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Property profile & analytics
OFF-MARKET
Estimated value
$2,500,000
Grocery and convenience stores
3550 Bogan Rd Buford, GA 30519-4540
Entity Owned
19-yr Hold
Free & Clear
Property ID
US22-1672156
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2007
Total area
13,386 SF
Lot
2.41 ac (104,980 SF)
Zoning code
C2-GENERAL BUSINESS
APN
7-186 -157
UPID
US22-1672156
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
-
Shell Gas Station
-
Curious Pets and Curiosities, Inc (Bike/Boat/Book/etc) Store Pet Store
-
Enterprise Rent-A-Car Car Rental Facility
-
ATM (Shell Food Mart) Atm
-
Shell Food Mart Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.31M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.50M
Owner & transaction history
Ptarmigan LLC · 19 yrs held
Ptarmigan LLC
since 2007
7 recorded transactions
Zoning & alternative use
C2-GENERAL BUSINESS · Buford, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
ARTICLE VI
Top alternative use upside
Retail stores
$3.6M
+2.5%
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 Buford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Buford 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%
$3,585,000
6.5%
$3,310,000
7%
$3,075,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$3,525,000
Current use
RETAIL STORES
$3,615,000
Change: +3% · Conversion: Easy
OFFICE BUILDING
$3,265,000
Change: -7% · Conversion: Moderate
Blend value · Realmo final
$2.50M
Range $2.25M – $2.75M · ±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
$187 / 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
$18,406
Tax year 2023
Assessed value
$1,282,680
Assessed 2023
Previous assessed
$1,282,680
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$433,040
Assessed improvement
$849,640
Land market value
$1,082,600
Improvement market value
$2,124,100
Total market value
$3,206,700
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2007
Heating
NONE
Cooling
NONE
Stories
1
Total area
13,386 SF
Lot
2.41 ac (104,980 SF)
Zoning code
C2-GENERAL BUSINESS
APN
7-186 -157
UPID
US22-1672156
Jurisdiction
GWINNETT
Zoning & alternative use
C2-GENERAL BUSINESS · Buford, GAZoning C2-GENERAL BUSINESS · permitted uses
C2-GENERAL BUSINESS · Buford, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
ARTICLE VI
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$3.5M
RETAIL STORES
Est. value
$3.6M
OFFICE BUILDING
Est. value
$3.3M
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
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
2007
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.41 ac
Current owner
From public records · entity-resolved
Ptarmigan LLC
Entity
Free & Clear · 19 yrs held
Mailing address
PO BOX 1565, LAWRENCEVILLE, GA 30046-1565
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 18, 2007
—
Ptarmigan LLC
Wachovia Bank NA
Quit Claim Deed
related
—
Mar 5, 2007
$825,000
South Bogan Center LLC
Ptarmigan LLC
Grant Deed
$660,000 · Bank Of North Georgia
Feb 28, 2007
$825,000
South Bogan Center LLC
Ptarmigan LLC
Grant Deed
$660,000 · Bank Of North Georgia
Nov 8, 2005
—
Lanier Land LLC
Ptarmigan LLC
Quit Claim Deed
related
—
Sep 15, 2005
—
City Of Buford
Ptarmigan LLC
Quit Claim Deed
related
—
—
—
South Bogan Center LLC
—
Deed Of Trust
related
$3,500,000 · Bank Of North Georgia
—
—
South Bogan Center LLC
—
Loan Modification
related
$3,500,000 · Synovus Bk
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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