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Property profile & analytics
OFF-MARKET
Estimated value
$1,220,000
Individual retail properties
503 Johnson St Bremen, GA 30110-1678
Entity Owned
3-yr Hold
Property ID
US22-3828868
Property profile
Verified
Property type
Individual retail properties
Use group
LAUNDROMAT (SELF-SERVICE)
Year built
2010
Construction
WOOD
Total area
10,474 SF
Lot
1.18 ac (51,401 SF)
Zoning code
2
APN
BR11 -0081A
UPID
US22-3828868
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
$1.18M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.22M
Owner & transaction history
Bremen Square Apartments LLC · 3 yrs held
Bremen Square Apartments LLC
since 2023
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
2 · Bremen, GA
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 Bremen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bremen 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
$1,220,000
ML approach
$1,180,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,295,000
Change: 0% · Conversion: Difficult
RESTAURANT
$1,245,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$920,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$890,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$810,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$735,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$1.22M
Range $1.10M – $1.34M · ±10% · vs last sale $1.22M (Feb 21 2023)
Last sale anchor
$1.22M
Feb 21 2023
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
$116 / 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
$5,366
Tax year 2023
Assessed value
$178,483
Assessed 2023
Previous assessed
$178,483
+0.0% YoY
Effective rate
3.01%
On assessed value
Assessed land
$13,080
Assessed improvement
$165,403
Land market value
$32,700
Improvement market value
$413,507
Total market value
$446,207
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
Individual retail properties
Use group
LAUNDROMAT (SELF-SERVICE)
Status
Off-Market
Year built
2010
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Total area
10,474 SF
Lot
1.18 ac (51,401 SF)
Zoning code
2
APN
BR11 -0081A
UPID
US22-3828868
Jurisdiction
HARALSON
Zoning & alternative use
2 · Bremen, GAZoning 2 · permitted uses
2 · Bremen, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Map
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.3M
RESTAURANT
Est. value
$1.2M
RETAIL STORES
Est. value
$920,000
MEDICAL BUILDING
Est. value
$890,000
AUTO REPAIR, GARAGE
Est. value
$810,000
WAREHOUSE, STORAGE
Est. value
$735,000
COMMERCIAL (GENERAL)
RESTAURANT
RETAIL STORES
MEDICAL BUILDING
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
2010
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Lot
1.18 ac
Current owner
From public records · entity-resolved
Bremen Square Apartments LLC
Entity
Mailing address
202 CARROLLTON ST STE #109, BREMEN, GA 30110-2065
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 21, 2023
$1,220,000
Bremen Square Apartments LLC
Joe Mama Holdings LLC
Warranty Deed
$990,000 · Georgias Own Credit Union
Feb 21, 2023
—
503 Johnson LLC
Hometrust Bank
Quit Claim Deed
related
—
Feb 15, 2023
—
Joe Mama Holdings LLC
503 Johnson LLC
Warranty Deed
—
Apr 26, 2021
$789,500
503 Johnson LLC
C And C Properties Of West Georgia
Warranty Deed
$592,125 · Quantum National Bank
Nov 1, 2019
$575,000
C & C Prop Of W Georgia LLC
Johnson Street Properties LLC
Warranty Deed
—
Dec 11, 2009
—
Johnson Street Properties LLC
Cartwright,chris
Warranty Deed
related
—
Dec 4, 2009
—
Ib Propertye Holdings LLC
Bayview Ln Svcg LLC
Grant Deed
related
—
Nov 13, 2009
—
Chris Cartwright
Ib Property Holdings LLC
Affidavit Of Death
related
—
Sep 23, 2009
$175,000
Chris Cartwright
Ib Property Holdings LLC
Grant Deed
—
Sep 18, 2009
—
Ib Property Holdings LLC
Bayview Loan Servicing LLC
Grant Deed
related
—
Jan 11, 2008
—
Bayview Loan Servicing LLC
Doss,robert W & Marina K
Trustees Deed
related
—
Feb 16, 2007
—
Robert W Doss
Doss,marina K
Quit Claim Deed
related
$412,000 · Silver Hill Financial LLC
Feb 9, 2007
—
Robert W Doss
Doss,marina K
Quit Claim Deed
related
$412,000 · Silver Hill Financial LLC
Feb 15, 2006
$375,000
Marina K Doss
Dewberry,dean D & Vernell L
Warranty Deed
$385,000 · Peoples Community Nat'l Bank
—
—
Danny W Cartwright
—
Loan Modification
related
$212,341 · Peoples Community Nat'l Bank
—
—
Johnson Street Properties LLC
—
Deed Of Trust
related
$269,144 · Peoples Community Nat'l Bank
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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