Back to Search
Property profile & analytics
FOR SALE
Drive through restaurants
1530 Georgia Highway 16 W Griffin, GA 30223
Individually Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-2774487
For Sale
1 / 60
$1,500,000
1530 Georgia Highway 16 W, Griffin, GA 30223
View Listing →
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2005
Construction
WOOD
Total area
2,912 SF
Lot
1.08 ac (47,045 SF)
Zoning code
LDRB
APN
055 -03-008-C
UPID
US22-2774487
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Andrew H Smith · 13 yrs held
Andrew H Smith
since 2013
7 recorded transactions
Zoning & alternative use
LDRB · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$18,813
Tax year 2023
Assessed value
$487,573
Assessed 2023
Previous assessed
$487,573
+0.0% YoY
Effective rate
3.86%
On assessed value
Assessed land
$188,180
Assessed improvement
$299,393
Land market value
$470,450
Improvement market value
$748,482
Total market value
$1,218,932
Applied tax rate
6.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
For Sale
Year built
2005
Construction
WOOD
Heating
YES
Cooling
YES
Total area
2,912 SF
Lot
1.08 ac (47,045 SF)
Zoning code
LDRB
APN
055 -03-008-C
UPID
US22-2774487
Jurisdiction
SPALDING
Zoning & alternative use
LDRB · Griffin, GA
Zoning LDRB · permitted uses
LDRB · Griffin, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Griffin. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2005
Construction
WOOD
Heating
YES
Cooling
Yes
Lot
1.08 ac
Current owner
From public records · entity-resolved
Andrew H Smith
Individual
Mailing address
299 TRINITY RD, THOMASTON, GA 30286-6840
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 2, 2025
—
Andrew Hollis Smith
—
Deed
related
$894,622 · Aw Scudder
Jul 26, 2024
—
Andrew Hollis Smith
—
Deed
related
$46,636 · Aw Scudder
Nov 23, 2020
—
Andrew H Smith
—
Deed
related
$731,130 · Scudder Eleanor J (es)
Mar 1, 2013
$885,000
Andrew H Smith
Scudder,arch & Eleanor J
Quit Claim Deed
related
$800,000 · Arch A & Eleanor J Scudder
Feb 26, 2013
$885,000
Andrew Hollis Smith
Scudder,arch
Grant Deed
$800,000 · Arch Scudder
Jan 22, 2010
$180,000
Arch A Scudder
Tax Commissioner & Ex Officio
Tax Deed
—
Mar 26, 2008
$1,140,000
Cit Small Business Lending Corp
Prime Burger LLC
Trustees Deed
related
—
—
—
Andrew H Smith
—
Deed Of Trust
related
$731,130 · Scudder Eleanor J (es)
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?”
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.
