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Property profile & analytics
OFF-MARKET
Estimated value
$1,425,000
Grocery and convenience stores
3402 Flt Shls Rd Decatur, GA 30034-6525
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US22-0041668
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2011
Total area
6,100 SF
Lot
2.52 ac (109,771 SF)
Zoning code
X
APN
15 105 02 007
UPID
US22-0041668
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
by Request
CAP Approach
CAP
$1.51M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.43M
Owner & transaction history
Sn Properties LLC · 12 yrs held
Sn Properties LLC
since 2013
7 recorded transactions
Zoning & alternative use
X · Decatur, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.6M
+131.6%
Office building
$1.5M
+122.3%
Retail stores
$1.4M
+104.4%
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 Decatur submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Decatur 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%
$1,635,000
6.5%
$1,510,000
7%
$1,400,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,610,000
Change: +132% · Conversion: Difficult
OFFICE BUILDING
$1,545,000
Change: +122% · Conversion: Moderate
RETAIL STORES
$1,420,000
Change: +104% · Conversion: Easy
MEDICAL BUILDING
$1,415,000
Change: +103% · Conversion: Difficult
Blend value · Realmo final
$1.43M
Range $1.28M – $1.57M · ±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
$234 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$50,597
Tax year 2024
Assessed value
$1,024,000
Assessed 2024
Previous assessed
$1,142,560
-10.4% YoY
Effective rate
4.94%
On assessed value
Assessed land
$235,520
Assessed improvement
$788,480
Land market value
$588,800
Improvement market value
$1,971,200
Total market value
$2,560,000
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
2011
Heating
NONE
Stories
1
Bathrooms
0
Total area
6,100 SF
Lot
2.52 ac (109,771 SF)
Zoning code
X
APN
15 105 02 007
UPID
US22-0041668
Jurisdiction
DE KALB
Zoning & alternative use
X · Decatur, GA
Zoning X · permitted uses
X · Decatur, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Decatur. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.5M
RETAIL STORES
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.4M
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
MEDICAL 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
2011
Heating
NONE
Stories
1
Bathrooms
0
Lot
2.52 ac
Current owner
From public records · entity-resolved
Sn Properties LLC
Entity
Mailing address
3402 FLT SHLS RD, DECATUR, GA 30034-6525
Mailing matches property
Yes
Owner-occupied
Yes
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2013
—
Sn Properties LLC
Shifa Property Investments LLC
Quit Claim Deed
related
$1,917,000 · Touchmark National Bank
Jul 26, 2013
$1,850,000
Sn Properties LLC
Shifa Property Investments LLC
Grant Deed
—
Sep 15, 2010
$215,000
Shifa Property Investments LLC
Park Avenue Bk
Grant Deed
—
Aug 4, 2009
—
The Park Avenue Bank
Murray,joseph D
Grant Deed
related
—
May 4, 2007
$280,300
Onyx Healthcare LLC
Heard,l Dean
Grant Deed
—
Jan 18, 2007
—
Joseph Murray
Murray,joseph
Quit Claim Deed
related
—
Aug 2, 2006
$129,900
Thomas Sexton
Murray,joseph D
Grant Deed
—
Mar 31, 2006
—
Joseph D Murray
Onyx Healthcare LLC
Warranty Deed
related
$244,000 · Park Avenue Bank Of Georgia
Mar 30, 2006
$300,000
Joseph D Murray
Onyx Heathcare LLC
Grant Deed
—
Feb 10, 2005
$157,000
Joseph D Murray
E/t Pension Fund LLC
Warranty Deed
$225,000 · Joseph D Murray
Mar 3, 2004
$75,000
Urban Suburban INC
Onyx Healthcare LLC
Warranty Deed
—
—
—
Joseph D Murray
—
Deed Of Trust
related
$270,000 · Park Avenue Bank
—
—
Shifa Property Investments LLC
—
Deed Of Trust
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.
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