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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Grocery and convenience stores
1892 Howell Ml NW Rd Atlanta, GA 30318-2539
Entity Owned
18-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1033742
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1996
Total area
2,964 SF
Lot
0.63 ac (27,356 SF)
Zoning code
C1
APN
17 015300110741
UPID
US22-1033742
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 Grocery & Convenience Store
-
Circle K Grocery & Convenience Store
-
Athena Bitcoin ATM Crypto Atm Atm
-
Bitcoin of America ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$390k
CAP Approach
CAP
$765k
Comparable Approach
Comparable
$575k
Blend (final)
Blend
$575k
Owner & transaction history
Sams R & E Holdings-georgia LLC · 18 yrs held
Sams R & E Holdings-georgia LLC
since 2008
7 recorded transactions
Zoning & alternative use
C1 · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$930,000
+15.4%
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 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
by Request
ML approach
$390,000
CAP Approach
CAP Return
Estimation
6%
$830,000
6.5%
$765,000
7%
$715,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$805,000
Current use
COMMERCIAL (GENERAL)
$930,000
Change: +15% · Conversion: Easy
MEDICAL BUILDING
$805,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$720,000
Change: -10% · Conversion: Difficult
RETAIL STORES
$665,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$575k
Range $518k – $633k · ±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
$194 / 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
$39,485
Tax year 2023
Assessed value
$850,960
Assessed 2023
Previous assessed
$807,280
+5.4% YoY
Effective rate
4.64%
On assessed value
Assessed land
$566,680
Assessed improvement
$284,280
Land market value
$1,416,700
Improvement market value
$710,700
Total market value
$2,127,400
Applied tax rate
5.0000
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
1996
Heating
YES
Cooling
YES
Stories
1
Total area
2,964 SF
Lot
0.63 ac (27,356 SF)
Zoning code
C1
APN
17 015300110741
UPID
US22-1033742
Jurisdiction
FULTON
Zoning & alternative use
C1 · Atlanta, GA
Zoning C1 · permitted uses
C1 · 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
$805,000
COMMERCIAL (GENERAL)
Est. value
$930,000
MEDICAL BUILDING
Est. value
$805,000
AUTO REPAIR, GARAGE
Est. value
$720,000
RETAIL STORES
Est. value
$665,000
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1996
Heating
YES
Cooling
Yes
Stories
1
Lot
0.63 ac
Current owner
From public records · entity-resolved
Sams R & E Holdings-georgia LLC
Entity
Free & Clear · 18 yrs held
Mailing address
2754 N DECATUR RD STE #105, DECATUR, GA 30033-5917
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2025
—
Mahek Properties LLC
—
Deed
related
$5,022,310 · Southstate Bank
Mar 4, 2025
—
Mahek Properties LLC
—
Deed
related
$2,585,000 · Southstate Bank
Dec 1, 2021
—
Mahek Properties LLC
—
Deed
related
$2,983,230 · Fifth Third Bank
Jun 14, 2018
—
Mahek Properties LLC
—
Deed
related
$3,357,997 · First Landmark Bk
Mar 14, 2018
—
Mahek Properties LLC
—
Deed
related
$3,386,243 · First Landmark Bk
Dec 28, 2017
—
Mahek Properties LLC
—
Deed
related
$3,405,841 · First Landmark Bk
Apr 3, 2008
—
Sams R & E Holdings-georgia LLC
Sams R/e Holdings-georgia LLC
Quit Claim Deed
related
—
Dec 27, 2006
$4,351,300
Sams R & E Holdings-georgia LLC
Motiva Ents LLC
Grant Deed
related
—
—
—
Mahek Properties LLC
—
Loan Modification
related
$3,405,841 · First Landmark Bk
—
—
Mahek Properties LLC
—
Loan Modification
related
$3,386,243 · First Landmark Bk
—
—
Mahek Properties LLC
—
Loan Modification
related
$3,357,997 · First Landmark Bk
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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