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Property profile & analytics
FOR SALE
Grocery and convenience stores
2901 Anvil Block Rd, Ellenwood, GA 30294
Individually Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1805133
For Sale
$500,000
2901 Anvil Block Rd, Ellenwood, GA 30294
View Listing →
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2023
Total area
3,720 SF
Lot
0.88 ac (38,333 SF)
Zoning code
PUD
APN
12-235D- A-002
UPID
US22-1805133
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
-
bp Gas Station
-
Captain D's Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$920k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$920k
Owner & transaction history
Elinore E Boeke · 10 yrs held
Elinore E Boeke
since 2015
5 recorded transactions
Zoning & alternative use
PUD · Ellenwood, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+101.1%
Office building
$615,000
+17.1%
Commercial (general)
$555,000
+5.7%
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 Ellenwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ellenwood 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%
$995,000
6.5%
$920,000
7%
$855,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,055,000
Change: +101% · Conversion: Difficult
OFFICE BUILDING
$615,000
Change: +17% · Conversion: Moderate
COMMERCIAL (GENERAL)
$555,000
Change: +6% · Conversion: Easy
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±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
$247 / 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
$14,196
Tax year 2024
Assessed value
$363,880
Assessed 2024
Previous assessed
$76,680
+374.5% YoY
Effective rate
3.90%
On assessed value
Assessed land
$76,680
Assessed improvement
$287,200
Land market value
$191,700
Improvement market value
$718,000
Total market value
$909,700
Applied tax rate
8.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
For Sale
Year built
2023
Heating
NONE
Total area
3,720 SF
Lot
0.88 ac (38,333 SF)
Zoning code
PUD
APN
12-235D- A-002
UPID
US22-1805133
Jurisdiction
CLAYTON
Zoning & alternative use
PUD · Ellenwood, GA
Zoning PUD · permitted uses
PUD · Ellenwood, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ellenwood. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$1.1M
OFFICE BUILDING
Est. value
$615,000
COMMERCIAL (GENERAL)
Est. value
$555,000
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
2023
Heating
NONE
Lot
0.88 ac
Current owner
From public records · entity-resolved
Elinore E Boeke
Individual
Free & Clear · 10 yrs held
Mailing address
3263 BAGLEY PSGE, DULUTH, GA 30097-3790
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2022
—
Ali Bhai Investments INC
—
Deed
related
$2,452,100 · Renasant Bank
Dec 30, 2015
—
Elinore E Boeke
Boeke Eugene H JR Trust
Quit Claim Deed
related
—
Jan 2, 2014
—
Credit Shelter Trust
Boeke Eugene H JR
Grant Deed
—
May 19, 2007
$78,400
Clayton County
Boeke,eugene H JR
Grant Deed
—
Jan 24, 2005
$41,500
Boeke,eugene H JR
Gellerstedt,ll JR
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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