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Property profile & analytics
FOR SALE
Individual retail properties
6003 Main St, Lula, GA 30554
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0828501
For Sale
1 / 2
$375,900
6003 Main St, Lula, GA 30554
View Listing →
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
1998
Construction
STEEL FRAME
Total area
1,456 SF
Lot
0.11 ac (4,792 SF)
Zoning code
G-B
APN
09-071 -009-008
UPID
US22-0828501
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
Eric Clouse · 5 yrs held
Eric Clouse
since 2021
Last sale
$160,000
3 recorded transactions
Zoning & alternative use
G-B · Lula, 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 Lula submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lula 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 2024Property tax & assessments
Tax year 2024
Tax billed
$1,940
Tax year 2024
Assessed value
$77,320
Assessed 2024
Previous assessed
$77,320
+0.0% YoY
Effective rate
2.51%
On assessed value
Assessed land
$7,200
Assessed improvement
$70,120
Land market value
$18,000
Improvement market value
$175,300
Total market value
$193,300
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
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
For Sale
Year built
1998
Construction
STEEL FRAME
Heating
YES
Cooling
CENTRAL
Rooms
45
Bathrooms
1
Total area
1,456 SF
Lot
0.11 ac (4,792 SF)
Zoning code
G-B
APN
09-071 -009-008
UPID
US22-0828501
Jurisdiction
HALL
Zoning & alternative use
G-B · Lula, GA
Zoning G-B · permitted uses
G-B · Lula, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lula. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Rooms
45
Bathrooms
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Eric Clouse
Individual
Mailing address
5665 HENSLEY RD, LULA, GA 30554-3251
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2021
$160,000
Eric Clouse
Daniel Glenn
Warranty Deed
$128,000 · South State Bank
Jun 2, 2021
—
Eric Clouse
Eric Clouse
Warranty Deed
related
—
Jan 8, 2019
$120,800
Daniel Glenn
Dianne Saxon
Warranty Deed
$102,000 · South State Bank
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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