1999
Construction
CONCRETE
Total area
11,200 SF
Lot
2.13 ac (92,783 SF)
Zoning code
2
APN
54 2 1
UPID
US22-2924233
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
-
higi Physician
-
Charles Brown, PharmD Pharmacy
-
CDReload - Online Bitcoin ATM Crypto Atm Atm
-
William Tye Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.08M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$850k
Owner & transaction history
Cheokas And Cheokas INC · 6 yrs held
Cheokas And Cheokas INC
since 2020
Last sale
$611,840
2 recorded transactions
Zoning & alternative use
2 · Americus, 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 Americus submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Americus 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
$1,100,000
ML approach
$1,080,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,165,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$1,090,000
Change: 0% · Conversion: Moderate
MEDICAL BUILDING
$945,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$930,000
Change: 0% · Conversion: Easy
AUTO REPAIR, GARAGE
$900,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$735,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$850k
Range $765k – $935k · ±10% · vs last sale $612k (May 26 2020)
Last sale anchor
$612k
May 26 2020
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
$76 / 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
$20,166
Tax year 2023
Assessed value
$457,080
Assessed 2023
Previous assessed
$457,080
+0.0% YoY
Effective rate
4.41%
On assessed value
Assessed land
$200,560
Assessed improvement
$256,520
Land market value
$501,400
Improvement market value
$641,300
Total market value
$1,142,700
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1999
Construction
CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
11,200 SF
Lot
2.13 ac (92,783 SF)
Zoning code
2
APN
54 2 1
UPID
US22-2924233
Jurisdiction
SUMTER
Zoning & alternative use
2 · Americus, GA
Zoning 2 · permitted uses
2 · Americus, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Americus. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$945,000
COMMERCIAL (GENERAL)
Est. value
$930,000
AUTO REPAIR, GARAGE
Est. value
$900,000
RETAIL STORES
Est. value
$735,000
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1999
Construction
CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
2.13 ac
Current owner
From public records · entity-resolved
Cheokas And Cheokas INC
Entity
Mailing address
400 TRIPP ST, AMERICUS, GA 31709-3817
Ownership since
2020
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 26, 2020
$611,840
Cheokas And Cheokas INC
Americus Investments L P
Warranty Deed
$825,000 · Citizens Bank Of Americus
Jul 19, 2012
$1,300,000
Americus Investments LP
The Beil Fam Trust
Warranty 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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