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Property profile & analytics
OFF-MARKET
Retail space
4200 Salem Rd, Covington, GA 30016-4533
Individually Owned
1-yr Hold
Free & Clear
Property ID
US22-1392235
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2011
Construction
CONCRETE
Total area
151,955 SF
Lot
26.19 ac (1,140,836 SF)
Zoning code
R1
APN
00140-00000-015-000
UPID
US22-1392235
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Alexis Cardona Marcial · 1 yrs held
Alexis Cardona Marcial
since 2024
Last sale
$291,000
6 recorded transactions
Zoning & alternative use
R1 · Covington, 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 Covington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Covington 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$132,676
Tax year 2023
Assessed value
$4,889,640
Assessed 2023
Previous assessed
$4,889,640
+0.0% YoY
Effective rate
2.71%
On assessed value
Assessed land
$1,309,480
Assessed improvement
$3,580,160
Land market value
$3,273,700
Improvement market value
$8,950,400
Total market value
$12,224,100
Applied tax rate
1.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2011
Construction
CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
54
Total area
151,955 SF
Lot
26.19 ac (1,140,836 SF)
Zoning code
R1
APN
00140-00000-015-000
UPID
US22-1392235
Jurisdiction
NEWTON
Zoning & alternative use
R1 · Covington, GA
Zoning R1 · permitted uses
R1 · Covington, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Covington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2011
Construction
CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
54
Lot
26.19 ac
Current owner
From public records · entity-resolved
Alexis Cardona Marcial
Individual
Free & Clear · 1 yrs held
Mailing address
PO BOX 8050, BENTONVILLE, AR 72712-8055
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2024
$291,000
Alexis Cardona Marcial
Opendoor Property Trust 1
Warranty Deed
—
Apr 28, 2021
$825,000
Pop Covington Cgp LLC
Wal Mart Stores East LP
Warranty Deed
—
Dec 17, 2014
$825,000
Murphy Oil USA INC
Wal-mart Stores East LP
Grant Deed
—
Dec 17, 2014
—
Murphy Oil USA INC
Wal-mart Stores East LP
Quit Claim Deed
related
—
Mar 5, 2014
$625,000
Wendys International LLC
Wal,mart Stores East LP
Grant Deed
—
Apr 30, 2007
$1,679,600
Mart Stores East LP Wal
Dimsdale,margaret M
Grant Deed
—
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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