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Property profile & analytics
OFF-MARKET
Estimated value
$2,800,000
Auto shops
490 Bohannon Rd Fairburn, GA 30213-2875
Entity Owned
4-yr Hold
Property ID
US22-4511418
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2009
Construction
WOOD
Total area
13,608 SF
Lot
2 ac (87,120 SF)
Zoning code
M2
APN
09F090200490155
UPID
US22-4511418
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.88M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.74M
Blend (final)
Blend
$2.80M
Owner & transaction history
Hrep Bohannon II LLC · 4 yrs held
Hrep Bohannon II LLC
since 2022
Last sale
$2.8M
7 recorded transactions
Zoning & alternative use
M2 · Fairburn, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$4.5M
+12.7%
Medical building
$4.2M
+6.6%
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 Fairburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairburn 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
$2,730,000
ML approach
$2,875,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$3,965,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$4,470,000
Change: +13% · Conversion: Difficult
MEDICAL BUILDING
$4,225,000
Change: +7% · Conversion: Difficult
OFFICE BUILDING
$3,590,000
Change: -9% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,320,000
Change: -16% · Conversion: Moderate
Blend value · Realmo final
$2.80M
Range $2.52M – $3.08M · ±10% · vs last sale $2.80M (Apr 12 2022)
Last sale anchor
$2.80M
Apr 12 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
$206 / 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
$8,214
Tax year 2023
Assessed value
$291,000
Assessed 2023
Previous assessed
$291,000
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$75,640
Assessed improvement
$215,360
Land market value
$189,100
Improvement market value
$538,400
Total market value
$727,500
Applied tax rate
25.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2009
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Rooms
5
Bathrooms
1
Total area
13,608 SF
Lot
2 ac (87,120 SF)
Zoning code
M2
APN
09F090200490155
UPID
US22-4511418
Jurisdiction
FULTON
Zoning & alternative use
M2 · Fairburn, GA
Zoning M2 · permitted uses
M2 · Fairburn, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fairburn. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$4.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.5M
MEDICAL BUILDING
Est. value
$4.2M
OFFICE BUILDING
Est. value
$3.6M
COMMERCIAL (GENERAL)
Est. value
$3.3M
AUTO REPAIR, GARAGE Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE 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
2009
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Rooms
5
Bathrooms
1
Lot
2 ac
Current owner
From public records · entity-resolved
Hrep Bohannon II LLC
Entity
Mailing address
490 BOHANNON RD, FAIRBURN, GA 30213-2875
Mailing matches property
Yes
Owner-occupied
Yes
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 12, 2022
$2,800,000
Hrep Bohannon II LLC
Trailer Specialists Holdings LLC
Warranty Deed
$1,875,000 · Georgia Banking
Apr 12, 2022
—
Hrep Bohannon II LLC
Trailer Specialists Holdings LLC
Quit Claim Deed
related
—
Feb 8, 2008
$166,300
Trailer Specialists Holdings L
Torri,roger
Warranty Deed
$142,000 · Bank Of Ga
Jan 29, 2008
$166,290
Specialists Holdings L Trailer
Torri,roger
Grant Deed
related
—
Jul 30, 2004
$259,500
Elijah Holding Co LLC
Martin,james C
Grant Deed
—
Jul 30, 2004
$130,000
Torri,roger
Elijah Holding Co LLC
Grant Deed
—
—
—
Trailer Specialists Hldgs LLC
—
Deed Of Trust
related
$987,409 · Branch Bk&tr
—
—
Specialists Holdings L Trailer
—
Deed Of Trust
related
$123,750 · Bank Of Ga
—
—
Trailer Holding Specialists Ll
—
Loan Modification
related
$706,971 · Branch Bk&tr
—
—
Trailer Specialists Holdings L
—
Deed Of Trust
related
$216,000 · Branch Bk&tr
—
—
Holding Elliah
—
Deed Of Trust
related
$103,746 · First Bank Of The South
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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