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Property profile & analytics
OFF-MARKET
Estimated value
$4,655,000
Automotive properties
42 Lk Connie Rd Carrollton, GA 30116
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US22-1600460
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2021
Construction
STEEL FRAME
Total area
46,146 SF
Lot
5.74 ac (250,034 SF)
Zoning code
C
APN
130- -0019
UPID
US22-1600460
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.94M
Blend (final)
Blend
$4.66M
Owner & transaction history
Rjm Developers LLC · 7 yrs held
Rjm Developers LLC
since 2019
7 recorded transactions
Zoning & alternative use
C · Carrollton, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$7.5M
+4.0%
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 Carrollton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carrollton 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$7,180,000
Current use
COMMERCIAL (GENERAL)
$7,470,000
Change: +4% · Conversion: Moderate
Blend value · Realmo final
$4.66M
Range $4.19M – $5.12M · ±10%
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
$101 / 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
$42,209
Tax year 2023
Assessed value
$1,682,969
Assessed 2023
Previous assessed
$1,682,969
+0.0% YoY
Effective rate
2.51%
On assessed value
Assessed land
$171,192
Assessed improvement
$1,511,777
Land market value
$427,980
Improvement market value
$3,779,442
Total market value
$4,207,422
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2021
Construction
STEEL FRAME
Heating
STEAM
Cooling
CENTRAL
Buildings
4
Total area
46,146 SF
Lot
5.74 ac (250,034 SF)
Zoning code
C
APN
130- -0019
UPID
US22-1600460
Jurisdiction
CARROLL
Zoning & alternative use
C · Carrollton, GA
Zoning C · permitted uses
C · Carrollton, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Carrollton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$7.2M
COMMERCIAL (GENERAL)
Est. value
$7.5M
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2021
Construction
STEEL FRAME
Heating
STEAM
Cooling
Yes
Buildings
4
Lot
5.74 ac
Current owner
From public records · entity-resolved
Rjm Developers LLC
Entity
Mailing address
2877 CARROLLTON VILLA RICA HWY, CARROLLTON, GA 30116-5525
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2019
—
Rjm Developers LLC
—
Deed
related
$1,600,000 · Branch Bk&tr
Dec 3, 2019
—
Rjm Developers LLC
—
Deed
related
$1,091,044 · Branch Bk&tr
Aug 20, 2019
—
Rjm Developers LLC
—
Deed
related
$1,110,000 · Synovus Bk
Feb 25, 2019
—
Rjm Developers LLC
—
Deed
related
$1,110,000 · Synovus Bk
Jan 7, 2019
$790,900
Rjm Developers LLC
Sf Industries LLC
Grant Deed
—
Aug 24, 2004
$900,000
Sf Industries LLC
Branch Bkng & Trust Co
Grant Deed
$775,000 · Branch Banking & Trust Co
Jan 8, 2004
$1,000,000
Branch Banking Trust Co
Nolan,terry & Donna A
Trustees Deed
related
—
—
—
Rjm Developers LLC
—
Deed Of Trust
related
$1,110,000 · Synovus Bk
—
—
Rjm Developers LLC
—
Loan Modification
related
$1,110,000 · Synovus Bk
—
—
Rjm Developers LLC
—
Deed Of Trust
related
$1,091,044 · Branch Bk&tr
—
—
Rjm Developers LLC
—
Deed Of Trust
related
$1,600,000 · Branch Bk&tr
—
—
S F Industries LLC
—
Loan Modification
related
$775,000 · Branch Banking & Trust Co
—
—
S F Industries LLC
—
Loan Modification
related
$775,000 · Branch Banking & Trust Co
—
—
Sf Industries LLC
—
Loan Modification
related
$775,000 · Branch Bk&tr
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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