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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Turn key restaurants
2240 Pt Rd Lagrange, GA 30240-4062
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-1136715
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1993
Total area
5,915 SF
Lot
1.32 ac (57,499 SF)
Zoning code
01-GC
APN
0711C000016
UPID
US22-1136715
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
-
Zoom Auto Transport Trucking Company
-
Hog Heaven/ Red Rooster Restaurant
-
Red Rooster Restaurant Buffet
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$645k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$430k
Blend (final)
Blend
$645k
Owner & transaction history
Chef Chang Lagrange LLC · 2 yrs held
Chef Chang Lagrange LLC
since 2024
Last sale
$645,000
4 recorded transactions
Zoning & alternative use
01-GC · Lagrange, 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 Lagrange submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lagrange 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
$645,000
ML approach
$645,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$645k
Range $581k – $710k · ±10% · vs last sale $645k (Apr 30 2024)
Last sale anchor
$645k
Apr 30 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
$109 / 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
$3,305
Tax year 2023
Assessed value
$121,184
Assessed 2023
Previous assessed
$121,184
+0.0% YoY
Effective rate
2.73%
On assessed value
Assessed land
$49,480
Assessed improvement
$71,704
Land market value
$123,700
Improvement market value
$179,260
Total market value
$302,960
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1993
Heating
SOLAR
Stories
1
Bathrooms
5
Total area
5,915 SF
Lot
1.32 ac (57,499 SF)
Zoning code
01-GC
APN
0711C000016
UPID
US22-1136715
Jurisdiction
TROUP
Zoning & alternative use
01-GC · Lagrange, GAZoning 01-GC · permitted uses
01-GC · Lagrange, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1993
Heating
SOLAR
Stories
1
Bathrooms
5
Lot
1.32 ac
Current owner
From public records · entity-resolved
Chef Chang Lagrange LLC
Entity
Mailing address
2240 W POINT, RD, GA
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2024
$645,000
Chef Chang Lagrange LLC
Hog Heaven Real Estate LLC
Limited Warranty Deed
$585,000 · Metro City Bank
Aug 21, 2018
$550,000
Hog Heaven Real Estate LLC
Barnyard Real Estate LLC
Grant Deed
$189,000 · Florida Busn Dev
Oct 5, 2005
—
Real Barnyard
Terri L Bailey
Deed
—
—
—
Barnyard Real Estate LLC
—
Deed Of Trust
related
$172,020 · Suntrust Bank NA
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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