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Property profile & analytics
OFF-MARKET
Estimated value
$1,895,000
Grocery and convenience stores
4891 Roosevelt Hwy, South Fulton, GA 30349-2419
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US22-4527750
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2001
Total area
4,200 SF
Lot
1.82 ac (79,366 SF)
Zoning code
C1
APN
09F220201001640
UPID
US22-4527750
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
-
Pizza Wings Restaurant
-
Chevron Grocery & Convenience Store
-
Quick Check Cashing Inc Check Cashing
-
Western Union Bank Credit Union
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.90M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.63M
Blend (final)
Blend
$1.90M
Owner & transaction history
Placid Land LLC · 4 yrs held
Placid Land LLC
since 2022
Last sale
$1.9M
6 recorded transactions
Zoning & alternative use
C1 · South Fulton, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.2M
+3.3%
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 South Fulton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Fulton 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
$1,860,000
ML approach
$1,900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,145,000
Current use
COMMERCIAL (GENERAL)
$1,180,000
Change: +3% · Conversion: Easy
MEDICAL BUILDING
$1,140,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$1.90M
Range $1.71M – $2.08M · ±10% · vs last sale $1.91M (Mar 2 2022)
Last sale anchor
$1.91M
Mar 2 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
$451 / 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
$20,686
Tax year 2023
Assessed value
$732,880
Assessed 2023
Previous assessed
$444,920
+64.7% YoY
Effective rate
2.82%
On assessed value
Assessed land
$239,200
Assessed improvement
$493,680
Land market value
$598,000
Improvement market value
$1,234,200
Total market value
$1,832,200
Applied tax rate
55.0000
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
2001
Heating
NONE
Stories
1
Rooms
5
Bathrooms
1
Total area
4,200 SF
Lot
1.82 ac (79,366 SF)
Zoning code
C1
APN
09F220201001640
UPID
US22-4527750
Jurisdiction
FULTON
Zoning & alternative use
C1 · South Fulton, GA
Zoning C1 · permitted uses
C1 · South Fulton, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Fulton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
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
2001
Heating
NONE
Stories
1
Rooms
5
Bathrooms
1
Lot
1.82 ac
Current owner
From public records · entity-resolved
Placid Land LLC
Entity
Mailing address
3601 ATLANTA RD SE, SMYRNA, GA 30080-5931
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 2, 2022
$1,910,000
Placid Land LLC
Patwary Enterprise INC
Warranty Deed
$1,500,000 · Metro City Bank
Jun 30, 2008
$1,290,000
Patwary Enterprise INC
Ss Kj Enterprises INC
Grant Deed
—
Jun 25, 2008
$1,290,000
Om Parkash
First Georgia Community Ba
Grant Deed
—
—
—
Patwary,enterprise INC
—
Deed Of Trust
related
$1,132,000 · Buckhead Community Bank
—
—
Patwary Ent INC
—
Deed Of Trust
related
$457,600 · Metro Cty Bk
—
—
Patwary,enterprise INC
—
Deed Of Trust
related
$200,000 · Jones Petroleum Co INC
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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