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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Strip malls
2375 Broad St Athens, GA 30606-3453
Entity Owned
5-yr Hold
Free & Clear
Property ID
US22-0976168
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1989
Construction
STEEL FRAME
Total area
11,805 SF
Lot
2.57 ac (111,949 SF)
Zoning code
C-G
APN
12-1-D4 A-003
UPID
US22-0976168
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
-
3 Minute Carwash & Detail Car Wash
-
Ebony Cooke, PA-C Physician
-
Samantha Ashmead, PA-C Physician
-
Kara Whyte, PA-C Physician
-
Athens Flooring Depot Big Box & Wholesale Store Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$535k
Owner & transaction history
2375 W Broad LLC · 5 yrs held
2375 W Broad LLC
since 2021
7 recorded transactions
Zoning & alternative use
C-G · Athens, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$795,000
+60.5%
Industrial (general)
$680,000
+37.5%
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 Athens submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Athens 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$495,000
Current use
AUTO REPAIR, GARAGE
$795,000
Change: +61% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$680,000
Change: +37% · Conversion: Difficult
Blend value · Realmo final
$535k
Range $482k – $589k · ±10%
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
$45 / 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
$34,923
Tax year 2023
Assessed value
$1,117,544
Assessed 2023
Previous assessed
$1,117,544
+0.0% YoY
Effective rate
3.12%
On assessed value
Assessed land
$462,600
Assessed improvement
$654,944
Land market value
$1,156,500
Improvement market value
$1,637,360
Total market value
$2,793,860
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1989
Construction
STEEL FRAME
Heating
SPACE
Cooling
CENTRAL
Total area
11,805 SF
Lot
2.57 ac (111,949 SF)
Zoning code
C-G
APN
12-1-D4 A-003
UPID
US22-0976168
Jurisdiction
CLARKE
Zoning & alternative use
C-G · Athens, GA
Zoning C-G · permitted uses
C-G · Athens, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Athens. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$495,000
AUTO REPAIR, GARAGE
Est. value
$795,000
INDUSTRIAL (GENERAL)
Est. value
$680,000
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1989
Construction
STEEL FRAME
Heating
SPACE
Cooling
Yes
Lot
2.57 ac
Current owner
From public records · entity-resolved
2375 W Broad LLC
Entity
Free & Clear · 5 yrs held
Mailing address
296 W BROAD ST #3, ATHENS, GA 30601-2845
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 5, 2021
—
2375 W Broad LLC
2361 W Broad LLC
Warranty Deed
—
Jan 15, 2021
—
2375 W Broad Street LLC
Durable Annuity Co LLC
Warranty Deed
—
Aug 9, 2019
—
Durable Annuity Co LLC
Martin Mgmt Invs LP
Quit Claim Deed
related
—
Aug 7, 2019
$459,084
The Durable Annuity Co LLC
Martin Management Investments LP
Limited Warranty Deed
—
Dec 6, 2011
$1,100,000
Daeji Group LLC
Mj Land Investment LLC
Trustees Deed
related
—
Jan 11, 2007
$1,700,000
Mj Land Investment LLC
Athens Associates
Grant Deed
—
Jan 11, 2007
—
Mj Land Investment LLC
Athens Associates
Trustees Deed
$1,392,000 · Flagstar Bank Fsb
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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