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Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Auto shops
340 Old Oxford Rd Covington, GA 30014-0896
Individually Owned
2-yr Hold
Free & Clear
Property ID
US22-1753047
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1995
Construction
STEEL & CONCRETE
Total area
10,000 SF
Lot
3.98 ac (173,369 SF)
Zoning code
I1
APN
00420-00000-170-000
UPID
US22-1753047
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
$790k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$750k
Owner & transaction history
Veronica Tinoco Cruz · 2 yrs held
Veronica Tinoco Cruz
since 2023
Last sale
$750,000
6 recorded transactions
Zoning & alternative use
I1 · Covington, 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 Covington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Covington 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
$705,000
ML approach
$790,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,250,000
Current use
RETAIL STORES
$1,110,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$750k
Range $675k – $825k · ±10% · vs last sale $750k (Nov 29 2023)
Last sale anchor
$750k
Nov 29 2023
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
$75 / 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
$12,952
Tax year 2023
Assessed value
$477,320
Assessed 2023
Previous assessed
$477,320
+0.0% YoY
Effective rate
2.71%
On assessed value
Assessed land
$179,080
Assessed improvement
$298,240
Land market value
$447,700
Improvement market value
$745,600
Total market value
$1,193,300
Applied tax rate
1.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1995
Construction
STEEL & CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
7
Total area
10,000 SF
Lot
3.98 ac (173,369 SF)
Zoning code
I1
APN
00420-00000-170-000
UPID
US22-1753047
Jurisdiction
NEWTON
Zoning & alternative use
I1 · Covington, GA
Zoning I1 · permitted uses
I1 · Covington, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Covington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$1.3M
RETAIL STORES
Est. value
$1.1M
AUTO REPAIR, GARAGE Current
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
1995
Construction
STEEL & CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
7
Lot
3.98 ac
Current owner
From public records · entity-resolved
Veronica Tinoco Cruz
Individual
Free & Clear · 2 yrs held
Mailing address
340 OLD OXFORD RD, COVINGTON, GA 30014-0896
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 29, 2023
$750,000
Veronica Tinoco Cruz
Johnny B Blackshear
Warranty Deed
—
Dec 4, 2018
—
Agree Storese LLC
Sundial Properties LLC
Quit Claim Deed
related
—
Dec 4, 2018
$2,260,000
Agree Stores LLC
Sundial Properties LLC
Grant Deed
—
Nov 14, 2011
—
Sundial Properties LLC
Early,jubal A & Katherine C
Quit Claim Deed
related
—
Nov 14, 2011
$1,285,000
Sundial Properties LLC
Early,jubal A & Katherine C
Warranty Deed
—
Nov 10, 2011
$1,285,000
Sundial Properties LLC
Early,jubal A
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.
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