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Property profile & analytics
OFF-MARKET
Estimated value
$420,000
Drug stores
485 Concord SE Rd Smyrna, GA 30082-3226
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1534436
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
1997
Total area
10,107 SF
Lot
1.63 ac (71,103 SF)
Zoning code
OI
APN
17033900410
UPID
US22-1534436
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
-
MoneyGram Bank Credit Union
-
CVS Pharmacy Pharmacy
-
Coinhub Bitcoin ATM Teller Atm
-
Atlanta Sign Shop (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.19M
Comparable Approach
Comparable
$1.14M
Blend (final)
Blend
$420k
Owner & transaction history
Smyrna 85 LLC · 1 yrs held
Smyrna 85 LLC
since 2024
7 recorded transactions
Zoning & alternative use
OI · Smyrna, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent in establishing the OI district is to encourage the development of and provide areas suitable for offices of various types, public and private community uses and certain related activities.
Zone name
Office Industrial District
General category
INDUSTRIAL
Zone area
215.71 ac
Source
Realmo
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 Smyrna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Smyrna 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,370,000
6.5%
$2,185,000
7%
$2,030,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,555,000
Current use
MEDICAL BUILDING
$2,480,000
Change: -3% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,175,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$420k
Range $378k – $462k · ±10%
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
$42 / 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
$18,987
Tax year 2024
Assessed value
$699,080
Assessed 2024
Previous assessed
$699,080
+0.0% YoY
Effective rate
2.72%
On assessed value
Assessed land
$520,932
Assessed improvement
$178,148
Land market value
$1,302,330
Improvement market value
$445,370
Total market value
$1,747,700
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
1997
Heating
NONE
Total area
10,107 SF
Lot
1.63 ac (71,103 SF)
Zoning code
OI
APN
17033900410
UPID
US22-1534436
Jurisdiction
COBB
Zoning & alternative use
OI · Smyrna, GAZoning OI · permitted uses
OI · Smyrna, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent in establishing the OI district is to encourage the development of and provide areas suitable for offices of various types, public and private community uses and certain related activities.
Zone name
Office Industrial District
General category
INDUSTRIAL
Zone area
215.71 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.6M
MEDICAL BUILDING
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$2.2M
RETAIL STORES Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
1997
Heating
NONE
Lot
1.63 ac
Current owner
From public records · entity-resolved
Smyrna 85 LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1 CVS DR WOONSOCKET
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Sep 12, 2024
—
Smyrna 85 LLC
Afb&t A Division Of Synovus Bank
Deed
—
Jan 17, 2019
—
Smyrna 85 LLC
—
Deed
related
$1,796,318 · Synovus Bk
Apr 25, 2018
—
Smyrna 85 LLC
—
Deed
related
$2,000,000 · Synovus Bank
Nov 18, 2015
$2,775,000
Smyrna 85 LLC
Smyrna-psp LLC
Grant Deed
related
$2,000,000 · Storey Family LP Two Lllp
—
—
Smyrna 85 LLC
—
Loan Modification
related
$1,796,318 · Synovus Bk
—
—
Smyrna 85 LLC
—
Deed Of Trust
related
$2,000,000 · Afb&t
—
—
Smyrna 85 LLC
—
Loan Modification
related
$2,000,000 · Synovus Bk
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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