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Property profile & analytics
OFF-MARKET
Estimated value
$850,000
Theaters & concert halls
2115 Cody Rd Mount Airy, GA 30563-2624
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0646744
Property profile
Verified
Property type
Theaters & concert halls
Use group
THEATER (MOVIE)
Year built
2003
Construction
STEEL FRAME
Total area
39,293 SF
Lot
6.64 ac (289,238 SF)
Zoning code
HI
APN
130 186B
UPID
US22-0646744
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$850k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$850k
Owner & transaction history
Habersham Hills Cinemas LLC · 13 yrs held
Habersham Hills Cinemas LLC
since 2012
3 recorded transactions
Zoning & alternative use
HI · Mount Airy, 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 Mount Airy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mount Airy 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
$850,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$850k
Range $765k – $935k · ±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
$22 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$23,927
Tax year 2024
Assessed value
$921,876
Assessed 2024
Previous assessed
$1,025,284
-10.1% YoY
Effective rate
2.60%
On assessed value
Assessed land
$116,352
Assessed improvement
$805,524
Land market value
$290,880
Improvement market value
$2,013,810
Total market value
$2,304,690
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
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
Theaters & concert halls
Use group
THEATER (MOVIE)
Status
Off-Market
Year built
2003
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
2
Bathrooms
7
Total area
39,293 SF
Lot
6.64 ac (289,238 SF)
Zoning code
HI
APN
130 186B
UPID
US22-0646744
Jurisdiction
HABERSHAM
Zoning & alternative use
HI · Mount Airy, GA
Zoning HI · permitted uses
HI · Mount Airy, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mount Airy. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2003
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Bathrooms
7
Lot
6.64 ac
Current owner
From public records · entity-resolved
Habersham Hills Cinemas LLC
Entity
Mailing address
50 CINEMA LN, ST SIMONS ISLAND, GA 31522-6600
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 17, 2012
$1,925,000
Habersham Hills Cinemas LLC
Adam Brown
Warranty Deed
—
Sep 13, 2011
$155,500
Rayford Dana Nix
Community Bank United
Deed
—
Jul 1, 2007
$4,402,000
Real Habersham Hills
Not Provided
Deed
$2,261,000 · First Georgia 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.
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