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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
1609 Milstead NE Rd Conyers, GA 30012-3737
Entity Owned
16-yr Hold
Absentee Owner
Property ID
US22-0699066
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2004
Construction
STEEL FRAME
Total area
7,100 SF
Lot
3.23 ac (140,699 SF)
Zoning code
OI
APN
067-0-01-0005
UPID
US22-0699066
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
-
Fitness:1440 Conyers Gym & Fitness Center
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
Sallfine LLC · 16 yrs held
Sallfine LLC
since 2010
7 recorded transactions
Zoning & alternative use
OI · 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
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
$8,441
Tax year 2023
Assessed value
$186,880
Assessed 2023
Previous assessed
$186,880
+0.0% YoY
Effective rate
4.52%
On assessed value
Assessed land
$86,440
Assessed improvement
$100,440
Land market value
$216,100
Improvement market value
$251,100
Total market value
$467,200
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
2004
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Stories
1
Rooms
5
Bathrooms
1
Total area
7,100 SF
Lot
3.23 ac (140,699 SF)
Zoning code
OI
APN
067-0-01-0005
UPID
US22-0699066
Jurisdiction
ROCKDALE
Zoning & alternative use
OI · Conyers, GA
Zoning OI · permitted uses
OI · 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
2004
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Rooms
5
Bathrooms
1
Lot
3.23 ac
Current owner
From public records · entity-resolved
Sallfine LLC
Entity
Mailing address
1538 CHANTILLY DR NE APT #124, ATLANTA, GA 30324-3244
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 20, 2018
—
Sallfine LLC
—
Deed
related
$337,833 · United Cmnty Bk
Apr 30, 2010
$576,269
Sallfine LLC
Abbott,hilda S
Grant Deed
$462,215 · United Community Bank
Oct 9, 2008
$262,000
Hilda S Abbott
Abbott,danny G
Grant Deed
related
—
Mar 26, 2004
—
Abbott,danny G & Hilda S
Peek,evelyn
Quit Claim Deed
related
—
—
—
Abbott,danny G & Hilda S
—
Deed Of Trust
related
$360,000 · United Cmnty Bk
—
—
Abbott,danny G & Hilda S
—
Deed Of Trust
related
$810,000 · Liberty Nat'l Bk
—
—
Sallfine LLC
—
Loan Modification
related
$337,833 · United Cmnty Bk
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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