Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4020 Gtwy Blvd Grovetown, GA 30813-3099
    Back to Search
    Property profile & analytics

    4020 Gtwy Blvd, Grovetown, GA 30813-3099

    View on Map
    • Turn key restaurants
    • 4,392 SF
    • 1.00 lot acres
    Off-Market
    Property ID
    US22-2013860
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Culver's / Restaurant

    Property Details for 4020 Gtwy Blvd

    Year built
    2016
    Lot size
    1.00 lot acres
    Property type
    Turn key restaurants
    APN
    068 1052
    APU
    681052

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 9, 2016 — Tabor Corp — Trustees Deed · related $3M · Wells Fargo Bk
    May 6, 2016 $875,000 Tabor Corp Ramp G Partners LLC Grant Deed $788k · Mpr Consultants INC
    Oct 21, 2008 — Ramp G Partners LLC Owner Name Unavailable Grant Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Grovetown
    County
    Columbia
    State
    Georgia
    Longitude
    -82.1966
    Latitude
    33.4796
    CBSA code
    12260
    CBSA name
    AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $16,135
    $320,340
    $325,788
    $646,128
    -
    $800,849
    $814,469
    $1,615,318

    Comparable in this City

    • Value Estimation by Request
      3,009 SF

      9592 Bentley Dr

      RESTAURANT
      9592 Bentley Dr, Grovetown, GA 30813-0279
      View Details
    • Value Estimation by Request
      3,348 SF

      4030 Gtwy Blvd

      RESTAURANT
      4030 Gtwy Blvd, Grovetown, GA 30813-3099
      View Details
    • Value Estimation
      $2,315,000
      2,345 SF

      4040 Gtwy Blvd

      RESTAURANT
      4040 Gtwy Blvd, Grovetown, GA 30813-3099
      View Details
    • Value Estimation by Request
      3,443 SF

      5123 Wrightsboro Rd

      RESTAURANT
      5123 Wrightsboro Rd, Grovetown, GA 30813-2803
      View Details
    • Value Estimation by Request
      4,795 SF

      4015 Gtwy Blvd

      RESTAURANT
      4015 Gtwy Blvd, Grovetown, GA 30813-3195
      View Details
    • Value Estimation
      $1,315,000
      2,235 SF

      935 Husk Box Way

      RESTAURANT
      935 Husk Box Way, Grovetown, GA 30813-3384
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      High-Traffic Commercial Space for Sale

      1,192 sq ft commercial space suitable for retail/office/restaurant.
      5310 Wrightsboro Rd, Grovetown, GA 30813
      View Details
    • $349,900
      1,192 SF

      Grovetown Commercial Space For Sale

      1,192 sq ft commercial space with high visibility.
      5310 Wrightsboro Rd, Grovetown, GA 30813
      View Details
    • Contact for pricing
      1,192 SF

      High-Traffic Commercial Space For Sale

      1,192 sq ft commercial space in high-traffic Grovetown location.
      5310 Wrightsboro Rd, Grovetown, GA 30813
      View Details
    • Contact for pricing

      Retail Development Building

      Flexible retail building suited for a range of service and neighborhood-oriented concepts.
      501 Oxbow Dr, Grovetown, GA 30813
      View Details
    • Contact for pricing

      Retail Strip Center With Mixed Tenants

      Multi-unit retail strip center with ample parking and diverse existing tenants.
      5106 Wrightsboro Rd, Grovetown, GA 30813
      View Details
    • Contact for pricing
      1,419 SF

      Versatile Commercial Property For Sale

      General commercial property with high visibility and accessibility.
      587 E Robinson Ave, Grovetown, GA 30813
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Drive-Through Retail/Restaurant Opportunity

      A drive-thru suited for QSR, nail salon, or standalone urgent care with strong regional traffic exposure.
      5221 Wrightsboro Rd, Grovetown, GA 30813
      View Details
    • Contact for pricing

      Retail Strip Center in Grovetown

      Retail strip center with high visibility in Grovetown, Georgia.
      5106 Wrightsboro Rd, Grovetown, GA 30813
      View Details
    • Contact for pricing
      1,000 SF

      Retail Space Near Residential Development

      Retail space suitable for various businesses near residential area.
      501 Oxbow Dr, Grovetown, GA 30813
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space Near Interstate 20

      Retail space adjacent to established businesses, near Interstate 20.
      417 Lewiston Rd, Grovetown, GA 30813
      View Details
    • Contact for pricing
      16,000 SF

      Retail Space on Wrightsboro Road

      16,000 SF retail space with loading dock available for rent.
      5107 Wrightsboro Rd, Grovetown, GA 30813
      View Details
    • Contact for pricing
      1,360 SF

      Retail Space in Kroger Center

      Retail space available within a Kroger Marketplace shopping center.
      5156 Blue Grass Trl, Grovetown, GA 30813
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4020 Gtwy Blvd
    Grovetown, GA 30813-3099
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4020 Gtwy Blvd, Grovetown, GA, 30813
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!