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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Grocery and convenience stores
1801 Sigman NW Rd Conyers, GA 30012-3461
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0392467
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2003
Total area
7,500 SF
Lot
2.24 ac (97,574 SF)
Zoning code
M1
APN
041-0-01-0208
UPID
US22-0392467
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
-
76 Gas Station
-
J.A.C.A. Jamaican Cuisine LLC Restaurant
-
Exxon Gas Station
-
Exxon Food Mart Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$395k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$663k
Blend (final)
Blend
$530k
Owner & transaction history
Argme19pck001 LLC · 1 yrs held
Argme19pck001 LLC
since 2025
7 recorded transactions
Zoning & alternative use
M1 · Conyers, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$875,000
+95.7%
Retail stores
$765,000
+71.4%
Auto repair, garage
$660,000
+47.8%
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
by Request
ML approach
$395,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$445,000
Current use
OFFICE BUILDING
$875,000
Change: +96% · Conversion: Moderate
RETAIL STORES
$765,000
Change: +71% · Conversion: Easy
AUTO REPAIR, GARAGE
$660,000
Change: +48% · Conversion: Difficult
MEDICAL BUILDING
$600,000
Change: +34% · Conversion: Difficult
WAREHOUSE, STORAGE
$410,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$530k
Range $477k – $583k · ±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
$71 / 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
$34,212
Tax year 2023
Assessed value
$838,400
Assessed 2023
Previous assessed
$838,400
+0.0% YoY
Effective rate
4.08%
On assessed value
Assessed land
$156,080
Assessed improvement
$682,320
Land market value
$390,200
Improvement market value
$1,705,800
Total market value
$2,096,000
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
2003
Heating
NONE
Total area
7,500 SF
Lot
2.24 ac (97,574 SF)
Zoning code
M1
APN
041-0-01-0208
UPID
US22-0392467
Jurisdiction
ROCKDALE
Zoning & alternative use
M1 · Conyers, GA
Zoning M1 · permitted uses
M1 · 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
$445,000
OFFICE BUILDING
Est. value
$875,000
RETAIL STORES
Est. value
$765,000
AUTO REPAIR, GARAGE
Est. value
$660,000
MEDICAL BUILDING
Est. value
$600,000
WAREHOUSE, STORAGE
Est. value
$410,000
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
2003
Heating
NONE
Lot
2.24 ac
Current owner
From public records · entity-resolved
Argme19pck001 LLC
Entity
Mailing address
405 PARK AVE FL, NEW YORK, NY 10022-9400
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 30, 2025
—
Argme19pck001 LLC
Csmc 2020 Net Commercial Mortgage P
Quitclaim Deed
related
—
May 30, 2025
$2,466,197
N&l Real Estate Ventures LLC
Argme19pck001 LLC
Deed
$765,000 · Standard Insurance
Jul 30, 2020
—
Argme19pck001 LLC
—
Deed
related
$715,000,000 · Column Fin'l INC
Mar 11, 2019
$3,003,673
Arg Me19pck001 LLC
Georgia 19 Pack LLC
Grant Deed
—
Mar 11, 2019
$1,200,200
Mountain Express Oil Co
Winston Property Ventures LLC
Grant Deed
—
Mar 11, 2019
$2,418,800
Georgia 19 Pack LLC
Mountain Express Oil Co
Grant Deed
—
Jan 14, 2015
$571,294
Decatur Properties IV INC
Seyaba INC
Trustees Deed
—
Jan 21, 2011
—
Seyaba INC
Home Loan Investment Bank Fsb
Quit Claim Deed
related
$600,000 · Fidelity Bank NA
Jan 21, 2011
$650,000
Seyaba INC
Home Loan Investment Bank Fsb
Grant Deed
—
Jul 7, 2009
$1,400,000
Home Loan Investment Bank
Technology Linksoft Corp
Grant Deed
related
—
Nov 30, 2006
$1,800,000
Technology Linksoft Corp
Jkb Investments LLC
Grant Deed
—
—
—
Argme19pck001 LLC
—
Deed Of Trust
related
$715,000,000 · Column Fin'l INC
—
—
Technology,linksoft Corp
—
Deed Of Trust
related
$1,990,800 · Home Loan Investment Bank
—
—
Technology,linksoft Corp
—
Deed Of Trust
related
$1,990,800 · Home Loan Investment 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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