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Property profile & analytics
OFF-MARKET
Strip malls
2183 Salem SE Rd, Conyers, GA 30013-1803
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US22-0641806
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1974
Construction
CONCRETE BLOCKS
Total area
4,880 SF
Lot
1.31 ac (57,064 SF)
Zoning code
MXD
APN
076-0-01-0010
UPID
US22-0641806
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
-
Ellison & Associates Tax Service Tax Preparation
-
Salem Development Group General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Rise Living Community LLC · 7 yrs held
Rise Living Community LLC
since 2019
7 recorded transactions
Zoning & alternative use
MXD · Conyers, 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 Conyers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conyers 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$17,845
Tax year 2023
Assessed value
$413,200
Assessed 2023
Previous assessed
$413,200
+0.0% YoY
Effective rate
4.32%
On assessed value
Assessed land
$375,360
Assessed improvement
$37,840
Land market value
$938,400
Improvement market value
$94,600
Total market value
$1,033,000
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
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1974
Construction
CONCRETE BLOCKS
Heating
ELECTRIC
Cooling
EVAPORATIVE
Stories
1
Total area
4,880 SF
Lot
1.31 ac (57,064 SF)
Zoning code
MXD
APN
076-0-01-0010
UPID
US22-0641806
Jurisdiction
ROCKDALE
Zoning & alternative use
MXD · Conyers, GA
Zoning MXD · permitted uses
MXD · Conyers, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Conyers. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1974
Construction
CONCRETE BLOCKS
Heating
ELECTRIC
Cooling
Yes
Stories
1
Lot
1.31 ac
Current owner
From public records · entity-resolved
Rise Living Community LLC
Entity
Mailing address
5604 BAHIA MAR CIR, STONE MOUNTAIN, GA 30087-1603
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2019
—
Rise Living Community LLC
Salem Road Dev LLC
Quit Claim Deed
related
$8,385,000 · Heritage Bk
Apr 10, 2019
$1,000
Rise Living Community LLC
Salem Road Dev LLC
Grant Deed
related
—
Feb 4, 2015
$800,000
Salem Road Dev LLC
Peoples Bk
Grant Deed
$500,000 · Peoples Bk
Mar 2, 2010
—
The Peoples Bank
Mitchell,j Greg
Grant Deed
related
—
Oct 20, 2006
—
Salem Roak Partners LLC
Mitchell,j Greg
Grant Deed
related
—
Dec 10, 2004
—
Chapman,lisa A
Chapman,william L
Quit Claim Deed
related
—
—
—
Salem Road Plaza LLC
—
Deed Of Trust
related
$462,674 · Greg Mitchell And Salem Road Partners 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.
Try Rey
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