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Property profile & analytics
OFF-MARKET
Estimated value
$1,555,000
Turn key restaurants
405 Sigman NW Rd Conyers, GA 30012-3625
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US22-3992467
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1984
Total area
3,000 SF
Lot
0.77 ac (33,541 SF)
Zoning code
BN
APN
057-0-03-0099
UPID
US22-3992467
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
-
I Love Wings Conyers Restaurant
-
Keyur Patel Pharmacy
-
Rockdale Minimart Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.63M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.12M
Blend (final)
Blend
$1.56M
Owner & transaction history
Ya 405 Sigman Road LLC · 4 yrs held
Ya 405 Sigman Road LLC
since 2022
Last sale
$1.5M
3 recorded transactions
Zoning & alternative use
BN · Conyers, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The BN District is composed primarily of low-intensity retail and commercial services generally designed to satisfy the common and frequent needs of the residents of nearby neighborhoods, It is the intent of this district to encourage such uses to be of a residential scale and character that is compatible with adjacent neighborhoods
Zone name
Neighborhood Business
General category
COMMERCIAL
Zone area
84.77 ac
Source
Realmo
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 Conyers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conyers 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
$1,555,000
ML approach
$1,630,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.56M
Range $1.40M – $1.71M · ±10% · vs last sale $1.52M (Feb 3 2022)
Last sale anchor
$1.52M
Feb 3 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
$518 / 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
$35,376
Tax year 2023
Assessed value
$616,080
Assessed 2023
Previous assessed
$616,080
+0.0% YoY
Effective rate
5.74%
On assessed value
Assessed land
$144,880
Assessed improvement
$471,200
Land market value
$362,200
Improvement market value
$1,178,000
Total market value
$1,540,200
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1984
Heating
YES
Cooling
YES
Total area
3,000 SF
Lot
0.77 ac (33,541 SF)
Zoning code
BN
APN
057-0-03-0099
UPID
US22-3992467
Jurisdiction
ROCKDALE
Zoning & alternative use
BN · Conyers, GAZoning BN · permitted uses
BN · Conyers, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The BN District is composed primarily of low-intensity retail and commercial services generally designed to satisfy the common and frequent needs of the residents of nearby neighborhoods, It is the intent of this district to encourage such uses to be of a residential scale and character that is compatible with adjacent neighborhoods
Zone name
Neighborhood Business
General category
COMMERCIAL
Zone area
84.77 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1984
Heating
YES
Cooling
Yes
Lot
0.77 ac
Current owner
From public records · entity-resolved
Ya 405 Sigman Road LLC
Entity
Mailing address
3723 COVINGTON HWY, DECATUR, GA 30032-2547
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2022
$1,515,000
Ya 405 Sigman Road LLC
Nams Partners LLC
Warranty Deed
$1,200,000 · Heritage Southeast Bank
Jan 28, 2019
$1,085,000
Nams Partners LLC
405 Sigman Road Nw LLC
Grant Deed
$770,000 · Renasant Bk
Jan 23, 2018
—
405 Sigman Road Nw LLC
—
Deed
related
$1,300,000 · Citizens Bank
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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