Back to Search
Property profile & analytics
OFF-MARKET
Grocery and convenience stores
221 Hwy 41 Ringgold, GA 30736-8527
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1088439
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1958
Construction
STEEL FRAME
Total area
4,650 SF
Lot
0.81 ac (35,284 SF)
Zoning code
C-1
APN
0019A020
UPID
US22-1088439
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Living Faith Church INC · 1 yrs held
Living Faith Church INC
since 2025
7 recorded transactions
Zoning & alternative use
C-1 · Ringgold, 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 Ringgold submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ringgold 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
$2,894
Tax year 2023
Assessed value
$129,286
Assessed 2023
Previous assessed
$129,286
+0.0% YoY
Effective rate
2.24%
On assessed value
Assessed land
$46,718
Assessed improvement
$82,568
Land market value
$116,796
Improvement market value
$206,421
Total market value
$323,217
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1958
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
4,650 SF
Lot
0.81 ac (35,284 SF)
Zoning code
C-1
APN
0019A020
UPID
US22-1088439
Jurisdiction
CATOOSA
Zoning & alternative use
C-1 · Ringgold, GA
Zoning C-1 · permitted uses
C-1 · Ringgold, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ringgold. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1958
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.81 ac
Current owner
From public records · entity-resolved
Living Faith Church INC
Entity
Free & Clear · 1 yrs held
Mailing address
38 MORNING GLORY DR, RINGGOLD, GA 30736-2631
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2025
—
Mega Star Ventures LLC
—
Deed
related
$2,000,000 · Black Family Revocable Living Trust
Jan 24, 2025
—
Living Faith Church INC
Living Faith Baptist Church
Warranty Deed
—
Oct 8, 2018
—
Black Family Living Trust
—
Deed
related
$490,972 · Smartbank
May 21, 2018
—
Black Family Living Trust
Black,randy L & Pamela C
Quit Claim Deed
related
—
Jan 6, 2017
—
Randy L Black
—
Deed
related
—
Jul 29, 2016
—
Randy L Black
—
Deed
related
$60,000 · Smartbank
—
—
Randy L Black
—
Deed Of Trust
related
$963,733 · Cornerstone Community Bank
—
—
Randy L Black
—
Deed Of Trust
related
$60,000 · Cornerstone Community Bank
—
—
Randy L Black
—
Loan Modification
related
—
—
—
Randy L Black
—
Loan Modification
related
—
—
—
Randy L Black
—
Loan Modification
related
$60,000 · Smartbank
—
—
Black Family Living Trust
—
Loan Modification
related
$490,972 · Smartbank
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 221 Hwy 41?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
