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Property profile & analytics
OFF-MARKET
Turn key restaurants
4450 Forsyth Rd Macon, GA 31210-4537
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US22-2173257
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2008
Construction
CONCRETE BLOCKS
Total area
3,825 SF
Lot
0.93 ac (40,511 SF)
Zoning code
C-4
APN
M062-0178
UPID
US22-2173257
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
-
Dunkin' Donuts Cafe & Coffee Shop
-
Subway Take-out & Catering Catering Service
-
Dunkin' Cafe & Coffee Shop
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
Qsr Group LLC
Qsr Group LLC
since 2025
7 recorded transactions
Zoning & alternative use
C-4 · Macon, 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 Macon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Macon 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
$11,455
Tax year 2023
Assessed value
$326,289
Assessed 2023
Previous assessed
$326,289
+0.0% YoY
Effective rate
3.51%
On assessed value
Assessed land
$73,843
Assessed improvement
$252,446
Land market value
$184,607
Improvement market value
$631,114
Total market value
$815,721
Applied tax rate
11.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2008
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Total area
3,825 SF
Lot
0.93 ac (40,511 SF)
Zoning code
C-4
APN
M062-0178
UPID
US22-2173257
Jurisdiction
BIBB
Zoning & alternative use
C-4 · Macon, GA
Zoning C-4 · permitted uses
C-4 · Macon, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Macon. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2008
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Lot
0.93 ac
Current owner
From public records · entity-resolved
Qsr Group LLC
Entity
Mailing address
5479 CHAMBLEE DUNWOODY RD, DUNWOODY, GA 30338-4114
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2025
—
Qsr Group LLC
Bpcp Investment Holdings LP
Quitclaim Deed
related
—
Jan 16, 2020
—
Qsr Group LLC
—
Deed
related
$1,450,000 · Morris Bk
Oct 8, 2018
$625,000
Qsr Group LLC
Spenkenn LLC
Warranty Deed
$500,000 · Morris Bk
May 21, 2008
—
Spenkenn LLC
Spenkenn Enterprises INC
Quit Claim Deed
related
$600,000 · Wachovia Bank NA
Jun 19, 2007
$440,000
Spenkenn Ents INC
Blue Ice LLC
Warranty Deed
—
—
—
Qsr Group LLC
—
Deed Of Trust
related
$1,450,000 · Morris Bk
—
—
Spenkenn LLC
—
Deed Of Trust
related
$397,874 · Capital City Bank
—
—
Spenkenn LLC
—
Loan Modification
related
$283,949 · Capital City Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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