New search
Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Grocery and convenience stores
2901 Expy Expressway, Griffin, GA 30223-6497
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0684638
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1955
Construction
WOOD
Total area
2,744 SF
Lot
2.69 ac (117,176 SF)
Zoning code
C1
APN
242B-01-007-D
UPID
US22-0684638
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
$935k
CAP Approach
CAP
$680k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$710k
Owner & transaction history
Gajanan Griffin LLC · 5 yrs held
Gajanan Griffin LLC
since 2020
Last sale
$750,000
7 recorded transactions
Zoning & alternative use
C1 · Griffin, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Griffin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Griffin 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
$670,000
ML approach
$935,000
CAP Approach
CAP Return
Estimation
6%
$735,000
6.5%
$680,000
7%
$630,000
Blend value · Realmo final
$710k
Range $639k – $781k · ±10% · vs last sale $750k (Sep 18 2020)
Last sale anchor
$750k
Sep 18 2020
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
$259 / 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
$7,616
Tax year 2023
Assessed value
$212,671
Assessed 2023
Previous assessed
$212,671
+0.0% YoY
Effective rate
3.58%
On assessed value
Assessed land
$107,600
Assessed improvement
$105,071
Land market value
$269,000
Improvement market value
$262,677
Total market value
$531,677
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
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
Off-Market
Year built
1955
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
2
Total area
2,744 SF
Lot
2.69 ac (117,176 SF)
Zoning code
C1
APN
242B-01-007-D
UPID
US22-0684638
Jurisdiction
SPALDING
Zoning & alternative use
C1 · Griffin, GA
Zoning C1 · permitted uses
C1 · Griffin, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Griffin. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1955
Construction
WOOD
Heating
YES
Cooling
Yes
Buildings
2
Lot
2.69 ac
Current owner
From public records · entity-resolved
Gajanan Griffin LLC
Entity
Mailing address
408 CASTLE ROCK, MCDONOUGH, GA 30253-4295
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Apr 15, 2022
—
Gajanan Griffin LLC
—
Deed
related
$577,000 · Patriot Bank
Sep 28, 2020
$750,000
Gajanan Griffin LLC
Fish Dog LLC
Grant Deed
$550,000 · Millenium Inv Grp
Jan 8, 2009
$375,000
Fish Dog LLC
United Bk
Grant Deed
$375,000 · United Bank
Dec 31, 2008
$375,000
Fish Dog LLC
United Bank
Grant Deed
$375,000 · United Bank
May 9, 2008
$638,032
United Bank
Bailes,roger W & Pamela S
Trustees Deed
related
—
May 6, 2008
—
United Bank
Bailes,roger W
Grant Deed
related
—
—
—
Fish Dog LLC
—
Deed Of Trust
related
$375,000 · United Bank
—
—
Fish Dog LLC
—
Deed Of Trust
related
$375,000 · United 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.
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?”
You own 2901 Expy Expressway?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
