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    Property profile & analytics

    21 Bicycle Rd Griffin, GA 30223-6104

    • Retail space
    • 9,372 SF
    • 2.10 lot acres
    OFF-MARKET
    Value Estimation
    $1,745,000
    Last Sale
    Aug 30, 2023
    $1,646,500
    Location Intelligence
    Property ID
    US22-4162390
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Dollar General / Discount Store / Drug Store
    • Western Union / Money Order Service / Money Transfer Service
    • FedEx OnSite / Mailing Service

    Property Details for 21 Bicycle Rd

    Year built
    2018
    Construction
    CONCRETE
    Lot size
    2.10 lot acres
    Property size
    9,372 SF
    Zone code
    C-1
    Property type
    Retail space
    APN
    257 -01-025-G
    APU
    25701025G

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,950,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,505,000
      6.5%
      $1,425,000
      7%
      $1,545,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,565,000
      Geo Method
      $1,330,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,410,000
      Retail
      $1,690,000
      Mixed-Use
      $1,765,000
      Hospitality
      $1,325,000
      Educational
      $1,775,000
      Residential Income
      $1,345,000
      Energy
      $1,655,000
      Income-Based Land
      $1,325,000
      Food Service
      $1,440,000

    Location Insight

    • Map
    • Local Demand
    City
    Griffin
    County
    Spalding
    State
    Georgia
    Longitude
    -84.377
    Latitude
    33.3066
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $23,042
    $146,341
    $497,081
    $643,422
    -
    $365,852
    $1,242,702
    $1,608,554

    Comparable in this City

    • Value Estimation by Request
      1,710 SF

      119 Taylor St

      RETAIL STORES (PERSONAL SERVICES) • 1,710 SF
      119 Taylor St, Griffin, GA 30223-3046
      View Details
    • Value Estimation
      $255,000
      2,480 SF

      414 Taylor St

      RETAIL STORES (PERSONAL SERVICES) • 2,480 SF
      414 Taylor St, Griffin, GA 30223
      View Details
    • Value Estimation
      $455,000
      5,400 SF

      1501 Georgia Hwy 16th W

      RETAIL STORES (PERSONAL SERVICES) • 5,400 SF
      1501 Georgia Hwy 16th W, Griffin, GA 30223-2047
      View Details
    • Value Estimation
      $305,000
      7,380 SF

      110 Hl St

      RETAIL STORES (PERSONAL SERVICES) • 7,380 SF
      110 Hl St, Griffin, GA 30223-3310
      View Details
    • Value Estimation
      $110,000
      1,000 SF

      233 Hl St

      RETAIL STORES (PERSONAL SERVICES) • 1,000 SF
      233 Hl St, Griffin, GA 30223-3250
      View Details
    • Value Estimation
      $475,000
      8,000 SF

      1019 Memorial Dr

      RETAIL STORES (PERSONAL SERVICES) • 8,000 SF
      1019 Memorial Dr, Griffin, GA 30223-4452
      View Details

    Similar Nearby for Sale

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      Retail Building in Griffin, Georgia

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      Griffin Commercial Property on Hwy 16

      Prime commercial property in Griffin's main business district.
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    Similar Nearby for Lease

    • New
      $1,400 /Mo
      58,370 SF

      Retail/Office Space in Griffin, GA

      1200 sq ft retail/office space in busy shopping center.
      1742 Zebulon Rd Unit, Griffin, GA 30223
      View Details
    • $8,000 /Mo
      6,250 SF

      Griffin Commercial Property For Rent

      6250 SF retail/warehouse space with high visibility.
      1517 Lucky St, Griffin, GA 30223
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    • $16 SF/Yr
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      Griffin Expressway Office Space

      Prime Office Space, Multiple Uses
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    • $2,000 /Mo
      69,696 SF

      Griffin Commercial Out Parcels For Lease

      Two commercial out parcels available for lease in Griffin, GA.
      2 Sep Tracts, Griffin, GA 30223
      View Details
    • Contact for pricing
      235,318 SF

      Griffin Shopping Center Opportunity

      High-traffic retail space available in Georgia.
      1424 Expressway, Griffin, GA 30223
      View Details
    • Contact for pricing
      296,140 SF

      Under Construction Industrial Space

      New industrial buildings under construction, ranging from 200,000 to 2,000,000 SF.
      Wallace Rd, Griffin, GA 30223
      View Details
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    Griffin, GA 30223-6104
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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