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    Property profile & analytics

    2448 Hwy 51st S Lula, GA 30554-3877

    • Commercial real estate
    • 2,494 SF
    • 1.05 lot acres
    OFF-MARKET
    Value Estimation
    $265,000
    Location Intelligence
    Property ID
    US22-2879859
    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

    • Commercial real estate

    Property Details for 2448 Hwy 51st S

    Year built
    1988
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.05 lot acres
    Property size
    2,494 SF
    Zone code
    C2
    Property type
    Commercial real estate
    APN
    B17 097
    APU
    B17097

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $275,000

    • CAP approach

      CAP return
      Estimation
      6%
      $275,000
      6.5%
      $245,000
      7%
      $255,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $250,000
      Geo Method
      $290,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $235,000
      Retail
      $230,000
      Mixed-Use
      $300,000
      Hospitality
      $270,000
      Educational
      $230,000
      Residential Income
      $230,000
      Energy
      $245,000
      Income-Based Land
      $225,000
      Food Service
      $290,000

    Location Insight

    • Map
    • Local Demand
    City
    Lula
    County
    Banks
    State
    Georgia
    Longitude
    -83.5748
    Latitude
    34.3498

    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
    $1,985
    $27,825
    $66,632
    $94,457
    -
    $69,563
    $166,581
    $236,144

    Comparable in this City

    • Value Estimation
      $50,000
      952 SF

      6115 Banks St

      COMMERCIAL (GENERAL) • 952 SF
      6115 Banks St, Lula, GA 30554-2861
      View Details
    • Value Estimation by Request
      1,056 SF

      6014 Athens St

      COMMERCIAL (GENERAL) • 1,056 SF
      6014 Athens St, Lula, GA 30554
      View Details
    • Value Estimation by Request
      23.77 Acres

      4850 Cornelia Hwy

      Land • 23.77 Acres
      4850 Cornelia Hwy, Lula, GA 30554
      View Details
    • Value Estimation
      $350,000
      3,300 SF

      1806 Moccasin Gap Rd

      COMMERCIAL (GENERAL) • 3,300 SF
      1806 Moccasin Gap Rd, Lula, GA 30554-3626
      View Details
    • Value Estimation
      $510,000
      18,900 SF

      5278 Mtn Ctr Plz

      SHOW ROOM, WAREHOUSE • 18,900 SF
      5278 Mtn Ctr Plz, Lula, GA 30554
      View Details
    • Value Estimation by Request
      1,724 SF

      6663 Main St

      COMMERCIAL (GENERAL) • 1,724 SF
      6663 Main St, Lula, GA 30554-2915
      View Details

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    • Contact for pricing
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    • New
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    2448 Hwy 51st S
    Lula, GA 30554-3877
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    Realmo Value Estimation

    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.

    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.

    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
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