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Property profile & analytics
OFF-MARKET
Estimated value
$9,875,000
Grocery and convenience stores
2849 Candler Rd Decatur, GA 30034-1412
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1610535
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1975
Total area
28,866 SF
Lot
2.69 ac (117,176 SF)
Zoning code
X
APN
15 120 02 089
UPID
US22-1610535
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
-
The White Family Cemetery Cemetery
-
Big Bear Supermarket Specialty Food Shop Supermarket
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.65M
CAP Approach
CAP
$6.25M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.88M
Owner & transaction history
2801 Candler Road Holdings LLC · 5 yrs held
2801 Candler Road Holdings LLC
since 2021
Last sale
$13.4M
3 recorded transactions
Zoning & alternative use
X · Decatur, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$13.8M
+104.9%
Auto repair, garage
$7.6M
+13.3%
Office building
$7.3M
+8.8%
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 Decatur submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Decatur 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
$13,585,000
ML approach
$9,645,000
CAP Approach
CAP Return
Estimation
6%
$6,765,000
6.5%
$6,245,000
7%
$5,800,000
Alternative Use
Use
Estimation
RETAIL STORES
$6,725,000
Current use
RESTAURANT
$13,780,000
Change: +105% · Conversion: Easy
AUTO REPAIR, GARAGE
$7,620,000
Change: +13% · Conversion: Difficult
OFFICE BUILDING
$7,315,000
Change: +9% · Conversion: Easy
MEDICAL BUILDING
$6,690,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$9.88M
Range $8.89M – $10.86M · ±10% · vs last sale $13.36M (Feb 2 2021)
Last sale anchor
$13.36M
Feb 2 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
$342 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$18,979
Tax year 2024
Assessed value
$360,000
Assessed 2024
Previous assessed
$360,000
+0.0% YoY
Effective rate
5.27%
On assessed value
Assessed land
$273,600
Assessed improvement
$86,400
Land market value
$684,000
Improvement market value
$216,000
Total market value
$900,000
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
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1975
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
28,866 SF
Lot
2.69 ac (117,176 SF)
Zoning code
X
APN
15 120 02 089
UPID
US22-1610535
Jurisdiction
DE KALB
Zoning & alternative use
X · Decatur, GA
Zoning X · permitted uses
X · Decatur, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Decatur. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$6.7M
RESTAURANT
Est. value
$13.8M
AUTO REPAIR, GARAGE
Est. value
$7.6M
OFFICE BUILDING
Est. value
$7.3M
MEDICAL BUILDING
Est. value
$6.7M
RETAIL STORES Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
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
1975
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
2.69 ac
Current owner
From public records · entity-resolved
2801 Candler Road Holdings LLC
Entity
Free & Clear · 5 yrs held
Mailing address
4439 DUNMORE RD NE, MARIETTA, GA 30068-4224
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2021
$13,361,137
2801 Candler Road Holdings LLC
Thor Gallery At South Dekalb LLC
Warranty Deed
—
Feb 2, 2021
$4,488,863
2801 Candler Road Holdings LLC
Thor South Dekalb Retail LLC
Warranty Deed
—
Mar 4, 2008
$1,450,000
Bj Bear LLC
Couch,warner R
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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