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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
1735 Lexington Rd Athens, GA 30605-2329
Entity Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1097030
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1959
Construction
STEEL FRAME
Total area
3,290 SF
Lot
1.98 ac (86,249 SF)
Zoning code
C-G
APN
17-2-D -013
UPID
US22-1097030
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
-
LibertyX Bitcoin ATM Atm
-
BP Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Petro Ventures LLC · 9 yrs held
Petro Ventures LLC
since 2017
4 recorded transactions
Zoning & alternative use
C-G · Athens, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is designed to stabilize, improve and protect the characteristics of those areas providing commercial commodities and services
Zone name
Commercial General
General category
COMMERCIAL
Zone area
2,661.56 ac
Source
Realmo
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 Athens submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Athens 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$9,125
Tax year 2023
Assessed value
$291,995
Assessed 2023
Previous assessed
$291,995
+0.0% YoY
Effective rate
3.13%
On assessed value
Assessed land
$106,920
Assessed improvement
$185,075
Land market value
$267,300
Improvement market value
$462,687
Total market value
$729,987
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1959
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
3
Total area
3,290 SF
Lot
1.98 ac (86,249 SF)
Zoning code
C-G
APN
17-2-D -013
UPID
US22-1097030
Jurisdiction
CLARKE
Zoning & alternative use
C-G · Athens, GAZoning C-G · permitted uses
C-G · Athens, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is designed to stabilize, improve and protect the characteristics of those areas providing commercial commodities and services
Zone name
Commercial General
General category
COMMERCIAL
Zone area
2,661.56 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1959
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Buildings
3
Lot
1.98 ac
Current owner
From public records · entity-resolved
Petro Ventures LLC
Entity
Free & Clear · 9 yrs held
Mailing address
1085 OLD TUCKER RD, STONE MOUNTAIN, GA 30087-2949
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
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
Jun 15, 2017
—
Petro Ventures LLC
Yarman Family Trust
Quit Claim Deed
related
—
May 10, 2017
—
Sunrise 2010 LLC
—
Deed
related
$810,000 · First Intercontinental Bank
Apr 3, 2014
$190,000
Bailey Street LLC
Community & Sthrn Bk
Quit Claim Deed
related
$212,000 · Commercial Bk
—
—
Alikhan Virji
—
Deed Of Trust
related
$860,492 · Community Southern 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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