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Property profile & analytics
OFF-MARKET
Estimated value
$3,330,000
Hotels
357 Main St Garden City, GA 31408-2208
Entity Owned
~
Est. High Equity
Property ID
US22-1099889
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2003
Total area
32,570 SF
Lot
2.1 ac (91,520 SF)
Zoning code
C2A
APN
6-0011 -03-001
UPID
US22-1099889
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
$4.48M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.33M
Owner & transaction history
Alare Hotels INC
Alare Hotels INC
since 2025
3 recorded transactions
Zoning & alternative use
C2A · Garden City, 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 Garden City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Garden City 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%
$4,845,000
6.5%
$4,475,000
7%
$4,155,000
Blend value · Realmo final
$3.33M
Range $3.00M – $3.66M · ±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
$102 / 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
Property tax & assessments
Assessed value
$1,320,600
Assessed 2024
Previous assessed
$757,503
+74.3% YoY
Assessed land
$201,280
Assessed improvement
$1,119,320
Land market value
$503,200
Improvement market value
$2,798,300
Total market value
$3,301,500
Applied tax rate
6.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2003
Heating
HEAT PUMP
Buildings
2
Stories
2
Total area
32,570 SF
Lot
2.1 ac (91,520 SF)
Zoning code
C2A
APN
6-0011 -03-001
UPID
US22-1099889
Jurisdiction
CHATHAM
Zoning & alternative use
C2A · Garden City, GA
Zoning C2A · permitted uses
C2A · Garden City, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Garden City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2003
Heating
HEAT PUMP
Stories
2
Buildings
2
Lot
2.1 ac
Current owner
From public records · entity-resolved
Alare Hotels INC
Entity
Mailing address
357 MAIN ST, GARDEN CITY, GA 31408-2208
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
Sep 11, 2025
—
Alare Hotels INC
—
Deed
related
$401,350 · Fnb South
Dec 4, 2017
—
Alare Hotels INC
—
Deed
related
$965,000 · Charterbank
Feb 6, 2017
—
Alare Hotels INC
—
Deed
related
$154,000 · Charterbank
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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