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Property profile & analytics
OFF-MARKET
Estimated value
$1,255,000
Drug stores
3796 Hwy 42nd S Locust Grove, GA 30248-3632
Entity Owned
2-yr Hold
Free & Clear
Property ID
US22-0442285
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
1999
Construction
WOOD
Total area
3,645 SF
Lot
0.76 ac (33,193 SF)
Zoning code
C2
APN
L01-02004000
UPID
US22-0442285
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
$1.26M
CAP Approach
CAP
$790k
Comparable Approach
Comparable
$1.13M
Blend (final)
Blend
$1.26M
Owner & transaction history
Locust Grove City · 2 yrs held
Locust Grove City
since 2024
Last sale
$1.3M
4 recorded transactions
Zoning & alternative use
C2 · Locust Grove, 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 Locust Grove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Locust Grove 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
$1,255,000
ML approach
$1,255,000
CAP Approach
CAP Return
Estimation
6%
$855,000
6.5%
$790,000
7%
$730,000
Blend value · Realmo final
$1.26M
Range $1.13M – $1.38M · ±10% · vs last sale $1.26M (Jun 5 2024)
Last sale anchor
$1.26M
Jun 5 2024
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
$344 / 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
$9,602
Tax year 2024
Assessed value
$265,000
Assessed 2024
Previous assessed
$265,000
+0.0% YoY
Effective rate
3.62%
On assessed value
Assessed land
$79,680
Assessed improvement
$185,320
Land market value
$199,200
Improvement market value
$463,300
Total market value
$662,500
Applied tax rate
5.0000
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
1999
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
1
Rooms
10
Bathrooms
2
Total area
3,645 SF
Lot
0.76 ac (33,193 SF)
Zoning code
C2
APN
L01-02004000
UPID
US22-0442285
Jurisdiction
HENRY
Zoning & alternative use
C2 · Locust Grove, GAZoning C2 · permitted uses
C2 · Locust Grove, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1999
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
1
Rooms
10
Bathrooms
2
Lot
0.76 ac
Current owner
From public records · entity-resolved
Locust Grove City
Entity
Free & Clear · 2 yrs held
Mailing address
3796 HWY 42ND PKWY S, LOCUST GROVE, GA 30248-3632
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 5, 2024
$1,257,000
Locust Grove City
Pdr Properties LLC
Warranty Deed
—
Aug 14, 2017
$525,000
Pdr Properties LLC
Hamilton St Bk
Grant Deed
$446,250 · First Nat'l Bk/griffin
Oct 3, 2012
—
Hamilton St. Bk
Mcintosh St Bk
Grant Deed
related
—
May 5, 2008
—
Henry County
Mcintosh State Bank
Grant Deed
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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