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Property profile & analytics

2230 Salem SE Rd Conyers, GA 30013-1843

  • Drive through restaurants
  • 2,547 SF
  • 0.65 lot acres
OFF-MARKET
Last Sale
Apr 02, 2025
$1,990,607
Value Estimations
$1,745,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US22-1644276
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Tony's Cool Ice Cream Salem Rd / Takeout Restaurant / Ice Cream Shop
  • Burger King / Restaurant / Fast Food Restaurant

Property Details for 2230 Salem SE Rd

Year built
1988
Construction
WOOD
Lot size
0.65 lot acres
Property size
2,547 SF
Zone code
MXD
Property type
Drive through restaurants
APN
093-0-02-009G
APU
093002009G

Description

This exceptional investment opportunity presents a 2,547 square foot Burger King located at 2230 Salem Rd SE, Conyers, GA 30013. Situated on a 0.65-acre lot, this single-tenant, absolute triple-net (NNN) property boasts a 14+ year remaining lease term (expiring 10/30/2038) with a franchisee operator owning 40+ units. The property benefits from its prime location directly off exit 84 (Salem Road) of US Highway 278, adjacent to Interstate 20, with visible exit ramp signage. This high-traffic area sees approximately 40,000 vehicles daily. The property's strong financial performance is reflected in its $171,399 NOI and a 6.50% cap rate, with an asking price of $2,636,892 ($1,035.29/sq ft). The lease includes rent bumps and four 5-year renewal options. The surrounding area demonstrates excellent demographics, with an average household income of $77,038 within 1, 3, and 5 miles. This Burger King's success is further supported by its interstate visibility, high traffic counts, and the area's population growth. This is a rare opportunity to acquire a well-performing, long-term NNN investment in a strong market.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $1,725,000
    ML approach
    $1,880,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,798,000
    Market price range: $342k - $1.80M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Conyers
County
Rockdale
State
Georgia
Longitude
-83.9782
Latitude
33.6313
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$35,095
$90,680
$793,560
$884,240
-
$226,700
$1,983,900
$2,210,600
More about this property
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