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Property profile & analytics
FOR SALE
Commercial real estate
23 Joy Bridge Rd Lakemont, GA 30552
Individually Owned
15-yr Hold
~
Est. High Equity
Property ID
US22-2334173
For Sale
1 / 40
$1,170,000
23 Joy Bridge Rd, Lakemont, GA 30552
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2006
Construction
WOOD
Total area
700 SF
Lot
4.46 ac (194,278 SF)
Zoning code
CB
APN
046D 070
UPID
US22-2334173
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
-
Tallulah Trading Company Specialty Food Shop Farmer's Market
-
GOTZHOLD Bar & Pub
-
GREENE MOON Hotel & Motel Resort
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
Eric B Anthony · 15 yrs held
Eric B Anthony
since 2011
4 recorded transactions
Zoning & alternative use
CB · Lakemont, 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 Lakemont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakemont 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
$2,008
Tax year 2023
Assessed value
$109,724
Assessed 2023
Previous assessed
$109,724
+0.0% YoY
Effective rate
1.83%
On assessed value
Assessed land
$60,210
Assessed improvement
$49,514
Land market value
$150,525
Improvement market value
$123,786
Total market value
$274,311
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
2006
Construction
WOOD
Heating
HEAT PUMP
Cooling
CENTRAL
Total area
700 SF
Lot
4.46 ac (194,278 SF)
Zoning code
CB
APN
046D 070
UPID
US22-2334173
Jurisdiction
RABUN
Zoning & alternative use
CB · Lakemont, GAZoning CB · permitted uses
CB · Lakemont, 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
2006
Construction
WOOD
Heating
HEAT PUMP
Cooling
Yes
Lot
4.46 ac
Current owner
From public records · entity-resolved
Eric B Anthony
Individual
Mailing address
PO BOX 40, LAKEMONT, GA 30552-0001
Ownership since
2011
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
Jun 17, 2011
$47,000
Eric B Anthony
Cbt
Grant Deed
—
Dec 28, 2009
$350,000
Eric B Anthony
Mccracken,anthony & Tracy
Warranty Deed
related
$300,000 · Anthony & Tracy Mccracken
Aug 31, 2009
—
Sam Mccracken
Department Of Transportation
Quit Claim Deed
related
—
—
—
Eric Brent Anthony
—
Deed Of Trust
related
$115,000 · Rabun 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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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