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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Grocery and convenience stores
5224 Columbia Dr Carrollton, GA 30117-8758
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US22-1794815
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1990
Total area
1,800 SF
Lot
1.09 ac (47,480 SF)
Zoning code
M2
APN
C02-043-0028
UPID
US22-1794815
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
-
Columbia Food Mart Gas Station
-
Columbia Citgo Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$615k
CAP Approach
CAP
$445k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$600k
Owner & transaction history
5224 Columbia Drive Prop LLC · 5 yrs held
5224 Columbia Drive Prop LLC
since 2020
Last sale
$590,000
7 recorded transactions
Zoning & alternative use
M2 · Carrollton, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district provides for the manufacturing, assembling, storage, distribution, and sales activities that are generally high intensity. For those industries which may have negative impacts or nuisance factors associated with their use, supplemental standards shall apply within the district
Zone name
Heavy Industry District
General category
INDUSTRIAL
Zone area
1,588.26 ac
Source
Realmo
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 Carrollton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carrollton 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
$600,000
ML approach
$615,000
CAP Approach
CAP Return
Estimation
6%
$480,000
6.5%
$445,000
7%
$415,000
Blend value · Realmo final
$600k
Range $540k – $660k · ±10% · vs last sale $590k (Sep 25 2020)
Last sale anchor
$590k
Sep 25 2020
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
$333 / 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
$4,613
Tax year 2023
Assessed value
$158,030
Assessed 2023
Previous assessed
$120,635
+31.0% YoY
Effective rate
2.92%
On assessed value
Assessed land
$13,080
Assessed improvement
$144,950
Land market value
$32,700
Improvement market value
$362,374
Total market value
$395,074
Applied tax rate
1.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1990
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Total area
1,800 SF
Lot
1.09 ac (47,480 SF)
Zoning code
M2
APN
C02-043-0028
UPID
US22-1794815
Jurisdiction
CARROLL
Zoning & alternative use
M2 · Carrollton, GAZoning M2 · permitted uses
M2 · Carrollton, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district provides for the manufacturing, assembling, storage, distribution, and sales activities that are generally high intensity. For those industries which may have negative impacts or nuisance factors associated with their use, supplemental standards shall apply within the district
Zone name
Heavy Industry District
General category
INDUSTRIAL
Zone area
1,588.26 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1990
Heating
CENTRAL
Cooling
Yes
Buildings
2
Lot
1.09 ac
Current owner
From public records · entity-resolved
5224 Columbia Drive Prop LLC
Entity
Mailing address
5224 COLUMBIA DR, CARROLLTON, GA 30117-8758
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2020
—
5224 Columbia Drive Prop LLC
—
Deed
related
$250,000 · Next Level Petroleum LLC
Nov 5, 2020
$590,000
5224 Columbia Drive Prop LLC
Columbia Property Holdings LLC
Grant Deed
related
$515,000 · Vinings Bk
Apr 17, 2020
—
Columbia Property Holdings LLC
—
Deed
related
$93,000 · Equity Solutions
Dec 2, 2019
—
Columbia Property Holdings LLC
—
Deed
related
$75,000 · Equity Solutions
Oct 10, 2019
$220,000
Columbia Property Holdings LLC
5224 Columbia Drive LLC
Grant Deed
related
$195,000 · 5224 Columbia Drive LLC
—
—
Columbia Property Holdings LLC
—
Deed Of Trust
related
$75,000 · Equity Solutions
—
—
Columbia Property Holdings LLC
—
Loan Modification
related
$93,000 · Equity Solutions
—
—
5224 Columbia Drive Prop LLC
—
Deed Of Trust
related
$250,000 · Next Level Petroleum LLC
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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