New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,955,000
Auto shops
1973 Hwy 138th NE Conyers, GA 30013-1215
Entity Owned
1-yr Hold
Free & Clear
Property ID
US22-1383805
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1987
Construction
STEEL FRAME
Total area
16,800 SF
Lot
4.59 ac (199,940 SF)
Zoning code
M1
APN
090-0-01-004A
UPID
US22-1383805
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
-
Divine Disciples of Christ Church
-
360 Collateral Recovery Services LLC Auto Repair Shop
-
Better-x Spray On Bedliners Llc Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.06M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.87M
Blend (final)
Blend
$1.96M
Owner & transaction history
Cb Conyers Hwy LLC · 1 yrs held
Cb Conyers Hwy LLC
since 2025
Last sale
$2.0M
4 recorded transactions
Zoning & alternative use
M1 · Conyers, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$3.1M
+48.1%
Retail stores
$2.7M
+28.5%
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
$1,940,000
ML approach
$2,055,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,090,000
Current use
MEDICAL BUILDING
$3,095,000
Change: +48% · Conversion: Difficult
RETAIL STORES
$2,685,000
Change: +28% · Conversion: Difficult
OFFICE BUILDING
$2,000,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$1.96M
Range $1.76M – $2.15M · ±10% · vs last sale $1.95M (Apr 10 2025)
Last sale anchor
$1.95M
Apr 10 2025
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
$116 / 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
$15,304
Tax year 2023
Assessed value
$383,160
Assessed 2023
Previous assessed
$383,160
+0.0% YoY
Effective rate
3.99%
On assessed value
Assessed land
$66,080
Assessed improvement
$317,080
Land market value
$165,200
Improvement market value
$792,700
Total market value
$957,900
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1987
Construction
STEEL FRAME
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
16,800 SF
Lot
4.59 ac (199,940 SF)
Zoning code
M1
APN
090-0-01-004A
UPID
US22-1383805
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
AUTO REPAIR, GARAGE Current
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$3.1M
RETAIL STORES
Est. value
$2.7M
OFFICE BUILDING
Est. value
$2.0M
AUTO REPAIR, GARAGE Current
MEDICAL BUILDING
RETAIL STORES
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
1987
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
4.59 ac
Current owner
From public records · entity-resolved
Cb Conyers Hwy LLC
Entity
Free & Clear · 1 yrs held
Mailing address
2400 HERODIAN WAY SE STE #205, SMYRNA, GA 30080-8511
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2025
—
Cb Conyers Hwy LLC
Gp Iris 138 LLC
Quitclaim Deed
related
—
Apr 10, 2025
$1,950,000
Cb Conyers Hwy LLC
Gp Iris 138 LLC
Warranty Deed
$11,555,000 · Ladder Capital Finance
Mar 30, 2022
$820,000
Gp Iris 138 LLC
Highway 138 Holdings LLC
Limited Warranty Deed
—
May 18, 2005
—
Smith,j D
Highway 138 Holdings LLC
Grant Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1973 Hwy 138th NE?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
