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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Grocery and convenience stores
448 Brannen Dr Statesboro, GA 30458-9030
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US22-2228973
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1980
Construction
STEEL FRAME
Total area
5,900 SF
Lot
0.66 ac (28,750 SF)
Zoning code
NC
APN
MS33 -017-000
UPID
US22-2228973
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
-
ATM Atm
-
The Country Store Flooring Center Home Decor Store Department Store
-
Country Store Flooring Center Carpet & Flooring Store Hardware & Home Improvement
-
Texaco Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$740k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$440k
Blend (final)
Blend
$710k
Owner & transaction history
Shivani Pandya · 6 yrs held
Shivani Pandya
since 2020
Last sale
$550,000
2 recorded transactions
Zoning & alternative use
NC · Statesboro, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$695,000
+229.9%
Auto repair, garage
$670,000
+217.3%
Commercial (general)
$625,000
+195.0%
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 Statesboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Statesboro 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
$990,000
ML approach
$740,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$695,000
Change: +230% · Conversion: Difficult
AUTO REPAIR, GARAGE
$670,000
Change: +217% · Conversion: Difficult
COMMERCIAL (GENERAL)
$625,000
Change: +195% · Conversion: Easy
OFFICE BUILDING
$620,000
Change: +194% · Conversion: Moderate
RETAIL STORES
$455,000
Change: +115% · Conversion: Easy
MEDICAL BUILDING
$435,000
Change: +105% · Conversion: Difficult
Blend value · Realmo final
$710k
Range $639k – $781k · ±10% · vs last sale $550k (Jan 21 2020)
Last sale anchor
$550k
Jan 21 2020
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
$120 / 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
$5,028
Tax year 2023
Assessed value
$116,406
Assessed 2023
Previous assessed
$116,406
+0.0% YoY
Effective rate
4.32%
On assessed value
Assessed land
$46,960
Assessed improvement
$69,446
Land market value
$117,400
Improvement market value
$173,615
Total market value
$291,015
Applied tax rate
6.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1980
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Total area
5,900 SF
Lot
0.66 ac (28,750 SF)
Zoning code
NC
APN
MS33 -017-000
UPID
US22-2228973
Jurisdiction
BULLOCH
Zoning & alternative use
NC · Statesboro, GA
Zoning NC · permitted uses
NC · Statesboro, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Statesboro. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$695,000
AUTO REPAIR, GARAGE
Est. value
$670,000
COMMERCIAL (GENERAL)
Est. value
$625,000
OFFICE BUILDING
Est. value
$620,000
RETAIL STORES
Est. value
$455,000
MEDICAL BUILDING
Est. value
$435,000
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
MEDICAL BUILDING
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
1980
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Lot
0.66 ac
Current owner
From public records · entity-resolved
Shivani Pandya
Individual
Mailing address
448 BRANNEN DR, STATESBORO, GA 30458-9030
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2020
$550,000
Shivani Pandya
Tcs Of Statesboro LLC
Grant Deed
$500,000 · Tcs/statesboro LLC
Oct 17, 2007
—
Tcs Of Statesboro LLC
Not Provided
Deed
$608,045 · Sea Island 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.
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