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Property profile & analytics
OFF-MARKET
Turn key restaurants
5128 Emory NW St Covington, GA 30014-1312
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-4193886
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1925
Total area
1,631 SF
Lot
0.53 ac (23,087 SF)
Zoning code
R1
APN
C0230-00030-017-000
UPID
US22-4193886
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Conyers Haitian Ch Of God INC · 6 yrs held
Conyers Haitian Ch Of God INC
since 2020
7 recorded transactions
Zoning & alternative use
R1 · Covington, 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 Covington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Covington 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,815
Tax year 2023
Assessed value
$55,840
Assessed 2023
Previous assessed
$55,840
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$7,000
Assessed improvement
$48,840
Land market value
$17,500
Improvement market value
$122,100
Total market value
$139,600
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1925
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
1,631 SF
Lot
0.53 ac (23,087 SF)
Zoning code
R1
APN
C0230-00030-017-000
UPID
US22-4193886
Jurisdiction
NEWTON
Zoning & alternative use
R1 · Covington, GA
Zoning R1 · permitted uses
R1 · Covington, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Covington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1925
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.53 ac
Current owner
From public records · entity-resolved
Conyers Haitian Ch Of God INC
Entity
Mailing address
1538 EMORY ST, COVINGTON, GA 30014
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2020
$375,000
Conyers Haitian Ch Of God INC
North Georgia Conference Of The U
Grant Deed
$200,000 · Smartbank
Feb 24, 2020
—
North Georgia Conference Of The U
Connexion Ch N Covington
Quit Claim Deed
related
—
Aug 8, 2019
—
North Georgia Conference Of The U
Hooten,gregory
Quit Claim Deed
related
—
Jun 18, 2019
—
North Georgia Conference Of The U
Shore,bradd & Linda
Quit Claim Deed
related
—
Feb 27, 2015
$70,000
Connexion Ch Of North Covington
Hud-housing Of Urban Dev
Grant Deed
—
Dec 16, 2014
—
Hud-housing Of Urban Dev
Wells Fargo Bk NA
Grant Deed
related
—
Apr 10, 2014
$46,800
Fargo Bk NA Wells
Butts,caitlin M
Trustees Deed
related
—
Apr 1, 2014
$46,800
Wells Fargo Bank NA
Butts,caitlin M
Grant Deed
related
—
Oct 31, 2008
$137,000
Caitlin M Butts
Dale K Howe
Deed
$135,215 · Sunshine Mtg
Apr 4, 2005
$105,000
Howe, Dale K
Beam, Cheryl & George
Deed
$105,000 · Amtrust Mtg Corp
Dec 21, 2004
$65,000
Cheryl Beam
Hill,pamela A
Grant Deed
$61,750 · Full Spectrum Lending INC
—
—
Caitlin M Butts
—
Deed Of Trust
related
$135,215 · Sunshine Mortgage Corp
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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