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Property profile & analytics
OFF-MARKET
Estimated value
$1,520,000
Grocery and convenience stores
4624 Friendship Rd Buford, GA 30519-1833
Individually Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-4669924
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2022
Total area
5,064 SF
Lot
2.24 ac (97,574 SF)
Zoning code
C-2
APN
08-156 -002-194
UPID
US22-4669924
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
-
Wells Fargo ATM Atm
-
QuikTrip Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.54M
CAP Approach
CAP
$1.14M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.52M
Owner & transaction history
Jllx Friendship Distribution Center · 4 yrs held
Jllx Friendship Distribution Center
since 2022
Last sale
$1.5M
3 recorded transactions
Zoning & alternative use
C-2 · Buford, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
RMD/RM-6/RM-8 40’ 40’ 35’ --- --- MH/MHS 75’ 75’ 75’ 75’ 25’ O-I/P (Std. Height) 50’ 50’ 50’ 50’ 50’ OBP (Std. Height) 50’ 50’ 50’ 50’ 50’ M-1 (Std. Height) 50’ 50’ 50’ 50’ 50’ M-2 (Std. Height) 100’ 100’ 100’ 100’ 100’ C-2 (Std. Height) 75’ 75’ 75’ 75’ 75’ For buffer strip width other than standard height structures, the Board of Commissioners may increas…
Zone name
General Business District
General category
COMMERCIAL
Zone area
2,378.33 ac
Source
ARTICLE VI
Top alternative use upside
Auto repair, garage
$1.1M
+35.0%
Medical building
$1.0M
+28.5%
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 Buford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Buford 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
$1,540,000
ML approach
$1,540,000
CAP Approach
CAP Return
Estimation
6%
$1,230,000
6.5%
$1,135,000
7%
$1,055,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,060,000
Change: +35% · Conversion: Difficult
MEDICAL BUILDING
$1,010,000
Change: +28% · Conversion: Difficult
Blend value · Realmo final
$1.52M
Range $1.37M – $1.67M · ±10% · vs last sale $1.50M (Mar 18 2022)
Last sale anchor
$1.50M
Mar 18 2022
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
$300 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$27,506
Tax year 2024
Assessed value
$1,312,640
Assessed 2024
Previous assessed
$869,240
+51.0% YoY
Effective rate
2.10%
On assessed value
Assessed land
$695,200
Assessed improvement
$617,440
Land market value
$1,738,000
Improvement market value
$1,543,600
Total market value
$3,281,600
Applied tax rate
8.0000
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
2022
Total area
5,064 SF
Lot
2.24 ac (97,574 SF)
Zoning code
C-2
APN
08-156 -002-194
UPID
US22-4669924
Jurisdiction
HALL
Zoning & alternative use
C-2 · Buford, GAZoning C-2 · permitted uses
C-2 · Buford, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
RMD/RM-6/RM-8 40’ 40’ 35’ --- --- MH/MHS 75’ 75’ 75’ 75’ 25’ O-I/P (Std. Height) 50’ 50’ 50’ 50’ 50’ OBP (Std. Height) 50’ 50’ 50’ 50’ 50’ M-1 (Std. Height) 50’ 50’ 50’ 50’ 50’ M-2 (Std. Height) 100’ 100’ 100’ 100’ 100’ C-2 (Std. Height) 75’ 75’ 75’ 75’ 75’ For buffer strip width other than standard height structures, the Board of Commissioners may increase the minimum buffer strip required as a condition for allowing additional height o
Zone name
General Business District
General category
COMMERCIAL
Zone area
2,378.33 ac
Source
ARTICLE VI
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.0M
AUTO REPAIR, GARAGE
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
2022
Lot
2.24 ac
Current owner
From public records · entity-resolved
Jllx Friendship Distribution Center
Individual
Free & Clear · 4 yrs held
Mailing address
4705 S 129TH E AVE, TULSA, OK 74134-7005
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2022
$95,000,000
Jllx Friendship Distribution Center
Lipt Distribution Parkway LLC
Quit Claim Deed
related
—
Jan 28, 2022
$1,500,000
Quiktrip Corp
Exit Two Investments LLC
Limited Warranty Deed
—
Oct 20, 2021
$95,000,000
Lipt Distribution Parkway LLC
Friendship Distribution Center LLC
Limited Warranty 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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