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Property profile & analytics
OFF-MARKET
Estimated value
$2,560,000
Grocery and convenience stores
150 Frst Pkwy Forest Park, GA 30297-2020
Entity Owned
10-yr Hold
Free & Clear
Property ID
US22-1828948
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1965
Total area
54,000 SF
Lot
3.15 ac (137,214 SF)
Zoning code
HI
APN
13-053C- B-001
UPID
US22-1828948
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
-
Aleva Trucking & Produce LLC Agricultural Supply Food Market
-
Green Island Farm Food Processing Plant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.83M
Blend (final)
Blend
$2.56M
Owner & transaction history
Ro Investments INC · 10 yrs held
Ro Investments INC
since 2016
3 recorded transactions
Zoning & alternative use
HI · Forest Park, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of the HI district is to allow a land use category for manufacturing, assembling, and fabrication activities including large scale or specialized industrial operations, whose external physical effects will be felt to some degree by surrounding districts
Zone name
Heavy Industrial
General category
INDUSTRIAL
Zone area
417.09 ac
Source
Realmo
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 Forest Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Forest Park 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.56M
Range $2.30M – $2.82M · ±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
$47 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$40,925
Tax year 2024
Assessed value
$1,049,040
Assessed 2024
Previous assessed
$1,047,600
+0.1% YoY
Effective rate
3.90%
On assessed value
Assessed land
$126,000
Assessed improvement
$923,040
Land market value
$315,000
Improvement market value
$2,307,600
Total market value
$2,622,600
Applied tax rate
8.0000
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
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1965
Heating
NONE
Total area
54,000 SF
Lot
3.15 ac (137,214 SF)
Zoning code
HI
APN
13-053C- B-001
UPID
US22-1828948
Jurisdiction
CLAYTON
Zoning & alternative use
HI · Forest Park, GAZoning HI · permitted uses
HI · Forest Park, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of the HI district is to allow a land use category for manufacturing, assembling, and fabrication activities including large scale or specialized industrial operations, whose external physical effects will be felt to some degree by surrounding districts
Zone name
Heavy Industrial
General category
INDUSTRIAL
Zone area
417.09 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1965
Heating
NONE
Lot
3.15 ac
Current owner
From public records · entity-resolved
Ro Investments INC
Entity
Free & Clear · 10 yrs held
Mailing address
150 FRST PKWY, FOREST PARK, GA 30297-2020
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 14, 2016
$2,500,000
Ro Investments INC
Garva Investments INC
Grant Deed
—
Jun 26, 2006
—
Lazo Real Estate INC
Lazo,mario A
Quit Claim Deed
related
—
Jun 26, 2006
$1,892,246
Garva Investments INC
Lazo Real Estate INC
Grant 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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