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Property profile & analytics
OFF-MARKET
Retail space
438 Cabaniss Rd Forsyth, GA 31029-9037
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-2501183
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2021
Total area
4,636 SF
Lot
0.64 ac (27,878 SF)
Zoning code
3
APN
F33-010
UPID
US22-2501183
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
Cabiness Road LLC · 1 yrs held
Cabiness Road LLC
since 2024
Last sale
$265,000
6 recorded transactions
Zoning & alternative use
3 · Forsyth, 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 Forsyth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Forsyth 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
$6,835
Tax year 2023
Assessed value
$224,360
Assessed 2023
Previous assessed
$224,360
+0.0% YoY
Effective rate
3.05%
On assessed value
Assessed land
$100,000
Assessed improvement
$124,360
Land market value
$250,000
Improvement market value
$310,900
Total market value
$560,900
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2021
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
4,636 SF
Lot
0.64 ac (27,878 SF)
Zoning code
3
APN
F33-010
UPID
US22-2501183
Jurisdiction
MONROE
Zoning & alternative use
3 · Forsyth, GAZoning 3 · permitted uses
3 · Forsyth, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2021
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.64 ac
Current owner
From public records · entity-resolved
Cabiness Road LLC
Entity
Mailing address
2859 PACES FRY RD SE STE #1140, ATLANTA, GA 30339-6207
Mailing matches property
Different — outreach signal
Owner-occupied
No
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 22, 2024
—
Cabiness Road LLC
Cabiness Road LLC
Quitclaim Deed
related
$1,430,000 · Colony Bank
Apr 25, 2023
—
Cabiness Road LLC
—
Deed
related
$1,100,000 · Colony Bank
Sep 6, 2019
$265,000
Cabiness Road LLC
Etherridge Htg & A/c INC
Grant Deed
—
Jan 9, 2019
$88,500
Etheridge Htg & A & C INC
Hahn,howard S
Grant Deed
$72,303 · United Bk
Jul 3, 2018
—
Howard S Hahn
Howard S Hahn Ira Account Numb
Quit Claim Deed
related
—
Jun 14, 2006
$91,500
Pensco Co Howard S Hahn
Not Provided
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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