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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Grocery and convenience stores
2136 Cedar Grv Rd Conley, GA 30288-1722
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US22-1087392
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1965
Total area
3,060 SF
Lot
0.48 ac (20,691 SF)
Zoning code
C2
APN
15 021 01 041
UPID
US22-1087392
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
-
Citgo Food Mart Gas Station
-
ATM Atm
-
Citgo Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$630k
CAP Approach
CAP
$755k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$615k
Owner & transaction history
Cedar Grove Invs Holding LLC · 5 yrs held
Cedar Grove Invs Holding LLC
since 2020
Last sale
$600,000
4 recorded transactions
Zoning & alternative use
C2 · Conley, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$995,000
+72.7%
Retail stores
$775,000
+34.3%
Auto repair, garage
$660,000
+14.4%
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 Conley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conley 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
$630,000
ML approach
$630,000
CAP Approach
CAP Return
Estimation
6%
$820,000
6.5%
$755,000
7%
$705,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$575,000
Current use
COMMERCIAL (GENERAL)
$995,000
Change: +73% · Conversion: Easy
RETAIL STORES
$775,000
Change: +34% · Conversion: Easy
AUTO REPAIR, GARAGE
$660,000
Change: +14% · Conversion: Difficult
MEDICAL BUILDING
$575,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$530,000
Change: -8% · Conversion: Moderate
Blend value · Realmo final
$615k
Range $554k – $677k · ±10% · vs last sale $600k (Dec 2 2020)
Last sale anchor
$600k
Dec 2 2020
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
$201 / 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
$3,854
Tax year 2024
Assessed value
$66,240
Assessed 2024
Previous assessed
$66,240
+0.0% YoY
Effective rate
5.82%
On assessed value
Assessed land
$18,600
Assessed improvement
$47,640
Land market value
$46,500
Improvement market value
$119,100
Total market value
$165,600
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
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
CONVENIENCE STORE
Status
Off-Market
Year built
1965
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
3,060 SF
Lot
0.48 ac (20,691 SF)
Zoning code
C2
APN
15 021 01 041
UPID
US22-1087392
Jurisdiction
DE KALB
Zoning & alternative use
C2 · Conley, GAZoning C2 · permitted uses
C2 · Conley, 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$575,000
COMMERCIAL (GENERAL)
Est. value
$995,000
RETAIL STORES
Est. value
$775,000
AUTO REPAIR, GARAGE
Est. value
$660,000
MEDICAL BUILDING
Est. value
$575,000
OFFICE BUILDING
Est. value
$530,000
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
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
1965
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.48 ac
Current owner
From public records · entity-resolved
Cedar Grove Invs Holding LLC
Entity
Mailing address
PO BOX 33795, DECATUR, GA 30033-0795
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2020
$600,000
Cedar Grove Invs Holding LLC
Georgia Asset Cap Holding LLC
Grant Deed
$540,000 · Georgia Asset Cap Holding LLC
Aug 30, 2016
—
Georgia Asset Capital Holding
Ayaz INC
Warranty Deed
related
—
Apr 11, 2011
$325,000
Bay County Ents LLC
Ennis,charles W
Warranty Deed
—
Apr 11, 2011
$650,000
Ayaz INC
Bay County Ents LLC
Grant Deed
$512,500 · Bay County Ents LLC
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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