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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Retail space
27 Tybrisa St Tybee Island, GA 31328
Entity Owned
20-yr Hold
Property ID
US22-3972902
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1916
Total area
3,538 SF
Lot
0.13 ac (5,702 SF)
Zoning code
C-1
APN
4-0008 -04-015
UPID
US22-3972902
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
-
Waves Surf Shop (Bike/Boat/Book/etc) Store
-
Step To the Beach Swimwear Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$620k
Comparable Approach
Comparable
$417k
Blend (final)
Blend
$625k
Owner & transaction history
27 Tybrisa LLC · 20 yrs held
27 Tybrisa LLC
since 2005
2 recorded transactions
Zoning & alternative use
C-1 · Tybee Island, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Districts is to provide central locations for city business and services to meet the market needs of the city residents and visitors
Zone name
Beach Business
General category
COMMERCIAL
Zone area
56.68 ac
Source
Realmo
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 Tybee Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tybee Island 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%
$670,000
6.5%
$620,000
7%
$575,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$955,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$625k
Range $563k – $688k · ±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
$177 / 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
Property tax & assessments
Assessed value
$311,280
Assessed 2024
Previous assessed
$311,280
+0.0% YoY
Assessed land
$148,200
Assessed improvement
$163,080
Land market value
$370,500
Improvement market value
$407,700
Total market value
$778,200
Applied tax rate
4.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1916
Heating
NONE
Cooling
AC.PACKAGE
Buildings
4
Stories
1
Total area
3,538 SF
Lot
0.13 ac (5,702 SF)
Zoning code
C-1
APN
4-0008 -04-015
UPID
US22-3972902
Jurisdiction
CHATHAM
Zoning & alternative use
C-1 · Tybee Island, GAZoning C-1 · permitted uses
C-1 · Tybee Island, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Districts is to provide central locations for city business and services to meet the market needs of the city residents and visitors
Zone name
Beach Business
General category
COMMERCIAL
Zone area
56.68 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$955,000
WAREHOUSE, STORAGE
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
1916
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Lot
0.13 ac
Current owner
From public records · entity-resolved
27 Tybrisa LLC
Entity
Mailing address
PO BOX 2497, TYBEE ISLAND, GA 31328-2497
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 19, 2019
—
27 Tybrisa LLC
—
Deed
related
$1,260,000 · Colony Bank
Sep 20, 2005
—
27 Tybrisa LLC
Not Provided
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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