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Property profile & analytics
OFF-MARKET
Estimated value
$2,030,000
Drive through restaurants
603 Martin Luther King Jr Dr Cartersville, GA 30121-2907
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1256608
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2019
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,952 SF
Lot
0.94 ac (40,946 SF)
Zoning code
C3
APN
C005-0002-005
UPID
US22-1256608
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
$2.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.69M
Blend (final)
Blend
$2.03M
Owner & transaction history
Virginia S Gleaton · 1 yrs held
Virginia S Gleaton
since 2025
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
C3 · Cartersville, 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 Cartersville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cartersville 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
$1,950,000
ML approach
$2,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.03M
Range $1.83M – $2.23M · ±10% · vs last sale $2.25M (Apr 25 2025)
Last sale anchor
$2.25M
Apr 25 2025
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
$688 / 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
$12,186
Tax year 2023
Assessed value
$602,531
Assessed 2023
Previous assessed
$602,531
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$300,000
Assessed improvement
$302,531
Land market value
$750,000
Improvement market value
$756,328
Total market value
$1,506,328
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2019
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
RADIANT
Cooling
OTHER
Stories
1
Bathrooms
1
Total area
2,952 SF
Lot
0.94 ac (40,946 SF)
Zoning code
C3
APN
C005-0002-005
UPID
US22-1256608
Jurisdiction
BARTOW
Zoning & alternative use
C3 · Cartersville, GA
Zoning C3 · permitted uses
C3 · Cartersville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cartersville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2019
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
RADIANT
Cooling
Yes
Stories
1
Bathrooms
1
Lot
0.94 ac
Current owner
From public records · entity-resolved
Virginia S Gleaton
Individual
Free & Clear · 1 yrs held
Mailing address
1101 1ST ST UNIT #206, CORONADO, CA 92118-1473
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Apr 25, 2025
$2,250,000
Virginia S Gleaton
Hostler Chinyeh Rose Trust
Warranty Deed
—
Oct 4, 2019
—
City Of Cartersville
Plk Cartersville LLC
Quit Claim Deed
related
—
Oct 2, 2019
$2,481,200
Hostler,chinyeh R Trust
Plk Cartersville LLC
Grant Deed
—
Nov 21, 2018
$765,000
Plk Cartersville LLC
Cordoba Property Group LLC
Grant Deed
$1,557,000 · Valley Nat'l Bk
Nov 21, 2018
—
Plk Carterville LLC
Cordoba Property Group LLC
Quit Claim Deed
related
—
Apr 3, 2014
—
Cordoba Property Group LLC
Willmot Mary
Quit Claim Deed
related
$920,000 · Branch Bk&tr
Apr 3, 2014
$186,600
Cordoba Property Group LLC
Willmot Mary
Grant Deed
—
Apr 3, 2014
$62,200
Cordoba Property Group LLC
Willmot Riley L JR
Grant Deed
—
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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