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Financial
Distress signals
Property profile

1478 Old Salem SE Rd Conyers, GA 30013

OFF-MARKET
Retail space
Property ID
US22-1440989
77,600 SF 9 ac lot Built 2021
Last sale Aug 2005 · $5,725,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This is a single-tenant, ground-leased retail property located at 1478 Old Salem Road Southeast in Conyers, Georgia. The site is configured for operation as a Floor & Decor retail store under an absolute NNN ground lease structure, with the tenancy established by the existing retail use. The lease framework includes a primary term with approximately 11.5 years remaining, contractual 10.0% rent escalations scheduled every five years, and six five-year renewal options; the stated agreement…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$451k
Tax billed · 2023
Assessed value$8.42M
Assessed land$813k
Assessed improvement$7.60M
Effective rate5.35%

Value estimate

· Oct 2026
$14.78M
$13.30M – $16.26M
CAP approach$16.79M
Submarket $/SF estimate$18.28M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$160/SF
Submarket average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$96 – $236
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
GVUV
JurisdictionROCKDALE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.3
Storage Facility9.2
Electrical Service9.1

Location

1478 Old Salem SE Rd Conyers, GA 30013-1626
County assessor Recorded deeds · 3 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2203 Hwy 20th SE, Conyers, GA 30013-2029 $16,950,000 Sep 2022 94,400 SF
1515 Old Covington NE, Conyers, GA 30013-5001 $2,150,000 Aug 2022 17,228 SF
1410 Dogwood SE, Conyers, GA 30013-5037 $5,200,000 Mar 2022 20,500 SF
1405 Iris SE, Conyers, GA 30013-1715 $2,380,183 Mar 2022 13,800 SF
1680 Dogwood SE, Conyers, GA 30013-5042 $1,000,000 Dec 2021 25,000 SF
3531 Hwy 20th SE, Conyers, GA 30013-2804 $2,950,000 Jun 2021 17,700 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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