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Property profile & analytics
OFF-MARKET
Estimated value
$1,560,000
Specialty properties
1625 Bankhead Hwy Carrollton, GA 30116-8588
Entity Owned
3-yr Hold
Free & Clear
Property ID
US22-1548571
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1986
Construction
STEEL FRAME
Total area
16,800 SF
Lot
4.4 ac (191,664 SF)
Zoning code
C2
APN
C05-031-0034
UPID
US22-1548571
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
-
Freedom Drive-In on Bankhead Cinema Theater & Performing Art Venue
-
Venue 1625 Hotel & Motel Resort
-
The Carrollton Forum Music Venue Bar & Pub
-
Carrollton Fair Fairground
-
Veterans of Foreign Wars Advocacy Group Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.78M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.56M
Owner & transaction history
Knjm Investments LLC · 3 yrs held
Knjm Investments LLC
since 2023
Last sale
$1.4M
6 recorded transactions
Zoning & alternative use
C2 · Carrollton, 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 Carrollton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carrollton 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
$1,765,000
ML approach
$1,780,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$2,210,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,195,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$1,995,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,480,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,165,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$1.56M
Range $1.40M – $1.72M · ±10% · vs last sale $1.35M (Feb 16 2023)
Last sale anchor
$1.35M
Feb 16 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
$93 / 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
Assessed value
$659,607
Assessed 2023
Previous assessed
$659,607
+0.0% YoY
Assessed land
$88,000
Assessed improvement
$571,607
Land market value
$220,000
Improvement market value
$1,429,018
Total market value
$1,649,018
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
1986
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
5
Total area
16,800 SF
Lot
4.4 ac (191,664 SF)
Zoning code
C2
APN
C05-031-0034
UPID
US22-1548571
Jurisdiction
CARROLL
Zoning & alternative use
C2 · Carrollton, GA
Zoning C2 · permitted uses
C2 · Carrollton, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Carrollton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$2.0M
WAREHOUSE, STORAGE
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.2M
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
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
1986
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Buildings
5
Lot
4.4 ac
Current owner
From public records · entity-resolved
Knjm Investments LLC
Entity
Free & Clear · 3 yrs held
Mailing address
325 S CRST DR, BREMEN, GA 30110
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 16, 2023
$1,350,000
Knjm Investments LLC
Veterans Of Foreign Wars Of Un Stat
Limited Warranty Deed
—
Feb 10, 2020
—
Veterans Of Foreign Wars & The Us D
James Connor Vfw Post 7404 INC
Warranty Deed
related
—
Mar 3, 2008
—
Vfw Post 7404
First National Bank Of Georgia
Quit Claim Deed
related
$101,544 · First National Bank Georgia
Feb 1, 2008
—
Vfw Post 7404 INC
West,georgia Agricultural
Grant Deed
related
—
—
—
Vfw Post 7404
—
Loan Modification
related
$60,581 · First National Bank Georgia
—
—
James,conner Vfw Post 7404 INC
—
Deed Of Trust
related
$101,544 · Canyon State Cu
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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