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Property profile & analytics
OFF-MARKET
Estimated value
$1,300,000
Grocery and convenience stores
217 Riverstone Pkwy Canton, GA 30114-2434
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-2096834
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,294 SF
Lot
0.51 ac (22,216 SF)
Zoning code
GC
APN
91N03 022 B
UPID
US22-2096834
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
$1.30M
CAP Approach
CAP
$1.56M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.30M
Owner & transaction history
Babubhai Seth Property 4 LLC · 2 yrs held
Babubhai Seth Property 4 LLC
since 2024
Last sale
$1.3M
5 recorded transactions
Zoning & alternative use
GC · Canton, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is intended to provide for a wide variety of retail and service uses to satisfy the common and frequent needs of residents in large sections of the city
Zone name
General Commercial
General category
COMMERCIAL
Zone area
598.82 ac
Source
Realmo
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 Canton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Canton 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
$1,300,000
ML approach
$1,300,000
CAP Approach
CAP Return
Estimation
6%
$1,685,000
6.5%
$1,555,000
7%
$1,445,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,000,000
Current use
Blend value · Realmo final
$1.30M
Range $1.17M – $1.43M · ±10% · vs last sale $1.30M (Jan 18 2024)
Last sale anchor
$1.30M
Jan 18 2024
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
$207 / 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
$4,264
Tax year 2023
Assessed value
$148,560
Assessed 2023
Previous assessed
$148,560
+0.0% YoY
Effective rate
2.87%
On assessed value
Assessed land
$80,120
Assessed improvement
$68,440
Land market value
$200,300
Improvement market value
$171,100
Total market value
$371,400
Applied tax rate
3.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Bathrooms
4
Total area
6,294 SF
Lot
0.51 ac (22,216 SF)
Zoning code
GC
APN
91N03 022 B
UPID
US22-2096834
Jurisdiction
CHEROKEE
Zoning & alternative use
GC · Canton, GAZoning GC · permitted uses
GC · Canton, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is intended to provide for a wide variety of retail and service uses to satisfy the common and frequent needs of residents in large sections of the city
Zone name
General Commercial
General category
COMMERCIAL
Zone area
598.82 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.0M
NEIGHBORHOOD: SHOPPING CENTER Current
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
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
4
Lot
0.51 ac
Current owner
From public records · entity-resolved
Babubhai Seth Property 4 LLC
Entity
Mailing address
217 RIVERSTONE PKWY, CANTON, GA 30114-2434
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 18, 2024
$1,300,000
Babubhai Seth Property 4 LLC
Riverstone Investments Of Canton Ll
Warranty Deed
$800,000 · Riverstone Investments Of Canton
Mar 16, 2021
—
Riverstone Investments Of Canton Ll
Riverstone Petroleum LLC
Warranty Deed
—
Apr 13, 2020
—
Riverstone Petroleum LLC
Riverstone Invs Canton LLC
Quit Claim Deed
—
Dec 2, 2010
$300,000
William C Kent
Spears,helen
Warranty Deed
$100,000 · Helen Spears
—
—
William C Kent
—
Deed Of Trust
related
$480,000 · Renasant 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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