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Property profile & analytics
OFF-MARKET
Estimated value
$5,005,000
Strip malls
400 Clayton St Athens, GA 30601-2757
Entity Owned
4-yr Hold
Property ID
US22-4580062
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1910
Total area
17,985 SF
Lot
0.14 ac (6,098 SF)
Zoning code
C-D
APN
17-1-B6 D-004
UPID
US22-4580062
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
-
1-800 Office Solutions Computer & Electronic Repair
-
9d's Bar Plus Bar & Pub
-
Centro Athens Bar & Pub
-
Vape Daddy - Centro (Bike/Boat/Book/etc) Store
-
Uptown Bar Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.03M
CAP Approach
CAP
$4.13M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.01M
Owner & transaction history
Lotusmoonlight 4 LLC · 4 yrs held
Lotusmoonlight 4 LLC
since 2022
Last sale
$5.1M
4 recorded transactions
Zoning & alternative use
C-D · Athens, 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 Athens submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Athens 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
$4,795,000
ML approach
$5,030,000
CAP Approach
CAP Return
Estimation
6%
$4,465,000
6.5%
$4,125,000
7%
$3,830,000
Blend value · Realmo final
$5.01M
Range $4.50M – $5.51M · ±10% · vs last sale $5.10M (May 13 2022)
Last sale anchor
$5.10M
May 13 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
$278 / 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
$61,725
Tax year 2023
Assessed value
$1,913,942
Assessed 2023
Previous assessed
$1,913,942
+0.0% YoY
Effective rate
3.23%
On assessed value
Assessed land
$312,984
Assessed improvement
$1,600,958
Land market value
$782,460
Improvement market value
$4,002,395
Total market value
$4,784,855
Applied tax rate
3.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1910
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
17,985 SF
Lot
0.14 ac (6,098 SF)
Zoning code
C-D
APN
17-1-B6 D-004
UPID
US22-4580062
Jurisdiction
CLARKE
Zoning & alternative use
C-D · Athens, GA
Zoning C-D · permitted uses
C-D · Athens, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Athens. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1910
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
0.14 ac
Current owner
From public records · entity-resolved
Lotusmoonlight 4 LLC
Entity
Mailing address
11593 CEDAR PASS, MINNETONKA, MN 55305-2972
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 13, 2022
$5,100,000
Lotusmoonlight 4 LLC
Plus Plus Capital 400 LLC
Warranty Deed
$4,080,000 · Classic City Bank
May 13, 2022
—
Lotusmoonlight 4 LLC
Plus Plus Capital 400 LLC
Warranty Deed
—
Aug 20, 2018
—
Plus Plus Capital 400 LLC
400 Clayton St LLC
Quit Claim Deed
related
—
Aug 20, 2018
$3,700,000
Plus Plus Capital 400 LLC
400 Clayton St LLC
Grant Deed
$11,300,000 · Bank Of America
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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