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Property profile & analytics
FOR LEASE
Grocery and convenience stores
1988 Railroad St Statham, GA 30666
Entity Owned
5-yr Hold
Free & Clear
Property ID
US22-4750135
For Lease
1 / 3
$2,500/Mo
1988 Railroad St, Statham, GA 30666
View Listing →
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1983
Construction
STEEL FRAME
Total area
7,200 SF
Lot
0.8 ac (34,848 SF)
Zoning code
HB
APN
ST05 047
UPID
US22-4750135
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
-
AMVETS Drop Box Only Charitable Organization
-
Short Stop Express Grocery & Convenience Store
-
U-Haul Neighborhood Dealer Car Rental Facility
-
Piggly Wiggly Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Vkv Property LLC · 5 yrs held
Vkv Property LLC
since 2020
Last sale
$405,000
5 recorded transactions
Zoning & alternative use
HB · Statham, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Statham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Statham 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,877
Tax year 2024
Assessed value
$163,810
Assessed 2024
Previous assessed
$163,810
+0.0% YoY
Effective rate
2.98%
On assessed value
Assessed land
$22,800
Assessed improvement
$141,010
Land market value
$57,000
Improvement market value
$352,526
Total market value
$409,526
Applied tax rate
4.0000
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
GROCERY, SUPERMARKET
Status
For Lease
Year built
1983
Construction
STEEL FRAME
Heating
BASEBOARD
Cooling
EVAPORATIVE
Stories
1
Bathrooms
6
Total area
7,200 SF
Lot
0.8 ac (34,848 SF)
Zoning code
HB
APN
ST05 047
UPID
US22-4750135
Jurisdiction
BARROW
Zoning & alternative use
HB · Statham, GA
Zoning HB · permitted uses
HB · Statham, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Statham. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1983
Construction
STEEL FRAME
Heating
BASEBOARD
Cooling
Yes
Stories
1
Bathrooms
6
Lot
0.8 ac
Current owner
From public records · entity-resolved
Vkv Property LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1988 RAILROAD ST, STATHAM, GA 30666-1821
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2020
$405,000
Vkv Property LLC
Diamond Jubilee Partners LLC
Warranty Deed
—
Aug 4, 2017
$267,500
Diamond Jubilee Partners LLC
K
Warranty Deed
$300,000 · Synovus Bank
Sep 24, 2014
$75,000
K & A Investments Group LLC
Community Sthrn Bk
Quit Claim Deed
related
—
Apr 2, 2013
$305,000
Community Sthrn Bk
Virji,alikhan
Trustees Deed
related
—
—
—
Alikhan Virji
—
Deed Of Trust
related
$987,493 · Peoples Bank
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?”
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