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Property profile & analytics
OFF-MARKET
Estimated value
$1,085,000
Assisted living facilities
1600 Lee Rd Lithia Springs, GA 30122-3057
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-0028602
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1996
Construction
WOOD FRAME
Total area
37,018 SF
Lot
4.51 ac (196,456 SF)
Zoning code
OI-L
APN
0761-18-2- -00001
UPID
US22-0028602
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
-
Legacy Ridge at Sweetwater Creek Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$715k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.09M
Owner & transaction history
Serenity Empire LLC · 2 yrs held
Serenity Empire LLC
since 2023
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
OI-L · Lithia Springs, 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 Lithia Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lithia Springs 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
$935,000
ML approach
$715,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,425,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$1.09M
Range $977k – $1.19M · ±10% · vs last sale $1.34M (Oct 3 2023)
Last sale anchor
$1.34M
Oct 3 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
$29 / 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
$78,871
Tax year 2023
Assessed value
$2,480,000
Assessed 2023
Previous assessed
$2,480,000
+0.0% YoY
Effective rate
3.18%
On assessed value
Assessed land
$165,080
Assessed improvement
$2,314,920
Land market value
$412,700
Improvement market value
$5,787,300
Total market value
$6,200,000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1996
Construction
WOOD FRAME
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Total area
37,018 SF
Lot
4.51 ac (196,456 SF)
Zoning code
OI-L
APN
0761-18-2- -00001
UPID
US22-0028602
Jurisdiction
DOUGLAS
Zoning & alternative use
OI-L · Lithia Springs, GA
Zoning OI-L · permitted uses
OI-L · Lithia Springs, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lithia Springs. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
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
1996
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
4.51 ac
Current owner
From public records · entity-resolved
Serenity Empire LLC
Entity
Mailing address
1600 LEE RD, LITHIA SPRINGS, GA 30122-3057
Mailing matches property
Yes
Owner-occupied
Yes
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
Oct 3, 2023
$1,344,500
Serenity Empire LLC
Bre Knight Sh Sweetwater LLC
Warranty Deed
$1,065,000 · Lia Funding
Mar 19, 2020
—
Bre Knight Sh Ga Owner LLC
Fannie Mae
Quit Claim Deed
related
—
Mar 19, 2020
$352,300
Bre Knight Sh Sweetwater LLC
Bre Knight Sh Ga Owner LLC
Grant Deed
related
—
Nov 14, 2012
$8,581,500
Bre Of Sw Sweetwater Springs LLC
Ma & Ri
Quit Claim Deed
related
—
Aug 4, 2010
—
Bre Sw Sweetwater Springs LLC
Sweetwater,springs Assiste
Quit Claim Deed
related
—
Mar 22, 2007
$132,500
Howells Sweetwater Springs R
Sweetwater Springs Cottages Ll
Warranty Deed
—
Dec 22, 2006
$52,100
Sweetwater Spgs Cottages L Devos
Sweetwater Springs Cottages LLC
Warranty Deed
—
Aug 2, 2006
$4,549,700
Springs Assisted Livi Sweetwater
Iret Properties
Deed Of Trust
$128,334,000 · Column Financial INC
Aug 2, 2006
$100,000
Sweetwater Springs Cot Connors
Sweetwater,springs Cottage
Grant Deed
related
—
Jul 12, 2006
$4,549,609
Springs Assisted Li Sweetwater
Iret Properties
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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