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Property profile & analytics
FOR SALE
Turn key restaurants
612 S 3Rd Ave Chatsworth, GA 30705
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1396924
For Sale
1 / 10
$595,000
612 S 3Rd Ave, Chatsworth, GA 30705
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2004
Total area
1,851 SF
Lot
0.7 ac (30,492 SF)
Zoning code
CH
APN
0067A 005
UPID
US22-1396924
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
-
Huddle House Restaurant
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
Spica Properties LLC · 2 yrs held
Spica Properties LLC
since 2023
Last sale
$423,000
4 recorded transactions
Zoning & alternative use
CH · Chatsworth, 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 Chatsworth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chatsworth 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
$2,274
Tax year 2024
Assessed value
$96,680
Assessed 2024
Previous assessed
$112,720
-14.2% YoY
Effective rate
2.35%
On assessed value
Assessed land
$36,560
Assessed improvement
$60,120
Land market value
$91,400
Improvement market value
$150,300
Total market value
$241,700
Applied tax rate
2.0000
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
For Sale
Year built
2004
Heating
CENTRAL
Cooling
CENTRAL
Total area
1,851 SF
Lot
0.7 ac (30,492 SF)
Zoning code
CH
APN
0067A 005
UPID
US22-1396924
Jurisdiction
MURRAY
Zoning & alternative use
CH · Chatsworth, GAZoning CH · permitted uses
CH · Chatsworth, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2004
Heating
CENTRAL
Cooling
Yes
Lot
0.7 ac
Current owner
From public records · entity-resolved
Spica Properties LLC
Entity
Mailing address
8065 S CAVENDISH PL, SUWANEE, GA 30024-1572
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Nov 1, 2023
$423,000
Spica Properties LLC
Remora Partners One LLC
Warranty Deed
$317,250 · Embassy National Bank
Nov 1, 2023
—
Remora Partners One LLC
Sbc II Reo LLC
Quit Claim Deed
related
—
Jul 22, 2019
$191,137
Remora Partners One LLC
Credit Invs Summitbridge II
Grant Deed
—
Jan 5, 2015
—
Sbc II Reo LLC
Tim C Thomas INC
Deed In Lieu Of Foreclosure
related
—
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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