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Property profile & analytics
OFF-MARKET
Estimated value
$950,000
Retail space
6407 Hwy 85 Riverdale, GA 30274-2024
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1764134
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1996
Total area
7,698 SF
Lot
1.04 ac (45,172 SF)
Zoning code
C
APN
13-138B- A-004
UPID
US22-1764134
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
$1.02M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$910k
Blend (final)
Blend
$950k
Owner & transaction history
Acrolet Afro Carib Market LLC · 2 yrs held
Acrolet Afro Carib Market LLC
since 2023
Last sale
$900,000
3 recorded transactions
Zoning & alternative use
C · Riverdale, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.1M
+30.8%
Warehouse, storage
$1.1M
+28.4%
Medical building
$985,000
+18.3%
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 Riverdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riverdale 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
$1,030,000
ML approach
$1,015,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$830,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,085,000
Change: +31% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,065,000
Change: +28% · Conversion: Difficult
MEDICAL BUILDING
$985,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±10% · vs last sale $900k (Oct 18 2023)
Last sale anchor
$900k
Oct 18 2023
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
$123 / 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
$12,474
Tax year 2024
Assessed value
$319,760
Assessed 2024
Previous assessed
$54,200
+490.0% YoY
Effective rate
3.90%
On assessed value
Assessed land
$54,200
Assessed improvement
$265,560
Land market value
$135,500
Improvement market value
$663,900
Total market value
$799,400
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
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1996
Heating
NONE
Total area
7,698 SF
Lot
1.04 ac (45,172 SF)
Zoning code
C
APN
13-138B- A-004
UPID
US22-1764134
Jurisdiction
CLAYTON
Zoning & alternative use
C · Riverdale, GA
Zoning C · permitted uses
C · Riverdale, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Riverdale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$830,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$985,000
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1996
Heating
NONE
Lot
1.04 ac
Current owner
From public records · entity-resolved
Acrolet Afro Carib Market LLC
Entity
Free & Clear · 2 yrs held
Mailing address
2597 MISTY ROSE LN, LOGANVILLE, GA 30052-5014
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 18, 2023
$900,000
Acrolet Afro Carib Market LLC
Salgo Family Partnership LP
Warranty Deed
—
Jul 14, 2014
$1,365,000
Salgo Family Partners LP
Gp Riverdale Ga Landlord LLC
Grant Deed
$905,000 · Fsg Bank
Feb 27, 2014
$1,014,700
Gp Riverdale Ga Landlord LLC
Zsf Of Gpc 2 Trust
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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