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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Retail space
1523 Zebulon Rd Griffin, GA 30224-5153
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-1817214
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2002
Construction
STEEL FRAME
Total area
8,125 SF
Lot
1.18 ac (51,401 SF)
Zoning code
C1
APN
233 -03-004-D
UPID
US22-1817214
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
-
Western Union Bank Credit Union
-
Dollar General Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$490k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$505k
Owner & transaction history
Fb Ventures LLC · 3 yrs held
Fb Ventures LLC
since 2023
Last sale
$480,000
7 recorded transactions
Zoning & alternative use
C1 · Griffin, 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 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
$570,000
ML approach
$490,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$505k
Range $455k – $556k · ±10% · vs last sale $480k (Apr 28 2023)
Last sale anchor
$480k
Apr 28 2023
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
$62 / 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
$16,882
Tax year 2023
Assessed value
$522,160
Assessed 2023
Previous assessed
$522,160
+0.0% YoY
Effective rate
3.23%
On assessed value
Assessed land
$82,242
Assessed improvement
$439,918
Land market value
$205,604
Improvement market value
$1,099,796
Total market value
$1,305,400
Applied tax rate
3.0000
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
2002
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Total area
8,125 SF
Lot
1.18 ac (51,401 SF)
Zoning code
C1
APN
233 -03-004-D
UPID
US22-1817214
Jurisdiction
SPALDING
Zoning & alternative use
C1 · Griffin, GAZoning C1 · permitted uses
C1 · Griffin, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2002
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Lot
1.18 ac
Current owner
From public records · entity-resolved
Fb Ventures LLC
Entity
Mailing address
3910 EMBASSY WAY, LILBURN, GA 30047-7828
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2023
$480,000
Fb Ventures LLC
Nandkishor 1001 LLC
Warranty Deed
$379,224 · American Commercial Bank
Sep 2, 2020
$375,000
Nandkishor 1001 LLC
Lawrence Richard Berman
Warranty Deed
$308,605 · Bank Of Eastman
Jan 25, 2018
$445,000
Lawrence Berman
Evans,albert L
Grant Deed
—
Oct 13, 2017
—
Alberte L Evans
Evans,cassandra B
Quit Claim Deed
related
—
May 6, 2011
—
Albert L Evans
Evans,albert L
Quit Claim Deed
related
—
Apr 28, 2011
—
Albert L Evans
Evans,albert L
Quit Claim Deed
related
—
—
—
Albert L Evans
—
Deed Of Trust
related
$200,000 · Calvin Hill
—
—
Albert L Evans
—
Deed Of Trust
related
$249,000 · Cherokee Bank NA
—
—
Albert L Evans
—
Deed Of Trust
related
$200,000 · Calvin Hill
—
—
Albert L Evans
—
Loan Modification
related
$34,913 · Cherokee Bank NA
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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