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Property profile & analytics
OFF-MARKET
Estimated value
$855,000
Retail space
510 Ctr St Palmetto, GA 30268-1002
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US22-4701372
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1971
Total area
4,500 SF
Lot
1.82 ac (79,323 SF)
Zoning code
R2
APN
07 361400680766
UPID
US22-4701372
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
-
Palmetto Package Store Inc (Bike/Boat/Book/etc) Store Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$890k
Comparable Approach
Comparable
$712k
Blend (final)
Blend
$855k
Owner & transaction history
Shreeji Holdings INC · 6 yrs held
Shreeji Holdings INC
since 2019
6 recorded transactions
Zoning & alternative use
R2 · Palmetto, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Amendments
Top alternative use upside
Medical building
$1.4M
+35.5%
Auto repair, garage
$1.3M
+27.1%
Office building
$1.2M
+15.1%
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 Palmetto submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palmetto 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%
$965,000
6.5%
$890,000
7%
$825,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,030,000
Current use
MEDICAL BUILDING
$1,400,000
Change: +35% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,310,000
Change: +27% · Conversion: Difficult
OFFICE BUILDING
$1,185,000
Change: +15% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,100,000
Change: +6% · Conversion: Easy
Blend value · Realmo final
$855k
Range $770k – $941k · ±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
$190 / 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
$8,257
Tax year 2023
Assessed value
$292,520
Assessed 2023
Previous assessed
$292,520
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$56,840
Assessed improvement
$235,680
Land market value
$142,100
Improvement market value
$589,200
Total market value
$731,300
Applied tax rate
40.0000
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
1971
Heating
YES
Cooling
YES
Stories
1
Total area
4,500 SF
Lot
1.82 ac (79,323 SF)
Zoning code
R2
APN
07 361400680766
UPID
US22-4701372
Jurisdiction
FULTON
Zoning & alternative use
R2 · Palmetto, GAZoning R2 · permitted uses
R2 · Palmetto, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Amendments
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.1M
RETAIL STORES Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1971
Heating
YES
Cooling
Yes
Stories
1
Lot
1.82 ac
Current owner
From public records · entity-resolved
Shreeji Holdings INC
Entity
Mailing address
510 CTR ST, PALMETTO, GA 30268-1002
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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
Oct 21, 2019
$1,600,000
Shreeji Holdings INC
Cho & Cho Enterprises INC
Warranty Deed
$1,780,000 · Metro City Bank
Feb 15, 2018
—
Cho & Cho Ents INC
—
Deed
related
$80,000 · Joo Lee
Mar 27, 2006
$1,400,000
Cho & Cho Ents INC
Jdk Investment Group INC
Grant Deed
—
Mar 27, 2006
—
Cho & Cho Ents INC
Jdk Investment Group INC
Quit Claim Deed
related
$1,660,000 · First Intercontinental Bk
Oct 12, 2004
—
Jdk Investment Group INC
A-20 INC
Quit Claim Deed
related
$1,538,000 · Wachovia Sba Lndg
—
—
Cho & Cho Ents INC
—
Deed Of Trust
related
$80,000 · Joo Lee
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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