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Property profile & analytics
OFF-MARKET
Estimated value
$885,000
Retail space
4938 Henry Blvd Stockbridge, GA 30281-3520
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-4749566
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,652 SF
Lot
1.04 ac (45,302 SF)
Zoning code
OI
APN
S18-01019000
UPID
US22-4749566
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
-
Stockbridge Tae Kwon Do Academy Training Center Sports School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$885k
Owner & transaction history
Forest Restaurant INC · 8 yrs held
Forest Restaurant INC
since 2018
4 recorded transactions
Zoning & alternative use
OI · Stockbridge, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
District is to allow a land use category for offices, banks, and personal business services which can serve as a transitional area between residential and commercial districts
Zone name
Office Institutional
General category
CIVIC_INSTITUTIONAL
Zone area
226.32 ac
Source
Realmo
Top alternative use upside
Auto repair, garage
$1.4M
+2.8%
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 Stockbridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stockbridge 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,335,000
Current use
AUTO REPAIR, GARAGE
$1,370,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$885k
Range $797k – $974k · ±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
$133 / 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
$11,710
Tax year 2024
Assessed value
$289,200
Assessed 2024
Previous assessed
$289,200
+0.0% YoY
Effective rate
4.05%
On assessed value
Assessed land
$108,720
Assessed improvement
$180,480
Land market value
$271,800
Improvement market value
$451,200
Total market value
$723,000
Applied tax rate
3.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Rooms
10
Bathrooms
2
Total area
6,652 SF
Lot
1.04 ac (45,302 SF)
Zoning code
OI
APN
S18-01019000
UPID
US22-4749566
Jurisdiction
HENRY
Zoning & alternative use
OI · Stockbridge, GAZoning OI · permitted uses
OI · Stockbridge, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
District is to allow a land use category for offices, banks, and personal business services which can serve as a transitional area between residential and commercial districts
Zone name
Office Institutional
General category
CIVIC_INSTITUTIONAL
Zone area
226.32 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.4M
RETAIL STORES Current
AUTO REPAIR, GARAGE
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
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
10
Bathrooms
2
Lot
1.04 ac
Current owner
From public records · entity-resolved
Forest Restaurant INC
Entity
Mailing address
4004 MINNOW RD, STOCKBRIDGE, GA 30281
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 22, 2018
—
Forest Restaurant INC
Shin,ki J
Grant Deed
related
$430,000 · Noa Bk
Oct 26, 2007
$740,000
Ki Joong Shin
Howell Oil Corp
Grant Deed
$525,000 · Keb Ny Financial Corp
—
—
Ki J Shin
—
Deed Of Trust
related
$485,761 · Keb Ny Financial Corp
—
—
Howell Oil Corp
—
Deed Of Trust
related
$473,943 · Mcintosh St 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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