Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,925,000
Retail space
1515 Lucky St Griffin, GA 30223-1173
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0364416
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2003
Construction
STEEL FRAME
Total area
19,236 SF
Lot
3.95 ac (172,062 SF)
Zoning code
MDR
APN
069 -04-007
UPID
US22-0364416
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
-
Vet Vaccinations Clinic at Tractor Supply Co. Veterinary Clinic
-
Tractor Supply Co. Pet Store & Service
-
Garden Center at Tractor Supply Garden Center
-
W.F. Young, Inc. (Bike/Boat/Book/etc) Store Pet Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.33M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.33M
Blend (final)
Blend
$2.93M
Owner & transaction history
PEACH LAGNIAPPE LLC · 6 yrs held
PEACH LAGNIAPPE LLC
since 2020
Last sale
$3.0M
1 recorded transaction
Zoning & alternative use
MDR · Griffin, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
It shall be the intent of this zoning district to be reserved for development of medium density residential uses, which is intended to provide a transition between low density and high density residential development districts, The provisions which apply to this district are designed and intended to encourage the formation and continuation of a stable, healt…
Zone name
Medium Density Residential
General category
RESIDENTIAL
Zone area
1,171.58 ac
Source
Realmo
Top alternative use upside
Restaurant
$3.4M
+64.3%
Commercial (general)
$2.6M
+25.3%
Auto repair, garage
$2.2M
+7.4%
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 Griffin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Griffin 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
$2,680,000
ML approach
$2,330,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$2,070,000
Current use
RESTAURANT
$3,405,000
Change: +64% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,595,000
Change: +25% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,225,000
Change: +7% · Conversion: Difficult
MEDICAL BUILDING
$2,210,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$2.93M
Range $2.63M – $3.22M · ±10% · vs last sale $3.00M (Nov 20 2020)
Last sale anchor
$3.00M
Nov 20 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
$152 / 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
$36,853
Tax year 2023
Assessed value
$922,176
Assessed 2023
Previous assessed
$922,176
+0.0% YoY
Effective rate
4.00%
On assessed value
Assessed land
$158,000
Assessed improvement
$764,176
Land market value
$395,000
Improvement market value
$1,910,441
Total market value
$2,305,441
Applied tax rate
1.0000
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
2003
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Total area
19,236 SF
Lot
3.95 ac (172,062 SF)
Zoning code
MDR
APN
069 -04-007
UPID
US22-0364416
Jurisdiction
SPALDING
Zoning & alternative use
MDR · Griffin, GAZoning MDR · permitted uses
MDR · Griffin, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
It shall be the intent of this zoning district to be reserved for development of medium density residential uses, which is intended to provide a transition between low density and high density residential development districts, The provisions which apply to this district are designed and intended to encourage the formation and continuation of a stable, healthy environment for the residents of medium density residential developments
Zone name
Medium Density Residential
General category
RESIDENTIAL
Zone area
1,171.58 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.1M
RESTAURANT
Est. value
$3.4M
COMMERCIAL (GENERAL)
Est. value
$2.6M
AUTO REPAIR, GARAGE
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$2.2M
RETAIL STORES Current
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
2003
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Lot
3.95 ac
Current owner
From public records · entity-resolved
PEACH LAGNIAPPE LLC
Entity
Free & Clear · 6 yrs held
Mailing address
3115 6TH ST, METAIRIE, LA 70002-2044
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 20, 2020
$3,000,000
—
—
—
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1515 Lucky St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
