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Property profile & analytics
OFF-MARKET
Estimated value
$2,670,000
Specialty properties
2540 Hopewell Rd, Milton, GA 30004-2858
Entity Owned
4-yr Hold
Property ID
US22-4312312
Property profile
Verified
Property type
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Year built
2014
Construction
WOOD
Total area
20,500 SF
Lot
6 ac (261,360 SF)
Zoning code
AG1
APN
22 506006790406
UPID
US22-4312312
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.75M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.67M
Owner & transaction history
Shore Capital Real Estate Partners · 4 yrs held
Shore Capital Real Estate Partners
since 2022
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
AG1 · Milton, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.1M
+71.3%
Office building
$2.5M
+37.5%
Restaurant
$2.0M
+10.6%
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 Milton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milton 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
$2,600,000
ML approach
$2,750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
VETERINARY, ANIMAL HOSPITAL
$1,800,000
Current use
COMMERCIAL (GENERAL)
$3,080,000
Change: +71% · Conversion: Difficult
OFFICE BUILDING
$2,475,000
Change: +37% · Conversion: Difficult
RESTAURANT
$1,990,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$2.67M
Range $2.40M – $2.94M · ±10% · vs last sale $2.67M (Jun 21 2022)
Last sale anchor
$2.67M
Jun 21 2022
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
$130 / 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
$22,711
Tax year 2023
Assessed value
$804,600
Assessed 2023
Previous assessed
$804,600
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$315,080
Assessed improvement
$489,520
Land market value
$787,700
Improvement market value
$1,223,800
Total market value
$2,011,500
Applied tax rate
56.0000
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
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Status
Off-Market
Year built
2014
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Rooms
4
Bathrooms
1
Total area
20,500 SF
Lot
6 ac (261,360 SF)
Zoning code
AG1
APN
22 506006790406
UPID
US22-4312312
Jurisdiction
FULTON
Zoning & alternative use
AG1 · Milton, GA
Zoning AG1 · permitted uses
AG1 · Milton, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
VETERINARY, ANIMAL HOSPITAL Current
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$3.1M
OFFICE BUILDING
Est. value
$2.5M
RESTAURANT
Est. value
$2.0M
VETERINARY, ANIMAL HOSPITAL Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
RESTAURANT
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
2014
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
4
Bathrooms
1
Lot
6 ac
Current owner
From public records · entity-resolved
Shore Capital Real Estate Partners
Entity
Mailing address
2540 HOPEWELL RD, MILTON, GA 30004-2858
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2022
$2,666,667
Shore Capital Real Estate Partners
Countryside Holdings LLC
Warranty Deed
—
Jan 28, 2014
$365,000
Matthew Engleka
Foothills Community Bank
Grant Deed
—
Jan 28, 2014
—
Matthew Engleka
Foothills Community Bank
Quit Claim Deed
related
$237,250 · Keyworth Bk
Mar 13, 2013
$347,075
First Citizens Bk Of Ga
Burruss Dev & Construction INC
Trustees Deed
related
—
Dec 6, 2007
—
Burruss Dev & Construction INC
Energy Wise Homes INC
Warranty Deed
$1,200,000 · First Citizens Bk/sc
Nov 28, 2007
—
Burruss Development Constructi
Energy Wise Homes INC
Grant Deed
$1,200,000 · First Citizens Bank Georgia
Dec 6, 2004
$450,000
Energy Wise Homes INC
Wood,dorothy E
Warranty Deed
—
Dec 6, 2004
—
Energy Wise Homes INC
Wood,dorothy E
Quit Claim Deed
related
$475,000 · United Cmnty Bk
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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