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    Property profile & analytics

    4840 Bill Gardner Pkwy Locust Grove, GA 30248-3643

    • Hotels
    • 25,443 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    $770,000
    Location Intelligence
    Property ID
    US22-1346592
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Red Roof Inn Locust Grove / Hotel / Extended Stay Hotel

    Property Details for 4840 Bill Gardner Pkwy

    Year built
    2008
    Construction
    WOOD
    Lot size
    1.00 lot acres
    Property size
    25,443 SF
    Zone code
    C2
    Property type
    Hotels
    Property subtype
    Motels
    APN
    112-01028000
    APU
    11201028000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $735,000

    • CAP approach

      CAP return
      Estimation
      6%
      $910,000
      6.5%
      $995,000
      7%
      $1,055,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $935,000
      Geo Method
      $1,055,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,025,000
      Retail
      $935,000
      Mixed-Use
      $835,000
      Hospitality
      $830,000
      Educational
      $945,000
      Residential Income
      $1,015,000
      Energy
      $840,000
      Income-Based Land
      $950,000
      Food Service
      $1,050,000

    Location Insight

    • Map
    • Local Demand
    City
    Locust Grove
    County
    Henry
    State
    Georgia
    Longitude
    -84.1225
    Latitude
    33.3522
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $41,680
    $243,920
    $960,640
    $1,204,560
    -
    $609,800
    $2,401,600
    $3,011,400

    Comparable in this City

    • Value Estimation
      $8,490,000
      36,319 SF

      4832 Bill Gardner Pkwy

      HOTEL/MOTEL • 36,319 SF
      4832 Bill Gardner Pkwy, Locust Grove, GA 30248-2448
      View Details
    • Value Estimation
      $8,700,000
      39,393 SF

      4660 Bill Gardner Pkwy

      HOTEL/MOTEL • 39,393 SF
      4660 Bill Gardner Pkwy, Locust Grove, GA 30248-2425
      View Details
    • Value Estimation
      $10,115,000
      45,270 SF

      690 Market Pl

      HOTEL/MOTEL • 45,270 SF
      690 Market Pl, Locust Grove, GA 30248-3729
      View Details
    • Value Estimation
      $5,480,000
      39,904 SF

      4699 Bill Gardner Pkwy

      HOTEL/MOTEL • 39,904 SF
      4699 Bill Gardner Pkwy, Locust Grove, GA 30248-2437
      View Details
    • Value Estimation
      $990,000
      22,030 SF

      197 Stanley K Tanger Blvd

      HOTEL/MOTEL • 22,030 SF
      197 Stanley K Tanger Blvd, Locust Grove, GA 30248-3636
      View Details
    • Value Estimation
      $355,000
      16,952 SF

      4675 Bill Gardner Pkwy

      HOTEL/MOTEL • 16,952 SF
      4675 Bill Gardner Pkwy, Locust Grove, GA 30248-2437
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      154,700 SF

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      View Details
    • Contact for pricing
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      8,800 SF

      Locust Grove Retail Center - New!

      Prime Retail Space, 8,800 SF, 2 Acres
      4939 Bill Gardner Pkwy, Locust Grove, GA 30248
      View Details
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      903,701 SF

      Stonemont Park 75 South: Class A Warehouses

      Locust Grove, GA: New Class A industrial space.
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      530,000 SF

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      530,000 SF Industrial Space for Lease
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    • Contact for pricing

      Locust Grove Retail Opportunity

      Retail and restaurant space for lease near Tanger Outlets.
      4518 Highway 42, Locust Grove, GA 30248
      View Details
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    Locust Grove, GA 30248-3643
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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