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Property profile & analytics
OFF-MARKET
Estimated value
$735,000
Auto shops
3987 Moreland Ave Conley, GA 30288-2131
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-2246348
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1985
Total area
13,500 SF
Lot
11.27 ac (490,921 SF)
Zoning code
HI
APN
12-243C- A-003
UPID
US22-2246348
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
-
Trailco of Georgia, Inc. Auto Repair Shop
-
Griner Tutors Tutoring Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$735k
Owner & transaction history
Iov 3987 Moreland LLC · 6 yrs held
Iov 3987 Moreland LLC
since 2019
6 recorded transactions
Zoning & alternative use
HI · Conley, 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 Conley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conley 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$54 / 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
$21,844
Tax year 2024
Assessed value
$559,920
Assessed 2024
Previous assessed
$563,800
-0.7% YoY
Effective rate
3.90%
On assessed value
Assessed land
$293,040
Assessed improvement
$266,880
Land market value
$732,600
Improvement market value
$667,200
Total market value
$1,399,800
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
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1985
Heating
NONE
Total area
13,500 SF
Lot
11.27 ac (490,921 SF)
Zoning code
HI
APN
12-243C- A-003
UPID
US22-2246348
Jurisdiction
CLAYTON
Zoning & alternative use
HI · Conley, GA
Zoning HI · permitted uses
HI · Conley, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Conley. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Heating
NONE
Lot
11.27 ac
Current owner
From public records · entity-resolved
Iov 3987 Moreland LLC
Entity
Free & Clear · 6 yrs held
Mailing address
560 MARTINGALE RD STE #560, SCHAUMBURG, IL 60173
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 8, 2022
—
Iov 3987 Moreland LLC
—
Deed
related
$70,325,000 · Hartford Fire Insurance
Sep 26, 2019
—
Iov 3987 Moreland LLC
3987 Moreland Ave Assocs LLC
Quit Claim Deed
related
—
Sep 26, 2019
$2,950,000
Iov 3987 Moreland LLC
3987 Moreland Ave Assocs LLC
Grant Deed
related
—
Jul 5, 2018
$2,000,000
3987 Moreland Ave Assocs LLC
Hatcher,joe E
Grant Deed
—
Jun 28, 2017
—
Joe E Hatcher
Hatcher & Hatcher INC
Quit Claim Deed
related
—
Jun 24, 2016
—
Hatcher & Hatcher INC
Hatcher Family Investments LP
Quit Claim 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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