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Property profile & analytics
OFF-MARKET
Estimated value
$7,350,000
Retail space
1448 Old Salem SE Rd Conyers, GA 30013-1626
Entity Owned
20-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-4435138
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2021
Construction
CONCRETE BLOCKS
Total area
38,644 SF
Lot
7.49 ac (326,264 SF)
Zoning code
GVUV
APN
075-0-01-013A
UPID
US22-4435138
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
-
Academy Sports + Outdoors (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.36M
Comparable Approach
Comparable
$9.11M
Blend (final)
Blend
$7.35M
Owner & transaction history
T L Conyers LLC · 20 yrs held
T L Conyers LLC
since 2006
6 recorded transactions
Zoning & alternative use
GVUV · Conyers, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$7.1M
+15.3%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$9,060,000
6.5%
$8,360,000
7%
$7,765,000
Alternative Use
Use
Estimation
RETAIL STORES
$6,175,000
Current use
MEDICAL BUILDING
$7,115,000
Change: +15% · Conversion: Difficult
Blend value · Realmo final
$7.35M
Range $6.62M – $8.09M · ±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
$190 / 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
$177,852
Tax year 2023
Assessed value
$3,322,840
Assessed 2023
Previous assessed
$3,322,840
+0.0% YoY
Effective rate
5.35%
On assessed value
Assessed land
$701,560
Assessed improvement
$2,621,280
Land market value
$1,753,900
Improvement market value
$6,553,200
Total market value
$8,307,100
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
2021
Construction
CONCRETE BLOCKS
Heating
HOT WATER
Cooling
YES
Total area
38,644 SF
Lot
7.49 ac (326,264 SF)
Zoning code
GVUV
APN
075-0-01-013A
UPID
US22-4435138
Jurisdiction
ROCKDALE
Zoning & alternative use
GVUV · Conyers, GA
Zoning GVUV · permitted uses
GVUV · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$6.2M
MEDICAL BUILDING
Est. value
$7.1M
RETAIL STORES Current
MEDICAL 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
2021
Construction
CONCRETE BLOCKS
Heating
HOT WATER
Cooling
Yes
Lot
7.49 ac
Current owner
From public records · entity-resolved
T L Conyers LLC
Entity
Free & Clear · 20 yrs held
Mailing address
1 E OAKHILL DR STE #302, WESTMONT, IL 60559-5540
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
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
Feb 1, 2006
$300,000
T L Conyers LLC
Lionheart Investments INC
Grant Deed
—
Feb 1, 2006
—
T L Conyers LLC
Lionheart Investments INC
Grant Deed
related
—
Jan 11, 2006
$175,000
Lionheart Investments INC
Febble,hill Associates
Grant Deed
—
Jan 11, 2006
—
Lionheart Investments INC
Hadden Hall Prop INC
Grant Deed
related
—
—
—
T-l Conyers LLC
—
Deed Of Trust
related
$7,433,515 · Cole Taylor Bank
—
—
T-l Convers LLC
—
Deed Of Trust
related
$6,292,000 · Cole Taylor Bank
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.
Try Rey
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