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Property profile & analytics
OFF-MARKET
Estimated value
$1,265,000
Turn key restaurants
3603 Hwy 138th SE Stockbridge, GA 30281-7820
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1507527
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1993
Total area
2,578 SF
Lot
0.88 ac (38,333 SF)
Zoning code
GB
APN
12-073D- B-003
UPID
US22-1507527
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
$1.11M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.27M
Blend (final)
Blend
$1.27M
Owner & transaction history
Alterman Stockbridge II LLC · 3 yrs held
Alterman Stockbridge II LLC
since 2022
Last sale
$1.5M
5 recorded transactions
Zoning & alternative use
GB · Stockbridge, 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 Stockbridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stockbridge 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
$1,010,000
ML approach
$1,110,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.27M
Range $1.14M – $1.39M · ±10% · vs last sale $1.47M (Dec 1 2022)
Last sale anchor
$1.47M
Dec 1 2022
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
$491 / 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
$12,698
Tax year 2024
Assessed value
$325,480
Assessed 2024
Previous assessed
$308,320
+5.6% YoY
Effective rate
3.90%
On assessed value
Assessed land
$152,560
Assessed improvement
$172,920
Land market value
$381,400
Improvement market value
$432,300
Total market value
$813,700
Applied tax rate
8.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1993
Heating
NONE
Total area
2,578 SF
Lot
0.88 ac (38,333 SF)
Zoning code
GB
APN
12-073D- B-003
UPID
US22-1507527
Jurisdiction
CLAYTON
Zoning & alternative use
GB · Stockbridge, GA
Zoning GB · permitted uses
GB · Stockbridge, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stockbridge. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1993
Heating
NONE
Lot
0.88 ac
Current owner
From public records · entity-resolved
Alterman Stockbridge II LLC
Entity
Free & Clear · 3 yrs held
Mailing address
3715 NORTHSIDE PKWY NW BLDG #515, ATLANTA, GA 30327-2886
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2022
$1,466,667
Alterman Stockbridge II LLC
Southbound Hwy 138 LLC
Warranty Deed
—
Oct 8, 2021
$900,000
Southbound Hwy 138 LLC
Jmk Food Enterprise LLC
Warranty Deed
$675,000 · Servisfirst Bank
Apr 4, 2016
$700,000
Jmk Food Ent LLC
Lee & Ahn & Chun LLC
Grant Deed
$347,000 · Bbcn Bk
Apr 26, 2007
$900,000
Lee Ahn Chun LLC
Eagle West LLC
Grant Deed
—
—
—
Lee & Ahn & Chun 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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