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Property profile & analytics
OFF-MARKET
Estimated value
$895,000
Grocery and convenience stores
2440 Shurling Dr Macon, GA 31211-2522
Entity Owned
2-yr Hold
Free & Clear
Property ID
US22-0789204
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2006
Construction
STEEL FRAME
Total area
10,400 SF
Lot
1.54 ac (67,082 SF)
Zoning code
2
APN
M08C00 016B
UPID
US22-0789204
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
-
49 Food Mart Grocery & Convenience Store
-
ATM Atm
-
We Got You Restaurant Take-out & Catering
-
Sunoco Gas Station Gas Station
-
Chevron Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$930k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$826k
Blend (final)
Blend
$895k
Owner & transaction history
A K 5 Star Family LLC · 2 yrs held
A K 5 Star Family LLC
since 2024
Last sale
$950,000
6 recorded transactions
Zoning & alternative use
2 · Macon, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Planning & Zoning Commission
Top alternative use upside
Medical building
$1.3M
+53.5%
Commercial (general)
$1.0M
+15.3%
Retail stores
$915,000
+5.5%
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 Macon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Macon 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
$825,000
ML approach
$930,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$870,000
Current use
MEDICAL BUILDING
$1,335,000
Change: +53% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,000,000
Change: +15% · Conversion: Easy
RETAIL STORES
$915,000
Change: +6% · Conversion: Easy
INDUSTRIAL (GENERAL)
$790,000
Change: -9% · Conversion: Difficult
AUTO REPAIR, GARAGE
$725,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$895k
Range $806k – $985k · ±10% · vs last sale $950k (Aug 5 2021)
Last sale anchor
$950k
Aug 5 2021
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
$86 / 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
$13,333
Tax year 2023
Assessed value
$254,735
Assessed 2023
Previous assessed
$254,735
+0.0% YoY
Effective rate
5.23%
On assessed value
Assessed land
$15,400
Assessed improvement
$239,335
Land market value
$38,500
Improvement market value
$598,337
Total market value
$636,837
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2006
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
10,400 SF
Lot
1.54 ac (67,082 SF)
Zoning code
2
APN
M08C00 016B
UPID
US22-0789204
Jurisdiction
JONES
Zoning & alternative use
2 · Macon, GAZoning 2 · permitted uses
2 · Macon, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Planning & Zoning Commission
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$870,000
MEDICAL BUILDING
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.0M
RETAIL STORES
Est. value
$915,000
INDUSTRIAL (GENERAL)
Est. value
$790,000
AUTO REPAIR, GARAGE
Est. value
$725,000
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
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
2006
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.54 ac
Current owner
From public records · entity-resolved
A K 5 Star Family LLC
Entity
Free & Clear · 2 yrs held
Mailing address
423 SOUTHERN OAKS DR, MACON, GA 31216-4122
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 20, 2024
—
A K 5 Star Family LLC
USA 2018 LLC
Deed
—
Oct 16, 2023
—
Ak5 Star Family LLC
—
Deed
related
$1,500,000 · Masaki Investments
Aug 5, 2021
$950,000
A K 5 Star Family LLC
USA 2018 LLC
Warranty Deed
—
Feb 14, 2019
—
USA 2018 LLC
Macon Management Georgia LLC
Deed
related
$776,300 · Capital City Bank
Jan 14, 2019
$1,009,000
USA 2018 LLC
Macon Management Georgia LLC
Grant Deed
$776,300 · Capital Cty Bk
Jun 24, 2009
$2,100,000
Goga LLC
49er LLC
Grant Deed
—
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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