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Property profile & analytics
FOR SALE
Retail space
50 Frst Ave Hartwell, GA 30643-7214
Entity Owned
1-yr Hold
Absentee Owner
Property ID
US22-0608563
For Sale
1 / 27
$549,000
50 Frst Ave, Hartwell, GA 30643-7214
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1920
Total area
10,760 SF
Lot
0.16 ac (6,970 SF)
Zoning code
B2
APN
I57D-170
UPID
US22-0608563
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
-
Market 50 Take-out & Catering
-
Brown Mercantile Co Home Decor Store Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.29M
Blend (final)
Blend
$1.24M
Owner & transaction history
Forest Avenue Properties LLC · 1 yrs held
Forest Avenue Properties LLC
since 2024
7 recorded transactions
Zoning & alternative use
B2 · Hartwell, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Hartwell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hartwell 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
$1,155,000
Current use
COMMERCIAL (GENERAL)
$945,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$1.24M
Range $1.11M – $1.36M · ±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
$115 / 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
$6,367
Tax year 2023
Assessed value
$245,711
Assessed 2023
Previous assessed
$245,711
+0.0% YoY
Effective rate
2.59%
On assessed value
Assessed land
$35,261
Assessed improvement
$210,450
Land market value
$88,153
Improvement market value
$526,124
Total market value
$614,277
Applied tax rate
2.0000
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
For Sale
Year built
1920
Heating
NONE
Total area
10,760 SF
Lot
0.16 ac (6,970 SF)
Zoning code
B2
APN
I57D-170
UPID
US22-0608563
Jurisdiction
HART
Zoning & alternative use
B2 · Hartwell, GA
Zoning B2 · permitted uses
B2 · Hartwell, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hartwell. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$945,000
RETAIL STORES Current
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
1920
Heating
NONE
Lot
0.16 ac
Current owner
From public records · entity-resolved
Forest Avenue Properties LLC
Entity
Mailing address
1583 WATERSHED RD, CANON, GA 30520-3905
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2024
—
Forest Avenue Properties LLC
Daniel Jantz
Warranty Deed
—
Aug 2, 2023
$230,000
Daniel Jantz
Brown Merchantile LLC
Warranty Deed
—
Jul 28, 2021
—
Brown Mercantile LLC
—
Deed
related
$70,000 · Downton Development Authority Of Hartwel
Jun 29, 2021
$175,000
Brown Merchantile LLC
David Sellers
Warranty Deed
$87,500 · First Citizens Bank
Oct 25, 2019
—
David Sellers
—
Deed
related
$87,000 · Apex Mtg Corp
Apr 12, 2019
$75,000
David Sellers
White,bobby
Warranty Deed
—
Dec 22, 2017
—
Angela Unruh
—
Deed
related
$289,000 · First Citizens Bank
Apr 9, 2012
$370,000
Connie S Carter
Pierce,t W
Warranty Deed
$171,950 · First Citizens Bank & Trust Co
Apr 5, 2012
$370,000
Connie S Carter
Pierce,t W
Grant Deed
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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