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Property profile & analytics
OFF-MARKET
Retail space
2924 Veterans Memorial SW Hwy Austell, GA 30168-4026
Individually Owned
13-yr Hold
~
Est. High Equity
Property ID
US22-3322726
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1937
Total area
1,218 SF
Lot
0.21 ac (9,000 SF)
Zoning code
GC
APN
18014100320
UPID
US22-3322726
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
-
Ten Dollar Hand Car Wash Car Wash
-
Dr Bombay's Community Barber & Beauty Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Michael E Johnson · 13 yrs held
Michael E Johnson
since 2013
7 recorded transactions
Zoning & alternative use
GC · Austell, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The GC district is established to provide locations for retail commercial and service uses which are oriented toward automotive businesses
Zone name
General Commercial
General category
COMMERCIAL
Zone area
199.26 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 Austell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Austell 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$614
Tax year 2024
Assessed value
$22,620
Assessed 2024
Previous assessed
$22,620
+0.0% YoY
Effective rate
2.71%
On assessed value
Assessed land
$22,620
Land market value
$56,550
Total market value
$56,550
Applied tax rate
2.0000
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
1937
Heating
YES
Stories
1
Rooms
6
Bathrooms
1
Total area
1,218 SF
Lot
0.21 ac (9,000 SF)
Zoning code
GC
APN
18014100320
UPID
US22-3322726
Jurisdiction
COBB
Zoning & alternative use
GC · Austell, GAZoning GC · permitted uses
GC · Austell, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The GC district is established to provide locations for retail commercial and service uses which are oriented toward automotive businesses
Zone name
General Commercial
General category
COMMERCIAL
Zone area
199.26 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1937
Heating
YES
Stories
1
Rooms
6
Bathrooms
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Michael E Johnson
Individual
Mailing address
PO BOX 777, AUSTELL, GA 30168-1008
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 21, 2013
$200,000
Michael E Johnson
Polston,willie A JR & Rebecca E
Grant Deed
$190,000 · Willie A JR & Rebecca E Polston
Jan 4, 2012
—
Willie A Polston JR.
Melendez,jose R
Deed In Lieu Of Foreclosure
related
—
May 9, 2007
$175,000
Jose R Melendez
Polston,willie A JR & Rebecca E
Grant Deed
$165,000 · Willie A JR & Rebecca E Polston
May 8, 2007
$175,000
Jose R Melendez
Polston,willie A
Grant Deed
—
Nov 2, 2006
$101,000
Willie A Polston JR.
Stewart,patrick & Laiping W
Warranty Deed
—
Oct 27, 2006
$101,000
Willie A Polston
Stewart,patrick
Grant Deed
—
Mar 31, 2006
$70,000
Patrick Stewart
Whelchel,mary W
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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