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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Grocery and convenience stores
1725 Noahs Ark Rd Jonesboro, GA 30236-6143
Individually Owned
19-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0027653
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2002
Total area
3,120 SF
Lot
1.53 ac (66,560 SF)
Zoning code
HI
APN
06-062 -062-021
UPID
US22-0027653
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
-
Shell Gas Station
-
Shell Food Mart Grocery & Convenience Store
-
ATM (Shell Food Mart) Atm Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$315k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$470k
Blend (final)
Blend
$520k
Owner & transaction history
Georgia Alabama Commercial Inv · 19 yrs held
Georgia Alabama Commercial Inv
since 2007
2 recorded transactions
Zoning & alternative use
HI · Jonesboro, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$820,000
+79.6%
Office building
$465,000
+1.9%
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 Jonesboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jonesboro 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
$315,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$455,000
Current use
AUTO REPAIR, GARAGE
$820,000
Change: +80% · Conversion: Difficult
OFFICE BUILDING
$465,000
Change: +2% · Conversion: Moderate
COMMERCIAL (GENERAL)
$430,000
Change: -5% · Conversion: Easy
RETAIL STORES
$405,000
Change: -12% · Conversion: Easy
MEDICAL BUILDING
$400,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$520k
Range $468k – $572k · ±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
$167 / 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
$14,700
Tax year 2024
Assessed value
$376,800
Assessed 2024
Previous assessed
$376,800
+0.0% YoY
Effective rate
3.90%
On assessed value
Assessed land
$133,120
Assessed improvement
$243,680
Land market value
$332,800
Improvement market value
$609,200
Total market value
$942,000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2002
Heating
NONE
Total area
3,120 SF
Lot
1.53 ac (66,560 SF)
Zoning code
HI
APN
06-062 -062-021
UPID
US22-0027653
Jurisdiction
CLAYTON
Zoning & alternative use
HI · Jonesboro, GA
Zoning HI · permitted uses
HI · Jonesboro, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jonesboro. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$455,000
AUTO REPAIR, GARAGE
Est. value
$820,000
OFFICE BUILDING
Est. value
$465,000
COMMERCIAL (GENERAL)
Est. value
$430,000
RETAIL STORES
Est. value
$405,000
MEDICAL BUILDING
Est. value
$400,000
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL 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
2002
Heating
NONE
Lot
1.53 ac
Current owner
From public records · entity-resolved
Georgia Alabama Commercial Inv
Individual
Free & Clear · 19 yrs held
Mailing address
2875 UNIVERSITY PKWY, LAWRENCEVILLE, GA 30043-6752
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2007
—
Georgia Alabama Commercial Inv
Noahs Ark Center LLC
Grant Deed
related
—
—
—
Georgia-alabama Coml Invs LLC
—
Deed Of Trust
related
$1,345,300 · Miscellaneous Ins Co
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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