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Property profile & analytics
OFF-MARKET
Estimated value
$2,020,000
Retail space
1705 Hwy 138th SW Riverdale, GA 30296-1921
Trust Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1514476
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2020
Construction
FRAME
Total area
8,096 SF
Lot
4.91 ac (213,662 SF)
Zoning code
GB
APN
13-186C- B-011
UPID
US22-1514476
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
-
Dollar General Discount Store
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.18M
CAP Approach
CAP
$1.75M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.02M
Owner & transaction history
Exchangeright,net Leased Portf Trust · 5 yrs held
Exchangeright,net Leased Portf Trust
since 2020
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
GB · Riverdale, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.3M
+147.2%
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 Riverdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riverdale 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
$2,390,000
ML approach
$2,180,000
CAP Approach
CAP Return
Estimation
6%
$1,900,000
6.5%
$1,750,000
7%
$1,625,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,300,000
Change: +147% · Conversion: Difficult
Blend value · Realmo final
$2.02M
Range $1.82M – $2.22M · ±10% · vs last sale $1.89M (Jul 10 2020)
Last sale anchor
$1.89M
Jul 10 2020
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
$250 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$22,176
Tax year 2024
Assessed value
$568,440
Assessed 2024
Previous assessed
$573,000
-0.8% YoY
Effective rate
3.90%
On assessed value
Assessed land
$128,200
Assessed improvement
$440,240
Land market value
$320,500
Improvement market value
$1,100,600
Total market value
$1,421,100
Applied tax rate
8.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2020
Construction
FRAME
Heating
NONE
Cooling
YES
Stories
1
Rooms
7
Bathrooms
1
Total area
8,096 SF
Lot
4.91 ac (213,662 SF)
Zoning code
GB
APN
13-186C- B-011
UPID
US22-1514476
Jurisdiction
CLAYTON
Zoning & alternative use
GB · Riverdale, GA
Zoning GB · permitted uses
GB · Riverdale, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Riverdale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$2.3M
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
2020
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
1
Rooms
7
Bathrooms
1
Lot
4.91 ac
Current owner
From public records · entity-resolved
Exchangeright,net Leased Portf Trust
Trust
Mailing address
1055 E COLORADO BLVD STE #310, PASADENA, CA 91106-2374
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Jul 20, 2020
$1,888,585
Exchangeright,net Leased Portf Trust
Sw Riverdale LLC
Grant Deed
related
$20,350,000 · Ameris Bk
Sep 24, 2019
—
Sw Riverdale LLC
Hzu LLC
Quit Claim Deed
related
$1,264,000 · Cadence Bk NA
Sep 24, 2019
$215,000
Sw Riverdale LLC
Hzu LLC
Grant Deed
—
Dec 16, 2013
—
Hzu LLC
Panovka,hilly
Quit Claim Deed
related
—
Nov 13, 2013
$175,100
Hilly Panovka
Will-coven Builders LLC
Trustees Deed
—
Mar 10, 2006
$650,000
Will Coven Builders LLC
Center Of Hope Ministry In
Grant Deed
—
Aug 5, 2005
—
Center Of Hope Ministry INC
Wilson,dallas C
Quit Claim Deed
related
—
Jul 5, 2005
—
Wilson,dallas C
Multi Concepts LLC
Warranty Deed
—
Jun 15, 2005
—
Multi Concepts LLC
Benjamin,andre
Warranty Deed
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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