New search
Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Grocery and convenience stores
2995 Expy Expressway, Griffin, GA 30223-6497
Entity Owned
1-yr Hold
Free & Clear
Property ID
US22-1963901
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2008
Construction
STEEL FRAME
Total area
3,087 SF
Lot
1.81 ac (78,844 SF)
Zoning code
C1
APN
242B-01-007-H
UPID
US22-1963901
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
$350k
CAP Approach
CAP
$765k
Comparable Approach
Comparable
$606k
Blend (final)
Blend
$570k
Owner & transaction history
Griffin 2995 North Expressway LLC · 1 yrs held
Griffin 2995 North Expressway LLC
since 2025
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
by Request
ML approach
$350,000
CAP Approach
CAP Return
Estimation
6%
$825,000
6.5%
$765,000
7%
$710,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$435,000
Change: 0% · Conversion: Easy
OFFICE BUILDING
$380,000
Change: 0% · Conversion: Moderate
Blend value · Realmo final
$570k
Range $513k – $627k · ±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
$185 / 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
$12,651
Tax year 2023
Assessed value
$353,267
Assessed 2023
Previous assessed
$353,267
+0.0% YoY
Effective rate
3.58%
On assessed value
Assessed land
$110,475
Assessed improvement
$242,792
Land market value
$276,188
Improvement market value
$606,979
Total market value
$883,167
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
2008
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Total area
3,087 SF
Lot
1.81 ac (78,844 SF)
Zoning code
C1
APN
242B-01-007-H
UPID
US22-1963901
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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$435,000
OFFICE BUILDING
Est. value
$380,000
COMMERCIAL (GENERAL)
OFFICE 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
2008
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Lot
1.81 ac
Current owner
From public records · entity-resolved
Griffin 2995 North Expressway LLC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 933, JACKSON, GA 30233-0020
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2025
—
Griffin 2995 North Expressway LLC
William B Jones
Quitclaim Deed
related
—
Nov 12, 2019
—
William B Jones
—
Deed
related
—
Apr 4, 2019
—
William B Jones
—
Deed
related
$2,000,000 · Heritage Bk
Oct 24, 2016
—
William B Jones
—
Deed
related
—
Dec 3, 2010
$665,000
William B Jones
Heritage Bk
Grant Deed
$565,250 · Heritage Bank
Nov 30, 2010
$665,000
William B Jones
Heritage Bank
Grant Deed
—
Oct 13, 2010
$1,250,000
Bk Heritage
Buildexpress LLC
Trustees Deed
related
—
Oct 5, 2010
—
Heritage Bank
Buildexpress LLC
Grant Deed
related
—
—
—
William B Jones
—
Deed Of Trust
related
$2,000,000 · Heritage Bk
—
—
William B Jones
—
Loan Modification
related
—
—
—
William B Jones
—
Loan Modification
related
—
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 2995 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.
