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Property profile & analytics
OFF-MARKET
Estimated value
$2,860,000
Retail space
2900 Watson Blvd, Centerville, GA 31028-1771
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-1369453
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1997
Construction
STEEL FRAME
Total area
11,480 SF
Lot
1.69 ac (73,616 SF)
Zoning code
C2
APN
0C0200 010000
UPID
US22-1369453
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
$2.88M
CAP Approach
CAP
$2.22M
Comparable Approach
Comparable
$2.00M
Blend (final)
Blend
$2.86M
Owner & transaction history
Inojs LLC · 3 yrs held
Inojs LLC
since 2022
Last sale
$3.5M
2 recorded transactions
Zoning & alternative use
C2 · Centerville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.5M
+131.6%
Apartment house (5+ units)
$2.4M
+26.1%
Commercial (general)
$2.3M
+17.5%
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 Centerville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Centerville 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
$3,075,000
ML approach
$2,875,000
CAP Approach
CAP Return
Estimation
6%
$2,395,000
6.5%
$2,215,000
7%
$2,055,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,920,000
Current use
RESTAURANT
$4,450,000
Change: +132% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,420,000
Change: +26% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,255,000
Change: +18% · Conversion: Easy
OFFICE BUILDING
$1,995,000
Change: +4% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,840,000
Change: -4% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,745,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$2.86M
Range $2.57M – $3.15M · ±10% · vs last sale $3.50M (Sep 14 2022)
Last sale anchor
$3.50M
Sep 14 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
$249 / 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
$20,758
Tax year 2023
Assessed value
$594,160
Assessed 2023
Previous assessed
$594,160
+0.0% YoY
Effective rate
3.49%
On assessed value
Assessed land
$404,880
Assessed improvement
$189,280
Land market value
$1,012,200
Improvement market value
$473,200
Total market value
$1,485,400
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1997
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
11,480 SF
Lot
1.69 ac (73,616 SF)
Zoning code
C2
APN
0C0200 010000
UPID
US22-1369453
Jurisdiction
HOUSTON
Zoning & alternative use
C2 · Centerville, GA
Zoning C2 · permitted uses
C2 · Centerville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Centerville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.9M
RESTAURANT
Est. value
$4.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.4M
COMMERCIAL (GENERAL)
Est. value
$2.3M
OFFICE BUILDING
Est. value
$2.0M
INDUSTRIAL (GENERAL)
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.7M
RETAIL STORES Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1997
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.69 ac
Current owner
From public records · entity-resolved
Inojs LLC
Entity
Mailing address
2900 WATSON BLVD, CENTERVILLE, GA 31028-1771
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 14, 2022
$3,500,000
Inojs LLC
Eckwarner Robins LLC
Limited Warranty Deed
$3,150,000 · Loyal Trust Bank
Sep 14, 2022
—
Inojs LLC
Eckwarner Robins LLC
Quit Claim Deed
related
$3,150,000 · Loyal Trust Bank
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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