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Property profile & analytics
OFF-MARKET
Estimated value
$3,880,000
Drive through restaurants
1536 Hwy 138th SE Conyers, GA 30013-1277
Entity Owned
5-yr Hold
Free & Clear
Property ID
US22-0962376
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2020
Construction
CONCRETE
Total area
4,735 SF
Lot
2.11 ac (91,912 SF)
Zoning code
GVUV
APN
075-0-01-012P
UPID
US22-0962376
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
-
Chick-fil-A Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.57M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.74M
Blend (final)
Blend
$3.88M
Owner & transaction history
Congeorge LLC · 5 yrs held
Congeorge LLC
since 2021
Last sale
$4.1M
5 recorded transactions
Zoning & alternative use
GVUV · Conyers, 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 Conyers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conyers 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
$3,675,000
ML approach
$3,565,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.88M
Range $3.49M – $4.27M · ±10% · vs last sale $4.14M (Apr 1 2021)
Last sale anchor
$4.14M
Apr 1 2021
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
$819 / 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
$49,038
Tax year 2023
Assessed value
$880,000
Assessed 2023
Previous assessed
$880,000
+0.0% YoY
Effective rate
5.57%
On assessed value
Assessed land
$170,429
Assessed improvement
$709,571
Land market value
$426,073
Improvement market value
$1,773,927
Total market value
$2,200,000
Applied tax rate
2.0000
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
Off-Market
Year built
2020
Construction
CONCRETE
Heating
YES
Cooling
YES
Total area
4,735 SF
Lot
2.11 ac (91,912 SF)
Zoning code
GVUV
APN
075-0-01-012P
UPID
US22-0962376
Jurisdiction
ROCKDALE
Zoning & alternative use
GVUV · Conyers, GA
Zoning GVUV · permitted uses
GVUV · Conyers, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Conyers. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2020
Construction
CONCRETE
Heating
YES
Cooling
Yes
Lot
2.11 ac
Current owner
From public records · entity-resolved
Congeorge LLC
Entity
Free & Clear · 5 yrs held
Mailing address
222 GRAND AVE, ENGLEWOOD, NJ 07631-4352
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2021
$4,142,000
Congeorge LLC
1536 Hwy 138 Se LLC
Special Warranty Deed
—
Nov 10, 2020
—
1536 Hwy 138 Se LLC
Store Master Funding Xiv LLC
Correction Deed
related
—
May 16, 2018
$2,343,748
Three Ring Remainder I LLC
Circus Property I LLC
Grant Deed
related
—
Sep 24, 2013
—
Circus Property I LLC
Circus Property II LLC
Quit Claim Deed
related
—
—
—
Circus Property II LLC
—
Loan Modification
$11,743,901 · Cef Fndg II LLC
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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