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Property profile & analytics
FOR SALE
Day care centers
1721 Athens Hwy Grayson, GA 30017
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US22-1466149
For Sale
1 / 2
$510,000
1721 Athens Hwy, Grayson, GA 30017
View Listing →
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2004
Construction
WOOD
Total area
8,950 SF
Lot
1.02 ac (44,431 SF)
Zoning code
BG-GENERAL BUSINESS
APN
5-069 -266
UPID
US22-1466149
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$380k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$644k
Blend (final)
Blend
$510k
Owner & transaction history
Devechio Capital LLC · 4 yrs held
Devechio Capital LLC
since 2021
4 recorded transactions
Zoning & alternative use
BG-GENERAL BUSINESS · Grayson, 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 Grayson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grayson 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
$380,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
$57 / 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
$16,642
Tax year 2023
Assessed value
$518,440
Assessed 2023
Previous assessed
$518,440
+0.0% YoY
Effective rate
3.21%
On assessed value
Assessed land
$85,320
Assessed improvement
$433,120
Land market value
$213,300
Improvement market value
$1,082,800
Total market value
$1,296,100
Applied tax rate
10.0000
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
For Sale
Year built
2004
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Total area
8,950 SF
Lot
1.02 ac (44,431 SF)
Zoning code
BG-GENERAL BUSINESS
APN
5-069 -266
UPID
US22-1466149
Jurisdiction
GWINNETT
Zoning & alternative use
BG-GENERAL BUSINESS · Grayson, GA
Zoning BG-GENERAL BUSINESS · permitted uses
BG-GENERAL BUSINESS · Grayson, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grayson. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.02 ac
Current owner
From public records · entity-resolved
Devechio Capital LLC
Entity
Mailing address
1741 ATHENS HWY, GRAYSON, GA 30017-1532
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2021
$650,000
Devechio Capital LLC
Ag Pro Real Estate Investments LLC
Warranty Deed
$499,000 · Affinity Bank
May 3, 2013
$1,836,000
Montessori 21 LLC
Ridgecliff LLC
Grant Deed
$929,500 · Oconee State Bank
Mar 5, 2013
$1,026,500
Ridgecliff LLC
Cruse Commons LLC
Grant Deed
$1,268,692 · Edd Price
Sep 7, 2004
$1,023,800
Cruse Commons LLC
78 Ents INC
Grant Deed
—
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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