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Property profile & analytics
OFF-MARKET
Retail space
23 Alabama St Cave Spring, GA 30124-2611
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US22-2659387
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1930
Construction
WOOD FRAME
Total area
1,308 SF
Lot
0.46 ac (20,038 SF)
Zoning code
NONE
APN
E19X- -118 -
UPID
US22-2659387
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
-
Joe Hill's Lawn Mower Shop General Contractor Hardware & Home Improvement
-
CAVE SPRING OUTDOOR EQUIPMENT (Bike/Boat/Book/etc) Store Garden Center
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
Cave Spring Investments LLC · 5 yrs held
Cave Spring Investments LLC
since 2020
Last sale
$150,000
7 recorded transactions
Zoning & alternative use
NONE · Cave Spring, 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 Cave Spring submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cave Spring 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
$1,424
Tax year 2023
Assessed value
$54,028
Assessed 2023
Previous assessed
$54,028
+0.0% YoY
Effective rate
2.64%
On assessed value
Assessed land
$5,336
Assessed improvement
$48,692
Land market value
$13,340
Improvement market value
$121,731
Total market value
$135,071
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1930
Construction
WOOD FRAME
Heating
NONE
Total area
1,308 SF
Lot
0.46 ac (20,038 SF)
Zoning code
NONE
APN
E19X- -118 -
UPID
US22-2659387
Jurisdiction
FLOYD
Zoning & alternative use
NONE · Cave Spring, GA
Zoning NONE · permitted uses
NONE · Cave Spring, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cave Spring. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Construction
WOOD FRAME
Heating
NONE
Lot
0.46 ac
Current owner
From public records · entity-resolved
Cave Spring Investments LLC
Entity
Mailing address
PO BOX 671, CAVE SPRING, GA 30124-0671
Ownership since
2020
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
Dec 15, 2020
$150,000
Cave Spring Investments LLC
Terry L Caldwell
Warranty Deed
$640,000 · Terry L & Susan H Caldwell
Sep 25, 2019
—
Terry L Caldwell
Terry Caldwell
Quit Claim Deed
related
$498,038 · United Cmnty Bk
Mar 21, 2019
—
Terry L Caldwell
—
Deed
related
$222,130 · Heritage First Bk
Nov 6, 2018
—
Terry L Caldwell
—
Deed
related
$306,532 · Heritage First Bk
Jan 21, 2011
$94,000
Terry Caldwell
Tate,ray J SR
Grant Deed
—
Jan 20, 2011
$94,000
Terry Caldwell
Tate,ray James JR
Grant Deed
—
—
—
Terry L Caldwell
—
Deed Of Trust
related
$306,532 · Heritage First Bk
—
—
Terry L Caldwell
—
Deed Of Trust
related
$222,130 · Heritage First Bk
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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