Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2400 Salem SE Rd Conyers, GA 30013-6313

    • Grocery and convenience stores
    • 4,176 SF
    • 1.94 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1319408
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Wells Fargo ATM / Atm
    • QuikTrip / Gas Station
    • Western Union / Bank / Credit Union
    • Dionne / Travel Agency

    Property Details for 2400 Salem SE Rd

    Year built
    2002
    Construction
    CONCRETE
    Lot size
    1.94 lot acres
    Property size
    4,176 SF
    Zone code
    C2
    Property type
    Grocery and convenience stores
    APN
    093-0-02-009P
    APU
    093002009P

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Conyers
    County
    Rockdale
    State
    Georgia
    Longitude
    -83.9765
    Latitude
    33.626
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $40,047
    $269,840
    $708,080
    $977,920
    -
    $674,600
    $1,770,200
    $2,444,800

    Comparable in this City

    • Value Estimation by Request
      8,433 SF

      2601 Ga-138

      Individual retail properties • 8,433 SF
      2601 Ga-138, Conyers, GA 30013
      View Details
    • Value Estimation by Request
      4,060 SF

      1395 Hwy 138th NE

      CONVENIENCE STORE • 4,060 SF
      1395 Hwy 138th NE, Conyers, GA 30013-1269
      View Details
    • Value Estimation by Request
      2,082 SF

      2130 Salem SE Rd

      CONVENIENCE STORE • 2,082 SF
      2130 Salem SE Rd, Conyers, GA 30013-1824
      View Details
    • Value Estimation by Request
      5,992 SF

      1801 Hwy 138th NE

      CONVENIENCE STORE • 5,992 SF
      1801 Hwy 138th NE, Conyers, GA 30013-1249
      View Details
    • Value Estimation by Request
      6,095 SF

      1744 Hwy 138th NE

      CONVENIENCE STORE • 6,095 SF
      1744 Hwy 138th NE, Conyers, GA 30013-1262
      View Details
    • Value Estimation by Request
      3,140 SF

      1437 Hwy 138th SE

      CONVENIENCE STORE • 3,140 SF
      1437 Hwy 138th SE, Conyers, GA 30013-1286
      View Details

    Similar Nearby for Sale

    • $1,500,000

      Land with I-20 Frontage

      Commercial land with building, high visibility, and development potential.
      2397 Iris Dr SE, Conyers, GA 30013
      View Details
    • $1,500,000
      1.63 Acres

      Commercial Land I-20 Frontage

      Automobile sales business opportunity with I-20 frontage and access.
      2397 Iris Dr SE, Conyers, GA 30013
      View Details
    • $749,900
      1 SF

      Commercial Property in Conyers, GA

      Commercial property for sale in Conyers, Rockdale County, Georgia.
      1691 Highway 138, Conyers, GA 30013
      View Details
    • $1,150,000

      Free-Standing Retail Building For Sale

      Highly visible retail building with grandfathered signage in Conyers, GA.
      1724 Highway 138 SE, Conyers, GA 30013
      View Details
    • $100,000
      4.11 Acres

      4+ Acres Wooded Land, Conyers

      4+ acres of wooded land suitable for single-family or manufactured home.
      3060 Highway 20 SE, Conyers, GA 30013
      View Details
    • $367,500
      1,680 SF

      Well-Maintained Brick Duplex in Conyers

      Four-sided brick duplex with income potential in growing Conyers.
      2611 Golfview Ter SE, Conyers, GA 30013
      View Details

    Similar Nearby for Lease

    • $4,166 /Mo
      2,000 SF

      New Retail Space with Drive-Through

      2,000 SF corner retail space with drive-through in Conyers.
      597 Sigman Rd NE, Conyers, GA 30013
      View Details
    • Contact for pricing
      14,400 SF

      Shops at East View: Conyers Retail

      High-traffic Conyers retail space available.
      1955 Highway 138, Conyers, GA 30013
      View Details
    • Contact for pricing
      118,916 SF

      Conyers Commons Retail Space Available

      Prime Conyers retail space, multiple units.
      2203 Ga-20, Conyers, GA 30013
      View Details
    • Contact for pricing
      43,560 SF

      Conyers, GA Commercial Land Lease

      Prime 1-acre commercial lot, ground lease available.
      2198 Salem Rd, Conyers, GA 30013
      View Details
    • Contact for pricing

      Retail Center in Conyers Corridor

      Multi-tenant retail center with high traffic and quality construction.
      1550 Highway 138 SE, Conyers, GA 30013
      View Details
    • Contact for pricing
      90,218 SF

      Conyers Square Retail Center

      High-traffic retail space in Conyers, GA
      1745 Ga-138, Conyers, GA 30013
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2400 Salem SE Rd
    Conyers, GA 30013-6313
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!