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    Property profile & analytics

    427 New Franklin Rd Lagrange, GA 30240-1931

    • Grocery and convenience stores
    • 16,568 SF
    • 2.96 lot acres
    OFF-MARKET
    Value Estimation
    $785,000
    Location Intelligence
    Property ID
    US22-1054447
    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.

    Current Use by Public Records

    • ALDI / Supermarket / Grocery Store
    • Electric Vehicle Charging Station / Electric Vehicle Charging Station

    Property Details for 427 New Franklin Rd

    Year built
    2013
    Lot size
    2.96 lot acres
    Property size
    16,568 SF
    Zone code
    16- CR-MX
    Property type
    Grocery and convenience stores
    APN
    0611D013009
    APU
    0611D013009

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lagrange
    County
    Troup
    State
    Georgia
    Longitude
    -85.0294
    Latitude
    33.0515
    CBSA code
    29300
    CBSA name
    LAGRANGE, GA-AL MICROPOLITAN 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
    2023
    $32,121
    $355,200
    $822,560
    $1,177,760
    -
    $888,000
    $2,056,400
    $2,944,400

    Comparable in this City

    • Value Estimation by Request
      1,816 SF

      56 Vernon Fry Rd

      CONVENIENCE STORE • 1,816 SF
      56 Vernon Fry Rd, Lagrange, GA 30240-9133
      View Details
    • Value Estimation
      $555,000
      5,000 SF

      1109 New Franklin Rd

      CONVENIENCE STORE • 5,000 SF
      1109 New Franklin Rd, Lagrange, GA 30240-1207
      View Details
    • Value Estimation
      $430,000
      1,800 SF

      1891 Vernon Rd

      CONVENIENCE STORE • 1,800 SF
      1891 Vernon Rd, Lagrange, GA 30240-4080
      View Details
    • Value Estimation
      $680,000
      5,000 SF

      505 Vernon St

      CONVENIENCE STORE • 5,000 SF
      505 Vernon St, Lagrange, GA 30240-3055
      View Details
    • Value Estimation
      $375,000
      4,000 SF

      820 Greenwood St

      CONVENIENCE STORE • 4,000 SF
      820 Greenwood St, Lagrange, GA 30240-1705
      View Details
    • Value Estimation
      $285,000
      3,435 SF

      3400 Pt Rd

      CONVENIENCE STORE • 3,435 SF
      3400 Pt Rd, Lagrange, GA 30240-8635
      View Details

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      Established Eatery and Butcher Shop

      Eatery and butcher shop in high-traffic location.
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    Similar Nearby for Lease

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    • Contact for pricing

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      Historical Building in Downtown LaGrange

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    Property Visit Statistics

    • Visits by month
      21.7k
    • Visitors by month
      14.4k
    • Avg Time on site
      24 min
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    427 New Franklin Rd
    Lagrange, GA 30240-1931
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    Realmo Value Estimation

    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.

    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.

    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
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