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Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Retail space
2101 Main St Porterdale, GA 30014-3438
Individually Owned
15-yr Hold
~
Est. High Equity
Property ID
US22-4750717
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1923
Construction
STEEL FRAME
Total area
16,432 SF
Lot
0.24 ac (10,454 SF)
Zoning code
C1
APN
P0020-00000-269-000
UPID
US22-4750717
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
-
Green Room Theater & Performing Art Venue Music Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$483k
Blend (final)
Blend
$655k
Owner & transaction history
J Wayne Maddox · 15 yrs held
J Wayne Maddox
since 2010
6 recorded transactions
Zoning & alternative use
C1 · Porterdale, GA
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 Porterdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Porterdale 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$655k
Range $590k – $721k · ±10%
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
$40 / 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
$7,368
Tax year 2023
Assessed value
$179,120
Assessed 2023
Previous assessed
$179,120
+0.0% YoY
Effective rate
4.11%
On assessed value
Assessed land
$15,960
Assessed improvement
$163,160
Land market value
$39,900
Improvement market value
$407,900
Total market value
$447,800
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1923
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Bathrooms
4
Total area
16,432 SF
Lot
0.24 ac (10,454 SF)
Zoning code
C1
APN
P0020-00000-269-000
UPID
US22-4750717
Jurisdiction
NEWTON
Zoning & alternative use
C1 · Porterdale, GAZoning C1 · permitted uses
C1 · Porterdale, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
District Guide
Building & site characteristics
From public records
Year built
1923
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Bathrooms
4
Lot
0.24 ac
Current owner
From public records · entity-resolved
J Wayne Maddox
Individual
Mailing address
PO BOX 601, PORTERDALE, GA 30070-0601
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2016
—
J Wayne Maddox
—
Deed
related
$134,576 · First Landmark Bk
Dec 30, 2010
$160,000
J Wayne Maddox
Porterdale Ventures LLC
Grant Deed
$160,000 · Midtown Bank & Trust Co
Dec 14, 2010
$160,000
J Wayne Maddox
Porterdale Ventures LLC
Grant Deed
$160,000 · Midtown Bank & Trust Co
May 18, 2007
$250,000
Porterdale Ventures LLC
Touch Missionary INC
Warranty Deed
$250,000 · Midtown Bank & Trust Co
May 14, 2007
$25,000
Ventures Ll Porterdale
Touch INC
Grant Deed
$250,000 · Midtown Bank & Trust Co
—
—
J Wayne Maddox
—
Loan Modification
related
$134,576 · First Landmark 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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