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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Grocery and convenience stores
1846 Godby Rd Atlanta, GA 30349-5236
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0125973
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1972
Total area
2,640 SF
Lot
0.3 ac (12,937 SF)
Zoning code
C
APN
13-070B- A-005
UPID
US22-0125973
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
-
Mandy Market Grocery & Convenience Store
-
Godby FOOD MART Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$605k
CAP Approach
CAP
$620k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$590k
Owner & transaction history
1846 Godby LLC · 4 yrs held
1846 Godby LLC
since 2021
Last sale
$565,000
7 recorded transactions
Zoning & alternative use
C · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$740,000
+3.3%
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 Atlanta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Atlanta 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
$590,000
ML approach
$605,000
CAP Approach
CAP Return
Estimation
6%
$670,000
6.5%
$620,000
7%
$575,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$720,000
Current use
COMMERCIAL (GENERAL)
$740,000
Change: +3% · Conversion: Easy
MEDICAL BUILDING
$720,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$670,000
Change: -7% · Conversion: Difficult
OFFICE BUILDING
$620,000
Change: -14% · Conversion: Moderate
RETAIL STORES
$590,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$590k
Range $531k – $649k · ±10% · vs last sale $565k (Sep 17 2021)
Last sale anchor
$565k
Sep 17 2021
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
$223 / 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
$2,351
Tax year 2024
Assessed value
$67,440
Assessed 2024
Previous assessed
$68,720
-1.9% YoY
Effective rate
3.49%
On assessed value
Assessed land
$5,160
Assessed improvement
$62,280
Land market value
$12,900
Improvement market value
$155,700
Total market value
$168,600
Applied tax rate
2.0000
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
1972
Heating
NONE
Total area
2,640 SF
Lot
0.3 ac (12,937 SF)
Zoning code
C
APN
13-070B- A-005
UPID
US22-0125973
Jurisdiction
CLAYTON
Zoning & alternative use
C · Atlanta, GA
Zoning C · permitted uses
C · Atlanta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Atlanta. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$720,000
COMMERCIAL (GENERAL)
Est. value
$740,000
MEDICAL BUILDING
Est. value
$720,000
AUTO REPAIR, GARAGE
Est. value
$670,000
OFFICE BUILDING
Est. value
$620,000
RETAIL STORES
Est. value
$590,000
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
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
1972
Heating
NONE
Lot
0.3 ac
Current owner
From public records · entity-resolved
1846 Godby LLC
Entity
Free & Clear · 4 yrs held
Mailing address
2314 HUNTCREST WAY, LAWRENCEVILLE, GA 30043-8133
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 17, 2021
$565,000
1846 Godby LLC
Sanober Nichols
Warranty Deed
—
Oct 10, 2020
$50,000
Sanober Nichols
Lailah Hajiyanee
Grant Deed
—
Sep 29, 2020
—
Sanober Nichols
Deed Co LLC
Quit Claim Deed
related
—
Dec 16, 2019
$22,000
Deed Co LLC
Levying Officer Of Clayton County|etonesh,faleke
Tax Deed
—
Jul 6, 2018
$49,000
Sanober Nichols
Nichols,sanober
Warranty Deed
related
—
May 10, 2018
$190,000
Sanober Nichols
Meja,yohannes M
Grant Deed
$100,000 · Winston Property Ventures LLC
Apr 15, 2013
$150,000
Etonesh Faleke
Bbcn Bk
Grant Deed
—
Dec 26, 2012
$148,415
Bbcn Bk
Nuhana Ents INC
Trustees Deed
related
—
Oct 20, 2005
$230,000
Nuhana Enterprises INC
Yang,hui S & Kap V
Warranty Deed
$349,000 · Centerbank
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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