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Property profile & analytics
OFF-MARKET
Estimated value
$7,805,000
Commercial land
400 Russell Pkwy Forsyth, GA 31029-8910
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-2602384
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
2016
Total area
40,452 SF
Lot
2 ac (87,120 SF)
APN
F25-014A
UPID
US22-2602384
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
-
La Quinta Inn & Suites by Wyndham Forsyth Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.87M
CAP Approach
CAP
$5.88M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.81M
Owner & transaction history
Ramdev Hospitality LLC · 2 yrs held
Ramdev Hospitality LLC
since 2023
Last sale
$8.0M
5 recorded transactions
Zoning & alternative use
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 Forsyth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Forsyth 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
$7,350,000
ML approach
$7,870,000
CAP Approach
CAP Return
Estimation
6%
$6,370,000
6.5%
$5,880,000
7%
$5,460,000
Blend value · Realmo final
$7.81M
Range $7.02M – $8.59M · ±10% · vs last sale $8.00M (Sep 1 2023)
Last sale anchor
$8.00M
Sep 1 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
$193 / 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
$44,411
Tax year 2023
Assessed value
$1,457,730
Assessed 2023
Previous assessed
$1,457,730
+0.0% YoY
Effective rate
3.05%
On assessed value
Assessed land
$88,000
Assessed improvement
$1,369,730
Land market value
$220,000
Improvement market value
$3,424,325
Total market value
$3,644,325
Applied tax rate
2.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
2016
Heating
CENTRAL
Cooling
CENTRAL
Stories
4
Total area
40,452 SF
Lot
2 ac (87,120 SF)
APN
F25-014A
UPID
US22-2602384
Jurisdiction
MONROE
Zoning & alternative use
Zoning · permitted uses
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
2016
Heating
CENTRAL
Cooling
Yes
Stories
4
Lot
2 ac
Current owner
From public records · entity-resolved
Ramdev Hospitality LLC
Entity
Mailing address
400 RUSSELL PKWY, FORSYTH, GA 31029-8910
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 1, 2023
$8,000,000
Ramdev Hospitality LLC
Baron Hospitality LLC
Warranty Deed
$5,600,000 · Sunmark Community Bank
Mar 24, 2020
—
Baron Hospitality LLC
—
Deed
related
$5,000,000 · Century Bk
Feb 27, 2008
$425,000
Forsyth Hospitality INC
Davis Brothers INC
Deed
—
—
—
Forsyth Hospitality INC
—
Deed Of Trust
related
$3,680,000 · Century Bk
—
—
Baron Hospitality LLC
—
Loan Modification
related
$5,000,000 · Century Bk
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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