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Property profile & analytics
OFF-MARKET
Drive through restaurants
2231 Scenic N Hwy Snellville, GA 30078-2653
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US22-0987605
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2020
Construction
WOOD
Total area
2,894 SF
Lot
0.63 ac (27,443 SF)
Zoning code
BG-GENERAL BUSINESS
APN
5-026 -028A
UPID
US22-0987605
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
Patrick & Jenifer Caughey Family Tr · 5 yrs held
Patrick & Jenifer Caughey Family Tr
since 2021
7 recorded transactions
Zoning & alternative use
BG-GENERAL BUSINESS · Snellville, 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 Snellville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Snellville 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
$21,959
Tax year 2023
Assessed value
$591,880
Assessed 2023
Previous assessed
$591,880
+0.0% YoY
Effective rate
3.71%
On assessed value
Assessed land
$170,000
Assessed improvement
$421,880
Land market value
$425,000
Improvement market value
$1,054,700
Total market value
$1,479,700
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2020
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
1
Total area
2,894 SF
Lot
0.63 ac (27,443 SF)
Zoning code
BG-GENERAL BUSINESS
APN
5-026 -028A
UPID
US22-0987605
Jurisdiction
GWINNETT
Zoning & alternative use
BG-GENERAL BUSINESS · Snellville, GA
Zoning BG-GENERAL BUSINESS · permitted uses
BG-GENERAL BUSINESS · Snellville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Snellville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2020
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.63 ac
Current owner
From public records · entity-resolved
Patrick & Jenifer Caughey Family Tr
Individual
Mailing address
PO BOX 231323, ENCINITAS, CA 92023-1323
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2021
$2,693,069
Patrick & Jenifer Caughey Family Tr
Restairant Holdings LLC
Warranty Deed
—
Aug 20, 2019
$1,275,000
Restaurant Holdings LLC
Eden Rock Scenic Highway LLC
Trustees Deed
$31,000,000 · Mercantile Bk/mi
Sep 13, 2017
$245,000
Eden Rock Scenic Highway LLC
2231 Scenic LLC
Grant Deed
—
Sep 13, 2017
—
Eden Rock Scenic Hichway LLC
2229 Scenic LLC
Quit Claim Deed
related
—
Nov 24, 2009
$125,000
Linda S George
George,john C JR
Warranty Deed
related
$200,000 · Chattahoochee Bank
Nov 6, 2009
$150,000
Linda S George
George,john C JR
Grant Deed
related
—
—
—
John C George JR.
—
Deed Of Trust
related
$200,000 · Chattahoochee Bank Georgia
—
—
John C George JR.
—
Deed Of Trust
related
$99,000 · Verity 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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