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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Strip malls
1650 Honey Crk SE Cmns, Conyers, GA 30013-5831
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US22-1612227
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1995
Construction
CONCRETE BLOCKS
Total area
7,686 SF
Lot
0.96 ac (41,818 SF)
Zoning code
C1
APN
080-C-01-003C
UPID
US22-1612227
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
-
Tower Fashion Cleaners (Bike/Boat/Book/etc) Store
-
Multi-Care Holistic Health Center Alternative Medicine Practice
-
Dr. Thomas Johnson Alternative Medicine Practice
-
Dr. Jameelah Gater Pediatrician Physician
-
Born Again Board Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$650k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$556k
Blend (final)
Blend
$620k
Owner & transaction history
Westcroft Properties LLC · 4 yrs held
Westcroft Properties LLC
since 2022
Last sale
$607,000
1 recorded transaction
Zoning & alternative use
C1 · Conyers, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.0M
+113.4%
Commercial (general)
$875,000
+83.2%
Medical building
$750,000
+57.1%
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
Method
Estimation
Statistic approach
$625,000
ML approach
$650,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$480,000
Current use
RESTAURANT
$1,020,000
Change: +113% · Conversion: Difficult
COMMERCIAL (GENERAL)
$875,000
Change: +83% · Conversion: Easy
MEDICAL BUILDING
$750,000
Change: +57% · Conversion: Difficult
RETAIL STORES
$570,000
Change: +19% · Conversion: Easy
AUTO REPAIR, GARAGE
$550,000
Change: +15% · Conversion: Difficult
OFFICE BUILDING
$535,000
Change: +11% · Conversion: Moderate
Blend value · Realmo final
$620k
Range $558k – $682k · ±10% · vs last sale $607k (Mar 7 2022)
Last sale anchor
$607k
Mar 7 2022
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
$81 / 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
$9,637
Tax year 2023
Assessed value
$329,920
Assessed 2023
Previous assessed
$329,920
+0.0% YoY
Effective rate
2.92%
On assessed value
Assessed land
$107,480
Assessed improvement
$222,440
Land market value
$268,700
Improvement market value
$556,100
Total market value
$824,800
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1995
Construction
CONCRETE BLOCKS
Heating
FLOOR/WALL FURNACE
Cooling
CENTRAL
Stories
1
Total area
7,686 SF
Lot
0.96 ac (41,818 SF)
Zoning code
C1
APN
080-C-01-003C
UPID
US22-1612227
Jurisdiction
ROCKDALE
Zoning & alternative use
C1 · Conyers, GA
Zoning C1 · permitted uses
C1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$480,000
RESTAURANT
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$875,000
MEDICAL BUILDING
Est. value
$750,000
RETAIL STORES
Est. value
$570,000
AUTO REPAIR, GARAGE
Est. value
$550,000
OFFICE BUILDING
Est. value
$535,000
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
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
CONCRETE BLOCKS
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
1
Lot
0.96 ac
Current owner
From public records · entity-resolved
Westcroft Properties LLC
Entity
Mailing address
1065 WESTCROFT LN, ROSWELL, GA 30075-6019
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 7, 2022
$607,000
Westcroft Properties LLC
Ed Moore
Warranty Deed
$455,000 · United Community Bank
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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