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    1600 Sam Nunn Blvd Perry, GA 31069-2055

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    1600 Sam Nunn Blvd Perry, GA 31069-2055

    View on Map
    • Drive through restaurants
    • 5,179 SF
    • 1.27 lot acres
    Off-Market
    Last Sale Sep 15, 2021
    $650,000
    Property ID
    US22-1123402
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $610,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Chick-fil-A / Take-out & Catering / Catering Service

    Property Details for 1600 Sam Nunn Blvd

    Year built
    2021
    Construction
    WOOD
    Lot size
    1.27 lot acres
    Property size
    5,179 SF
    Zone code
    C1
    Property type
    Drive through restaurants
    APN
    0P0400 028000
    APU
    0P0400028000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $510,000
      ML approach
      $435,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $805,000
      Market price range: $341k - $890k

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Perry
    County
    Houston
    State
    Georgia
    Longitude
    -83.7464
    Latitude
    32.4746
    CBSA code
    47580
    CBSA name
    WARNER ROBINS, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $16,548
    $265,920
    $181,400
    $447,320
    -
    $664,800
    $453,500
    $1,118,300

    Comparable in this City

    • Value Estimation by Request
      3,150 SF

      322 Perry Pkwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,150 SF
      322 Perry Pkwy, Perry, GA 31069-9256
      View Details
    • Value Estimation
      $795,000
      2,016 SF

      1340 Sam Nunn Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,016 SF
      1340 Sam Nunn Blvd, Perry, GA 31069-2122
      View Details
    • Value Estimation by Request
      2,263 SF

      41 Hay Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,263 SF
      41 Hay Rd, Perry, GA 31069
      View Details
    • Value Estimation by Request
      1,828 SF

      105 Iffie Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,828 SF
      105 Iffie Rd, Perry, GA 31069-3254
      View Details
    • Value Estimation
      $1,515,000
      2,820 SF

      1500 Sam Nunn Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,820 SF
      1500 Sam Nunn Blvd, Perry, GA 31069-2033
      View Details
    • Value Estimation
      $570,000
      2,926 SF

      1504 Sam Nunn Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,926 SF
      1504 Sam Nunn Blvd, Perry, GA 31069-2033
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,492 SF

      Retail Space in Perry Marketplace

      Retail space in a high-traffic shopping center near I-75.
      1363 Sam Nunn Blvd, Perry, GA 31069
      View Details
    • $899,900
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      Versatile Commercial Property in Perry, GA

      Multi-functional commercial property in Downtown Perry's covenanted corridor.
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      New Mixed-Use Development in Perry

      Newly constructed mixed-use property with residential and commercial spaces.
      1013 Northside Dr, Perry, GA 31069
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      2,065 SF

      Prime Commercial Land with Frontage

      Commercial property with road frontage and potential retail/office use.
      1796 Houston Lake Rd, Perry, GA 31069
      View Details
    • $2,950,000
      2.32 Acres

      High-Visibility Commercial Property in Perry

      Large commercial property with redevelopment potential in a high-traffic area.
      1100 Ball St, Perry, GA 31069
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    • $450,000
      1.50 Acres

      Commercial Land on Highway 341

      1.5 acres with high traffic, suitable for various commercial uses.
      Us Highway 341 S, Perry, GA 31069
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    Similar Nearby for Lease

    • Contact for pricing
      3,492 SF

      Retail Space with Drive-Thru

      3,492 SF retail space with drive-thru and outdoor seating.
      1363 Sam Nunn Blvd, Perry, GA 31069
      View Details
    • Contact for pricing
      4,658 SF

      Former Restaurant Space Available

      Restaurant or retail opportunity in Perry, Georgia.
      100 Valley Dr, Perry, GA 31069
      View Details
    • $32 SF/Yr
      13,622 SF

      Perry Creative Office Suites

      Downtown Perry Retail & Office Space Available
      1013 Northside Dr, Perry, GA 31069
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease in Perry, Georgia.
      1506 Sam Nunn Blvd, Perry, GA 31069
      View Details
    • Contact for pricing

      Retail Spaces in New Community

      Retail spaces available in a new live-and-play community.
      1904 Houston Lake Rd, Perry, GA 31069
      View Details
    • Contact for pricing

      Perry Commercial Land Lease Opportunity

      Commercial ground lease opportunity in Perry, Georgia, divisible 1.58 acres.
      1334 Sam Nunn Blvd, Perry, GA 31069
      View Details
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    Perry, GA 31069-2055
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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