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Property profile & analytics
OFF-MARKET
Estimated value
$2,665,000
Strip malls
1927 Hwy 138th NE, Conyers, GA 30013-1253
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US22-1638152
Property summary
AI-generated overview
This thriving liquor store in Conyers, Georgia, presents a unique investment opportunity. Located at 1927 Hwy 138, this four-year-old, 2,700 square foot retail space boasts impressive gross sales ranging from $700,000 to $800,000 annually, yielding profit margins between 25% and 30%. The current owners are motivated sellers, pursuing other ventures, making this a truly exceptional deal at an asking price of $100,000. The property sits on a one-acre lot and includes modern fixtures, a substantial 15-door walk-in cooler, and a comprehensive security system. The current inventory is valued at $160,000. A monthly lease of $4,800 is in place. Significant growth potential exists through the addition of lottery sales and expanded product offerings. Detailed profit and loss statements are available for qualified buyers. This is a turnkey operation ready for a new owner to step in and continue its success. The sale must close before December 31st. Serious inquiries only.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2007
Total area
18,000 SF
Lot
2.58 ac (112,385 SF)
Zoning code
BG
APN
071-0-01-0093
UPID
US22-1638152
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
-
U.S. Renal Care Medical Clinic
-
J Rich Robinson Family Dentistry Dental Office
-
Crest Wine & Spirits, LLC. Specialty Food Shop Wine and Liquor Store
-
Alexis Smith Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.58M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.73M
Blend (final)
Blend
$2.67M
Owner & transaction history
Century Park Apartments LLC · 5 yrs held
Century Park Apartments LLC
since 2021
Last sale
$2.8M
5 recorded transactions
Zoning & alternative use
BG · Conyers, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.4M
+113.4%
Commercial (general)
$2.1M
+83.2%
Medical building
$1.8M
+57.1%
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
$2,485,000
ML approach
$2,580,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$2,395,000
Change: +113% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,055,000
Change: +83% · Conversion: Easy
MEDICAL BUILDING
$1,760,000
Change: +57% · Conversion: Difficult
Blend value · Realmo final
$2.67M
Range $2.40M – $2.93M · ±10% · vs last sale $2.80M (Apr 14 2021)
Last sale anchor
$2.80M
Apr 14 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
$148 / 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
$57,059
Tax year 2023
Assessed value
$1,027,600
Assessed 2023
Previous assessed
$1,027,600
+0.0% YoY
Effective rate
5.55%
On assessed value
Assessed land
$179,920
Assessed improvement
$847,680
Land market value
$449,800
Improvement market value
$2,119,200
Total market value
$2,569,000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2007
Heating
NONE
Total area
18,000 SF
Lot
2.58 ac (112,385 SF)
Zoning code
BG
APN
071-0-01-0093
UPID
US22-1638152
Jurisdiction
ROCKDALE
Zoning & alternative use
BG · Conyers, GA
Zoning BG · permitted uses
BG · 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
RESTAURANT
Est. value
$2.4M
COMMERCIAL (GENERAL)
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$1.8M
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL 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
2007
Heating
NONE
Lot
2.58 ac
Current owner
From public records · entity-resolved
Century Park Apartments LLC
Entity
Mailing address
PO BOX 628, AUBURN, AL 36831-0628
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 14, 2021
$2,800,000
Century Park Apartments LLC
North View Shops LLC
Warranty Deed
$2,535,000 · Centerstate Bank
May 20, 2020
—
North View Shops LLC
—
Deed
related
$1,433,748 · Greater Cmnty Bk
Jun 15, 2017
—
North View Shops LLC
—
Deed
related
$1,614,153 · Greater Cmnty Bk
—
—
North View Shops LLC
—
Loan Modification
related
$1,433,748 · Greater Cmnty Bk
—
—
North View Shops LLC
—
Loan Modification
related
$1,614,153 · Greater Cmnty 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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