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Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Grocery and convenience stores
400 Carlton Rd Palmetto, GA 30268-8101
Entity Owned
1-yr Hold
Free & Clear
Property ID
US22-0025673
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2003
Construction
WOOD
Total area
6,532 SF
Lot
2 ac (87,120 SF)
Zoning code
C3
APN
07 310000691343
UPID
US22-0025673
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
-
The Smoking Chic Cafe Restaurant
-
Homestyle Kitchen & BBQ Restaurant
-
ATM Atm
-
Texaco-Ramah Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$920k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$591k
Blend (final)
Blend
$920k
Owner & transaction history
Msms Investment Co LLC · 1 yrs held
Msms Investment Co LLC
since 2024
Last sale
$922,000
7 recorded transactions
Zoning & alternative use
C3 · Palmetto, 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 Palmetto submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palmetto 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
$920,000
ML approach
$920,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±10% · vs last sale $922k (Aug 15 2024)
Last sale anchor
$922k
Aug 15 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
$141 / 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
$12,859
Tax year 2023
Assessed value
$455,560
Assessed 2023
Previous assessed
$455,560
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$59,400
Assessed improvement
$396,160
Land market value
$148,500
Improvement market value
$990,400
Total market value
$1,138,900
Applied tax rate
40.0000
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
2003
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
6,532 SF
Lot
2 ac (87,120 SF)
Zoning code
C3
APN
07 310000691343
UPID
US22-0025673
Jurisdiction
FULTON
Zoning & alternative use
C3 · Palmetto, GA
Zoning C3 · permitted uses
C3 · Palmetto, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palmetto. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2003
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
2 ac
Current owner
From public records · entity-resolved
Msms Investment Co LLC
Entity
Free & Clear · 1 yrs held
Mailing address
2021 PAPER BIRCH CV, GRAYSON, GA 30017-1739
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 15, 2024
$700,000
Msms Investment Co LLC
Lucksim Investor LLC
Quit Claim Deed
related
—
Oct 2, 2019
$922,000
Lucksim Investor LLC
Amritlal A Patel
Grant Deed
$100,000 · Ajit Patel
Oct 19, 2015
$1,000,000
Amritlal A Patel
Drgn Properties LLC
Grant Deed
$250,000 · Metro Cty Bk
Oct 19, 2015
—
Lithonia Gas Food & Liquor LLC
United Coml Bk
Quit Claim Deed
related
—
Aug 31, 2009
$995,000
Drgn Properties LLC
Lithonia Gas Food & Liquor
Grant Deed
—
Jul 21, 2006
$1,950,000
Lithonia Gas Food & Liquor LLC
Palmetto Center INC
Grant Deed
—
Jul 21, 2006
—
Lithonia Gas Food & Liquor LLC
Palmetto Center INC
Deed
$987,500 · Summit Nat'l Bk
Jul 17, 2006
$1,950,000
Lithonia Gas Food Liquor LLC
Palmetto Center INC
Grant Deed
—
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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