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Property profile & analytics
OFF-MARKET
Estimated value
$2,550,000
Auto shops
4405 Lexington Rd Athens, GA 30605
Entity Owned
2-yr Hold
Free & Clear
Property ID
US22-1584591
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2022
Total area
6,360 SF
Lot
1.37 ac (59,677 SF)
Zoning code
C-G(PD)
APN
23-4- -016-D
UPID
US22-1584591
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
-
Mavis Tires & Brakes (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.55M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.07M
Blend (final)
Blend
$2.55M
Owner & transaction history
Glendavid LLC · 2 yrs held
Glendavid LLC
since 2024
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
C-G(PD) · Athens, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$4.1M
+247.0%
Restaurant
$2.5M
+115.6%
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 Athens submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Athens 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
$2,550,000
ML approach
$2,550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$4,070,000
Change: +247% · Conversion: Difficult
RESTAURANT
$2,530,000
Change: +116% · Conversion: Difficult
Blend value · Realmo final
$2.55M
Range $2.30M – $2.81M · ±10% · vs last sale $2.55M (Mar 25 2024)
Last sale anchor
$2.55M
Mar 25 2024
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
$401 / 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
$20,951
Tax year 2023
Assessed value
$670,430
Assessed 2023
Previous assessed
$670,430
+0.0% YoY
Effective rate
3.13%
On assessed value
Assessed land
$258,930
Assessed improvement
$411,500
Land market value
$647,325
Improvement market value
$1,028,751
Total market value
$1,676,076
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2022
Heating
NONE
Total area
6,360 SF
Lot
1.37 ac (59,677 SF)
Zoning code
C-G(PD)
APN
23-4- -016-D
UPID
US22-1584591
Jurisdiction
CLARKE
Zoning & alternative use
C-G(PD) · Athens, GA
Zoning C-G(PD) · permitted uses
C-G(PD) · Athens, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Athens. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$4.1M
RESTAURANT
Est. value
$2.5M
RETAIL STORES
RESTAURANT
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
2022
Heating
NONE
Lot
1.37 ac
Current owner
From public records · entity-resolved
Glendavid LLC
Entity
Free & Clear · 2 yrs held
Mailing address
4405 LEXINGTON RD, ATHENS, GA 30605
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2024
$2,550,432
Glendavid LLC
Snellville Properties
Warranty Deed
—
Aug 12, 2022
$3,145,533
Snellville Properties LLC
Goddard Family LP
Warranty Deed
—
Jul 15, 2022
$2,532,977
Goddard Family L P
Gdp Sd East Athens LLC
Warranty Deed
$1,773,080 · Renasant Bank
Aug 9, 2021
$525,000
Gdp Sd East Athens LLC
Athens East LLC
Limited Warranty Deed
—
Feb 1, 2013
$390,000
Halpern Enterprises INC
Rcg-athens LLC
Grant Deed
—
Nov 10, 2011
—
Rcg-athens LLC
Jdn Dev Co INC
Quit Claim Deed
related
—
Nov 10, 2011
$276,600
Rcg-athens LLC
Jdn Dev Co INC
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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