New search
Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Auto shops
513 Tommy Lee Cook Rd Palmetto, GA 30268-1429
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US22-2936330
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1972
Construction
WOOD FRAME
Total area
5,000 SF
Lot
1.71 ac (74,488 SF)
Zoning code
R1
APN
117A 108C
UPID
US22-2936330
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
-
Elite Tech LLC Auto Repair Shop
-
Wl Walker Roll Off Waste Management Facility Hazardous Waste Disposal
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$490k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$614k
Blend (final)
Blend
$595k
Owner & transaction history
Jw Smith Properties LLC · 1 yrs held
Jw Smith Properties LLC
since 2024
Last sale
$600,000
7 recorded transactions
Zoning & alternative use
R1 · Palmetto, 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 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
$570,000
ML approach
$490,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$885,000
Current use
COMMERCIAL (GENERAL)
$880,000
Change: 0% · Conversion: Moderate
Blend value · Realmo final
$595k
Range $536k – $655k · ±10% · vs last sale $600k (Aug 12 2024)
Last sale anchor
$600k
Aug 12 2024
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
$119 / 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
$4,394
Tax year 2023
Assessed value
$218,613
Assessed 2023
Previous assessed
$218,613
+0.0% YoY
Effective rate
2.01%
On assessed value
Assessed land
$59,850
Assessed improvement
$158,763
Land market value
$149,625
Improvement market value
$396,908
Total market value
$546,533
Applied tax rate
6.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1972
Construction
WOOD FRAME
Heating
NONE
Stories
1
Total area
5,000 SF
Lot
1.71 ac (74,488 SF)
Zoning code
R1
APN
117A 108C
UPID
US22-2936330
Jurisdiction
COWETA
Zoning & alternative use
R1 · Palmetto, GA
Zoning R1 · permitted uses
R1 · Palmetto, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palmetto. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$885,000
COMMERCIAL (GENERAL)
Est. value
$880,000
AUTO REPAIR, GARAGE 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
1972
Construction
WOOD FRAME
Heating
NONE
Stories
1
Lot
1.71 ac
Current owner
From public records · entity-resolved
Jw Smith Properties LLC
Entity
Mailing address
610 BOHANNON RD, FAIRBURN, GA 30213-2898
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
Nov 12, 2024
$600,000
Jw Smith Properties LLC
1st Victoria Properties INC
Warranty Deed
$480,000 · First Peoples Bank
Sep 21, 2022
—
First Victoria Properties INC
—
Deed
related
$450,000 · First Peoples Bank
Apr 11, 2022
—
First Victoria Properties INC
Harold Odell Walker
Warranty Deed
—
Apr 11, 2022
$610,000
Harold Odell Walker
Elite Tech LLC
Warranty Deed
—
Apr 3, 2019
$300,000
Elite Tech LLC
Southern Land LLC
Grant Deed
$180,000 · Synovus Bk
Mar 21, 2019
$149,900
Rtu Ventures LLC
Southern Land LLC
Grant Deed
—
Oct 23, 2018
—
Southern Land LLC
Wainscott,joseph
Grant Deed
related
—
Jul 12, 2018
$170,000
Joseph Wainscott
Harmon Margaret W
Grant Deed
$170,000 · William Schulz
Jul 12, 2018
—
Southern Land Co LLC
Wainscott,joseph
Grant Deed
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 513 Tommy Lee Cook Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
