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Property profile & analytics
OFF-MARKET
Estimated value
$1,680,000
Retail space
54 Foster St Manchester, GA 31816-1774
Entity Owned
5-yr Hold
Free & Clear
Property ID
US22-1515239
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2021
Total area
9,360 SF
Lot
2.25 ac (98,010 SF)
Zoning code
1
APN
MA17- -121
UPID
US22-1515239
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
-
Dollar General Discount Store
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.71M
CAP Approach
CAP
$2.03M
Comparable Approach
Comparable
$1.31M
Blend (final)
Blend
$1.68M
Owner & transaction history
Aleps Realty INC · 5 yrs held
Aleps Realty INC
since 2021
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
1 · Manchester, 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 Manchester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manchester 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
$1,650,000
ML approach
$1,705,000
CAP Approach
CAP Return
Estimation
6%
$2,195,000
6.5%
$2,025,000
7%
$1,880,000
Blend value · Realmo final
$1.68M
Range $1.51M – $1.85M · ±10% · vs last sale $1.68M (Jun 22 2021)
Last sale anchor
$1.68M
Jun 22 2021
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
$179 / 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
$15,617
Tax year 2023
Assessed value
$322,360
Assessed 2023
Previous assessed
$322,360
+0.0% YoY
Effective rate
4.84%
On assessed value
Assessed land
$58,480
Assessed improvement
$263,880
Land market value
$146,200
Improvement market value
$659,700
Total market value
$805,900
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2021
Heating
NONE
Total area
9,360 SF
Lot
2.25 ac (98,010 SF)
Zoning code
1
APN
MA17- -121
UPID
US22-1515239
Jurisdiction
MERIWETHER
Zoning & alternative use
1 · Manchester, GA
Zoning 1 · permitted uses
1 · Manchester, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Manchester. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2021
Heating
NONE
Lot
2.25 ac
Current owner
From public records · entity-resolved
Aleps Realty INC
Entity
Free & Clear · 5 yrs held
Mailing address
5933 RAVENSWOOD RDA, FORT LAUDERDALE, FL 33312-6659
Ownership since
2021
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
Jun 22, 2021
$1,678,769
Aleps Realty INC
Teramore Development LLC
Warranty Deed
—
Feb 24, 2021
—
Teramore Dev LLC
Development Authority Of The City
Quit Claim Deed
related
$1,043,394 · Thomasville Nat'l Bk
Feb 24, 2021
$150,000
Teremore Dev LLC
Talbot Trading Co LLC
Warranty Deed
—
Feb 19, 2021
—
Teramore Dev LLC
City Of Manchester
Quit Claim Deed
related
—
Sep 1, 2016
—
Talbot Trading Co LLC
—
Deed
related
$155,873 · First Peoples Bk
Nov 2, 2010
—
Talbot Trading Co LLC
Hardaway,william L
Grant Deed
related
—
Jul 18, 2008
$180,000
William L Hardaway
Wilson,dennis R
Grant Deed
—
—
—
Talbot Trading Co LLC
—
Loan Modification
related
$155,873 · First Peoples Bk
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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