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Property profile & analytics
OFF-MARKET
Estimated value
$825,000
Commercial real estate
4151 Gray Hwy Gray, GA 31032-6101
Entity Owned
3-yr Hold
Free & Clear
Property ID
US22-1404861
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2007
Construction
STEEL FRAME
Total area
18,800 SF
Lot
2.05 ac (89,298 SF)
Zoning code
2
APN
J44 00 130
UPID
US22-1404861
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
-
Gray-8-Skate Family Entertainment Center Arcade & Gaming Center (Bike/Boat/Book/etc) Store
-
HappiMess- Ultimate Paint Splatter, Rage Room & Axe Throwing Experience! Family Recreation Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$800k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$825k
Owner & transaction history
Shiver Properties LLC · 3 yrs held
Shiver Properties LLC
since 2023
Last sale
$800,000
7 recorded transactions
Zoning & alternative use
2 · Gray, 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 Gray submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gray 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
$895,000
ML approach
$800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$825k
Range $743k – $908k · ±10% · vs last sale $800k (May 19 2023)
Last sale anchor
$800k
May 19 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
$44 / 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
$17,705
Tax year 2023
Assessed value
$377,727
Assessed 2023
Previous assessed
$357,227
+5.7% YoY
Effective rate
4.69%
On assessed value
Assessed land
$123,000
Assessed improvement
$254,727
Land market value
$307,500
Improvement market value
$636,817
Total market value
$944,317
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
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 real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2007
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Total area
18,800 SF
Lot
2.05 ac (89,298 SF)
Zoning code
2
APN
J44 00 130
UPID
US22-1404861
Jurisdiction
JONES
Zoning & alternative use
2 · Gray, GA
Zoning 2 · permitted uses
2 · Gray, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gray. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Lot
2.05 ac
Current owner
From public records · entity-resolved
Shiver Properties LLC
Entity
Free & Clear · 3 yrs held
Mailing address
4151 GRAY HWY, GRAY, GA 31032-6101
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2023
$800,000
Shiver Properties LLC
Wells Properties Of Middle Georgia
Warranty Deed
—
Feb 9, 2023
—
Wells Properties Of Middle Georgia
Gray 8 Skate LLC
Warranty Deed
$208,040 · Exchange Bank
Oct 13, 2021
$675,000
F&a Of Gray LLC
West Clinton Properties LLC
Limited Warranty Deed
—
Feb 16, 2018
—
Palms Car Wash LLC
Morris Bk
Quit Claim Deed
related
—
Mar 15, 2012
—
Cbna-ga II LLC
Certusbank NA
Quit Claim Deed
related
—
Jan 26, 2012
$477,750
Certusbank NA
Liberty Land Ventures INC
Trustees Deed
—
Dec 7, 2010
—
Palms Car Wash LLC
Liberty Land Ventures INC
Quit Claim Deed
related
—
Aug 25, 2004
—
Macpro LLC
Liberty Lan Ventures INC
Grant Deed
related
—
—
—
Palms Car Wash LLC
—
Loan Modification
related
$543,732 · Certusbank NA
—
—
Palms Car Wash LLC
—
Loan Modification
related
$515,201 · Apex 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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