Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$870,000
Day care centers
204 Stewart St Carrollton, GA 30117-2437
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US22-1065285
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1886
Construction
STEEL FRAME
Total area
5,580 SF
Lot
0.98 ac (42,689 SF)
Zoning code
R15
APN
C03-008-0016
UPID
US22-1065285
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
-
Stewart Street Academy Daycare Center
-
Elite tax service Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$875k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$870k
Owner & transaction history
Tcaba Carrollton LLC · 1 yrs held
Tcaba Carrollton LLC
since 2025
Last sale
$869,451
7 recorded transactions
Zoning & alternative use
R15 · Carrollton, 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 Carrollton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carrollton 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
$755,000
ML approach
$875,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$770,000
Change: 0% · Conversion: Difficult
RESTAURANT
$735,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$685,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$580,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$535,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$870k
Range $783k – $957k · ±10% · vs last sale $869k (May 7 2025)
Last sale anchor
$869k
May 7 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
$156 / 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
$6,895
Tax year 2023
Assessed value
$236,210
Assessed 2023
Previous assessed
$236,210
+0.0% YoY
Effective rate
2.92%
On assessed value
Assessed land
$11,760
Assessed improvement
$224,450
Land market value
$29,400
Improvement market value
$561,126
Total market value
$590,526
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1886
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Total area
5,580 SF
Lot
0.98 ac (42,689 SF)
Zoning code
R15
APN
C03-008-0016
UPID
US22-1065285
Jurisdiction
CARROLL
Zoning & alternative use
R15 · Carrollton, GAZoning R15 · permitted uses
R15 · Carrollton, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$770,000
RESTAURANT
Est. value
$735,000
MEDICAL BUILDING
Est. value
$685,000
RETAIL STORES
Est. value
$580,000
AUTO REPAIR, GARAGE
Est. value
$535,000
COMMERCIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
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
1886
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Buildings
2
Lot
0.98 ac
Current owner
From public records · entity-resolved
Tcaba Carrollton LLC
Entity
Mailing address
204 STEWART ST, CARROLLTON, GA 30117-2437
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 7, 2025
$850,000
Tcaba Carrollton LLC
Coastal States Bank
Quitclaim Deed
related
$550,000 · Mck Enterprises
Apr 2, 2025
—
Liberty Communities LLC
Coastal States Bank
Quitclaim Deed
related
—
Aug 28, 2024
$869,451
Coastal States Bank
Stewart Street Academy
Warranty Deed
—
Oct 2, 2017
—
Stewart Street Academy & Child
Greenwich Investors Xlvii Reo
Quit Claim Deed
related
$725,000 · Cornerstone Bk
Oct 2, 2017
$825,000
Stewart Street Academy & Child
Greenwich Invtrs Xxvii Reo LLC
Grant Deed
—
Jun 11, 2015
$1,058,210
Greenwich Investors Xlvii Reo
Plh Investments & Properties L
Trustees Deed
—
Oct 31, 2006
$1,125,000
Investments Plh
Carr,chadene R
Grant Deed
—
—
—
Carr Chadene R
—
Deed Of Trust
related
$510,914 · First Georgia Bank
—
—
Bruce A Carr JR.
—
Deed Of Trust
related
$555,000 · Regions 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?”
You own 204 Stewart St?
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.
