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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Grocery and convenience stores
1601 Williamson Rd, Griffin, GA 30224-3932
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US22-4754022
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1995
Construction
WOOD
Total area
2,800 SF
Lot
1.41 ac (61,420 SF)
Zoning code
HDR-B
APN
054E-02-005
UPID
US22-4754022
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
-
Hot Stuff Pizza Restaurant
-
ATM (ATM Link, Inc.) Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$345k
CAP Approach
CAP
$690k
Comparable Approach
Comparable
$506k
Blend (final)
Blend
$515k
Owner & transaction history
J V Prop Invest INC · 20 yrs held
J V Prop Invest INC
since 2006
7 recorded transactions
Zoning & alternative use
HDR-B · 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
by Request
ML approach
$345,000
CAP Approach
CAP Return
Estimation
6%
$750,000
6.5%
$690,000
7%
$645,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$370,000
Change: 0% · Conversion: Easy
OFFICE BUILDING
$325,000
Change: 0% · Conversion: Moderate
Blend value · Realmo final
$515k
Range $464k – $567k · ±10%
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
$184 / 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
$12,132
Tax year 2023
Assessed value
$303,591
Assessed 2023
Previous assessed
$303,591
+0.0% YoY
Effective rate
4.00%
On assessed value
Assessed land
$174,600
Assessed improvement
$128,991
Land market value
$436,500
Improvement market value
$322,477
Total market value
$758,977
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1995
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
2
Total area
2,800 SF
Lot
1.41 ac (61,420 SF)
Zoning code
HDR-B
APN
054E-02-005
UPID
US22-4754022
Jurisdiction
SPALDING
Zoning & alternative use
HDR-B · Griffin, GA
Zoning HDR-B · permitted uses
HDR-B · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$370,000
OFFICE BUILDING
Est. value
$325,000
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1995
Construction
WOOD
Heating
YES
Cooling
Yes
Buildings
2
Lot
1.41 ac
Current owner
From public records · entity-resolved
J V Prop Invest INC
Entity
Mailing address
1601 WILLIAMSON RD, GRIFFIN, GA 30224-3932
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2016
—
J V Properties Investment INC
—
Deed
related
—
Nov 19, 2008
—
J V Properties Investment INC
—
Trustees Deed
related
$35,000 · Heritage Bank
May 8, 2006
$1,100,000
J V Prop Invest INC
Rogers & Hellgeth LLC
Warranty Deed
$997,500 · Heritage Bank
May 2, 2006
$1,100,000
J V Properties Investment INC
Rogers Hellgeth LLC
Grant Deed
—
—
—
J V Properties Investment INC
—
Deed Of Trust
related
$25,000 · Heritage Bank
—
—
Jv Properties Investment INC
—
Loan Modification
related
$35,000 · Heritage Bank
—
—
Jv Properties Investment INC
—
Loan Modification
related
$35,000 · Heritage Bank
—
—
J V Properties Investment INC
—
Loan Modification
related
$35,000 · Heritage Bank
—
—
J V Properties Investment INC
—
Loan Modification
related
—
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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