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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Grocery and convenience stores
1823 Mtn Industrial Blvd Tucker, GA 30084-6618
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-4532094
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2021
Total area
2,613 SF
Lot
0.8 ac (34,804 SF)
Zoning code
M
APN
18 184 01 018
UPID
US22-4532094
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 Gas Station
-
Luminex Car Audio & Window Tinting Interior Design Auto Repair Shop
-
THE MARKET Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$575k
CAP Approach
CAP
$645k
Comparable Approach
Comparable
$494k
Blend (final)
Blend
$615k
Owner & transaction history
Raj INC · 6 yrs held
Raj INC
since 2020
Last sale
$605,000
3 recorded transactions
Zoning & alternative use
M · Tucker, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
District is to provide an environment for light industrial uses that produces no appreciable impact on adjacent properties and preserve the appeal and appearance of residential and commercial areas
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
1,578.20 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$665,000
+35.1%
Retail stores
$660,000
+34.3%
Auto repair, garage
$565,000
+14.4%
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 Tucker submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tucker 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
$635,000
ML approach
$575,000
CAP Approach
CAP Return
Estimation
6%
$700,000
6.5%
$645,000
7%
$600,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$490,000
Current use
COMMERCIAL (GENERAL)
$665,000
Change: +35% · Conversion: Easy
RETAIL STORES
$660,000
Change: +34% · Conversion: Easy
AUTO REPAIR, GARAGE
$565,000
Change: +14% · Conversion: Difficult
MEDICAL BUILDING
$490,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$405,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$615k
Range $554k – $677k · ±10% · vs last sale $605k (Jan 28 2020)
Last sale anchor
$605k
Jan 28 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
$235 / 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
$33,463
Tax year 2024
Assessed value
$672,000
Assessed 2024
Previous assessed
$672,000
+0.0% YoY
Effective rate
4.98%
On assessed value
Assessed land
$240,120
Assessed improvement
$431,880
Land market value
$600,300
Improvement market value
$1,079,700
Total market value
$1,680,000
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
2021
Heating
NONE
Stories
1
Total area
2,613 SF
Lot
0.8 ac (34,804 SF)
Zoning code
M
APN
18 184 01 018
UPID
US22-4532094
Jurisdiction
DE KALB
Zoning & alternative use
M · Tucker, GAZoning M · permitted uses
M · Tucker, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
District is to provide an environment for light industrial uses that produces no appreciable impact on adjacent properties and preserve the appeal and appearance of residential and commercial areas
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
1,578.20 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$490,000
COMMERCIAL (GENERAL)
Est. value
$665,000
RETAIL STORES
Est. value
$660,000
AUTO REPAIR, GARAGE
Est. value
$565,000
MEDICAL BUILDING
Est. value
$490,000
OFFICE BUILDING
Est. value
$405,000
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE 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
2021
Heating
NONE
Stories
1
Lot
0.8 ac
Current owner
From public records · entity-resolved
Raj INC
Entity
Free & Clear · 6 yrs held
Mailing address
540 LK FRNT DR, LILBURN, GA 30047-7316
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 6, 2021
—
R A J INC
—
Deed
related
$1,000,000 · Georgia Primary Bank
Feb 12, 2020
$605,000
Raj INC
Air Hospitality Group LLC
Warranty Deed
—
May 7, 2019
$571,900
Air Hospitality Group LLC
E1823 Property LLC
Warranty 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.
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