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Property profile & analytics
OFF-MARKET
Estimated value
$1,925,000
Automotive properties
304 Ware St Blackshear, GA 31516-1414
Entity Owned
8-yr Hold
Free & Clear
Property ID
US22-3477805
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2014
Construction
STEEL FRAME
Total area
23,901 SF
Lot
6.49 ac (282,704 SF)
Zoning code
C
APN
B05-017
UPID
US22-3477805
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
-
Ford Service Center Auto Repair Shop
-
Ford Auto Parts Auto Parts Store
-
Mike Burch Ford Blackshear Car Dealership Auto Repair 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
$1.93M
Owner & transaction history
Jmac Holdings INC · 8 yrs held
Jmac Holdings INC
since 2017
4 recorded transactions
Zoning & alternative use
C · Blackshear, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.0M
+29.8%
Restaurant
$2.9M
+27.4%
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 Blackshear submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Blackshear 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,280,000
Current use
COMMERCIAL (GENERAL)
$2,960,000
Change: +30% · Conversion: Moderate
RESTAURANT
$2,910,000
Change: +27% · Conversion: Difficult
RETAIL STORES
$1,920,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$1.93M
Range $1.73M – $2.12M · ±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
$81 / 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
$37,852
Tax year 2023
Assessed value
$1,180,315
Assessed 2023
Previous assessed
$1,180,315
+0.0% YoY
Effective rate
3.21%
On assessed value
Assessed land
$236,870
Assessed improvement
$943,445
Land market value
$592,176
Improvement market value
$2,358,612
Total market value
$2,950,788
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2014
Construction
STEEL FRAME
Heating
SPACE
Cooling
NONE
Stories
1
Total area
23,901 SF
Lot
6.49 ac (282,704 SF)
Zoning code
C
APN
B05-017
UPID
US22-3477805
Jurisdiction
PIERCE
Zoning & alternative use
C · Blackshear, GA
Zoning C · permitted uses
C · Blackshear, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Blackshear. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$2.3M
COMMERCIAL (GENERAL)
Est. value
$3.0M
RESTAURANT
Est. value
$2.9M
RETAIL STORES
Est. value
$1.9M
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
RESTAURANT
RETAIL STORES
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
2014
Construction
STEEL FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Lot
6.49 ac
Current owner
From public records · entity-resolved
Jmac Holdings INC
Entity
Free & Clear · 8 yrs held
Mailing address
304 WARE ST, BLACKSHEAR, GA 31516-1414
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2017
—
Jmac Holdings INC
William S Wall
Warranty Deed
—
Jun 15, 2016
—
Jmac Holdings INC
—
Deed
related
$10,000,000 · Primesouth Bank
Apr 26, 2013
$575,000
Jmac Holdings INC
Stephen M Waters
Warranty Deed
$10,000,000 · Primesouth Bank
Mar 11, 2010
—
Georgia Department Of Transportatio
J Milton Waters
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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