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Property profile & analytics
OFF-MARKET
Estimated value
$7,225,000
Grocery and convenience stores
3819 Jonesboro SE Rd Atlanta, GA 30354-3532
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-1505082
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1997
Construction
WOOD
Total area
9,811 SF
Lot
1.17 ac (50,965 SF)
Zoning code
I1
APN
14 0032 LL0640
UPID
US22-1505082
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
-
Chicken n Go Restaurant
-
Naga's Fried Chicken and Fish Restaurant Take-out & Catering
-
Free Smoke Vape and Smoke Shop (Bike/Boat/Book/etc) Store
-
Chevron Gas Station
-
TitleBucks Title Loans Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.60M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.23M
Owner & transaction history
United Investment Group 2023 LLC · 3 yrs held
United Investment Group 2023 LLC
since 2023
Last sale
$7.9M
7 recorded transactions
Zoning & alternative use
I1 · Atlanta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$7.8M
+192.0%
Restaurant
$5.3M
+99.8%
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 Atlanta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Atlanta 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
$6,605,000
ML approach
$6,595,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$7,795,000
Change: +192% · Conversion: Difficult
RESTAURANT
$5,335,000
Change: +100% · Conversion: Difficult
Blend value · Realmo final
$7.23M
Range $6.50M – $7.95M · ±10% · vs last sale $7.85M (May 5 2023)
Last sale anchor
$7.85M
May 5 2023
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
$736 / 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
$25,045
Tax year 2023
Assessed value
$604,960
Assessed 2023
Previous assessed
$604,960
+0.0% YoY
Effective rate
4.14%
On assessed value
Assessed land
$280,720
Assessed improvement
$324,240
Land market value
$701,800
Improvement market value
$810,600
Total market value
$1,512,400
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1997
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
9,811 SF
Lot
1.17 ac (50,965 SF)
Zoning code
I1
APN
14 0032 LL0640
UPID
US22-1505082
Jurisdiction
FULTON
Zoning & alternative use
I1 · Atlanta, GA
Zoning I1 · permitted uses
I1 · Atlanta, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Atlanta. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.8M
RESTAURANT
Est. value
$5.3M
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
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
1997
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
1.17 ac
Current owner
From public records · entity-resolved
United Investment Group 2023 LLC
Entity
Mailing address
10720 ROGERS CIR, JOHNS CREEK, GA 30097-2591
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 5, 2023
$7,851,000
United Investment Group 2023 LLC
Gj 50 Oil LLC
Warranty Deed
$6,280,000 · Bmo Harris Bank
Jan 30, 2017
—
Gj 50 Oil LLC
—
Deed
related
$700,000 · State Bk/new Prague
Jan 10, 2008
—
Mrg INC
Griffin,marvin R
Quit Claim Deed
related
—
Nov 27, 2007
—
Griffin,marvin R
—
Trustees Deed
related
$2,295,000 · Branch Bk&tr
—
—
Griffin,marvin R
—
Deed Of Trust
related
$683,400 · Branch Bk&tr
—
—
Griffin,marvin R
—
Deed Of Trust
related
$10,000 · Branch Bk&tr
—
—
Gj 50 Oil LLC
—
Deed Of Trust
related
$700,000 · State Bk/new Prague
—
—
Mrg,inc
—
Deed Of Trust
related
$3,150,000 · Branch Banking & Trust Co
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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