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Property profile & analytics
OFF-MARKET
Estimated value
$1,485,000
Strip malls
3503 Hwy 411th N Chatsworth, GA 30705-6546
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1051493
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2005
Total area
15,000 SF
Lot
0.82 ac (35,719 SF)
Zoning code
ET
APN
0064A 017
UPID
US22-1051493
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
-
Mountain Spirits (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Carnideria Loa (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
PK Grill and Sugar Creek Bakery Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.57M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.49M
Owner & transaction history
Lakulish Realty LLC · 5 yrs held
Lakulish Realty LLC
since 2020
Last sale
$1.4M
3 recorded transactions
Zoning & alternative use
ET · Chatsworth, 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 Chatsworth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chatsworth 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
$1,580,000
ML approach
$1,570,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,695,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$1,340,000
Change: 0% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,225,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$995,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$1.49M
Range $1.34M – $1.63M · ±10% · vs last sale $1.40M (Aug 14 2020)
Last sale anchor
$1.40M
Aug 14 2020
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
$99 / 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
$5,516
Tax year 2024
Assessed value
$234,560
Assessed 2024
Previous assessed
$277,840
-15.6% YoY
Effective rate
2.35%
On assessed value
Assessed land
$43,200
Assessed improvement
$191,360
Land market value
$108,000
Improvement market value
$478,400
Total market value
$586,400
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2005
Heating
CENTRAL
Cooling
CENTRAL
Total area
15,000 SF
Lot
0.82 ac (35,719 SF)
Zoning code
ET
APN
0064A 017
UPID
US22-1051493
Jurisdiction
MURRAY
Zoning & alternative use
ET · Chatsworth, GA
Zoning ET · permitted uses
ET · Chatsworth, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chatsworth. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.2M
RETAIL STORES
Est. value
$995,000
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
2005
Heating
CENTRAL
Cooling
Yes
Lot
0.82 ac
Current owner
From public records · entity-resolved
Lakulish Realty LLC
Entity
Mailing address
117 W OLIVE ST, CHATSWORTH, GA 30705-2919
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2020
$1,400,000
Lakulish Realty LLC
Seven Seas Bottle Shop INC
Warranty Deed
$1,194,110 · First National Community Bank
Jul 1, 2008
$1,800,000
Seven Seas Battle Shop INC
Reserve Investments INC
Warranty Deed
—
—
—
Seven Seas Bottle Shop INC
—
Deed Of Trust
$1,387,500 · Rbc Bank (usa)
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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