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Property profile & analytics
OFF-MARKET
Commercial land
623 Main St Palmetto, GA 30268-1142
Entity Owned
4-yr Hold
Free & Clear
Property ID
US22-0796548
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1945
Total area
556 SF
Lot
0.46 ac (19,994 SF)
Zoning code
C2
APN
07 360100680225
UPID
US22-0796548
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
Green Homes Georgia LLC · 4 yrs held
Green Homes Georgia LLC
since 2021
Last sale
$20,000
7 recorded transactions
Zoning & alternative use
C2 · Palmetto, GA
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 Palmetto submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palmetto 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 2023Property tax & assessments
Tax year 2023
Tax billed
$926
Tax year 2023
Assessed value
$32,800
Assessed 2023
Previous assessed
$32,800
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$32,800
Land market value
$82,000
Total market value
$82,000
Applied tax rate
40.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1945
Heating
NONE
Stories
1
Rooms
4
Bathrooms
1
Total area
556 SF
Lot
0.46 ac (19,994 SF)
Zoning code
C2
APN
07 360100680225
UPID
US22-0796548
Jurisdiction
FULTON
Zoning & alternative use
C2 · Palmetto, GAZoning C2 · permitted uses
C2 · Palmetto, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Amendments
Building & site characteristics
From public records
Year built
1945
Heating
NONE
Stories
1
Rooms
4
Bathrooms
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Green Homes Georgia LLC
Entity
Free & Clear · 4 yrs held
Mailing address
9110 SELBORNE LN STE #210, PALMETTO, GA 30268-2282
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
Nov 11, 2021
$20,000
Green Homes Georgia LLC
Serenbe Ch Properties LLC
Warranty Deed
—
Feb 6, 2014
$217,600
Serenbe Ch Properties LLC
Hill Country Properties LLC
Grant Deed
—
Oct 16, 2007
$66,000
Hill Country Properties LLC
Black,george T & Rebecca G
Warranty Deed
$52,800 · Branch Bk&tr
Oct 5, 2007
$66,000
Hill Country Properties LLC
Black,george T
Grant Deed
$52,800 · Branch Banking & Trust Co
Apr 9, 2007
$100,000
Black,george T & Rebecca G
G & E Love Investment Group INC
Trustees Deed
related
—
Apr 3, 2007
$100,000
George T Black
G E Love Investment Grp In
Grant Deed
—
Jun 15, 2006
$100,000
G & E Love Investment Group INC
Black,george T & Rebecca G
Warranty Deed
—
Jun 15, 2006
—
Black,george T & Rebecca G
Black George T Living Trust
Quit Claim Deed
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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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