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Property profile & analytics
OFF-MARKET
Estimated value
$1,905,000
Turn key restaurants
6102 Covington Hwy Decatur, GA 30035-3803
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1075890
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1997
Construction
WOOD FRAME
Total area
1,635 SF
Lot
0.62 ac (27,007 SF)
Zoning code
C1
APN
16 039 04 053
UPID
US22-1075890
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
-
Church's Texas Chicken Restaurant
-
PNC ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.85M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.91M
Owner & transaction history
Rm Land Holdings LLC · 4 yrs held
Rm Land Holdings LLC
since 2022
Last sale
$2.1M
4 recorded transactions
Zoning & alternative use
C1 · Decatur, 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 Decatur submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Decatur 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
$1,680,000
ML approach
$1,850,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.91M
Range $1.71M – $2.10M · ±10% · vs last sale $2.05M (Feb 23 2022)
Last sale anchor
$2.05M
Feb 23 2022
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
$1,165 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$24,013
Tax year 2024
Assessed value
$520,000
Assessed 2024
Previous assessed
$520,000
+0.0% YoY
Effective rate
4.62%
On assessed value
Assessed land
$202,800
Assessed improvement
$317,200
Land market value
$507,000
Improvement market value
$793,000
Total market value
$1,300,000
Applied tax rate
80.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1997
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Stories
1
Bathrooms
2
Total area
1,635 SF
Lot
0.62 ac (27,007 SF)
Zoning code
C1
APN
16 039 04 053
UPID
US22-1075890
Jurisdiction
DE KALB
Zoning & alternative use
C1 · Decatur, GA
Zoning C1 · permitted uses
C1 · Decatur, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Decatur. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.62 ac
Current owner
From public records · entity-resolved
Rm Land Holdings LLC
Entity
Mailing address
1613 CHADBERRY WALK, LAWRENCEVILLE, GA 30043-7125
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2022
$2,050,000
Rm Land Holdings LLC
Fc Enterprises INC
Warranty Deed
$3,550,000 · Piedmont Bank
Aug 27, 2009
$800,000
Fc Enterprises INC
Panola Road Restuarant Cor
Grant Deed
$700,000 · Branch Banking & Trust Co
May 29, 1998
$600,100
Panola Road Restaurant Corp
—
Grant Deed
related
$850,000
—
—
Fc,enterprises INC
—
Deed Of Trust
related
$800,000 · 755 Restaurant Corp
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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