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Property profile & analytics
OFF-MARKET
Estimated value
$2,320,000
Grocery and convenience stores
647 Hwy 53 Calhoun, GA 30701
Entity Owned
12-yr Hold
Free & Clear
Property ID
US22-0400614
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2015
Total area
17,860 SF
Lot
3.5 ac (152,460 SF)
Zoning code
C-2
APN
C72 - -010
UPID
US22-0400614
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
-
ALDI Specialty Food Shop Supermarket
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.55M
Blend (final)
Blend
$2.32M
Owner & transaction history
Db Real Estate Assets I LLC · 12 yrs held
Db Real Estate Assets I LLC
since 2014
5 recorded transactions
Zoning & alternative use
C-2 · Calhoun, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of this zone is to promote General Business District
Zone name
General Business District
General category
COMMERCIAL
Zone area
1,715.85 ac
Source
Realmo
Top alternative use upside
Office building
$2.1M
+13.2%
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 Calhoun submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Calhoun 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,825,000
Current use
OFFICE BUILDING
$2,065,000
Change: +13% · Conversion: Easy
Blend value · Realmo final
$2.32M
Range $2.09M – $2.55M · ±10%
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
$130 / 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
$22,837
Tax year 2023
Assessed value
$812,280
Assessed 2023
Previous assessed
$817,600
-0.7% YoY
Effective rate
2.81%
On assessed value
Assessed land
$299,000
Assessed improvement
$513,280
Land market value
$747,500
Improvement market value
$1,283,200
Total market value
$2,030,700
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2015
Heating
NONE
Total area
17,860 SF
Lot
3.5 ac (152,460 SF)
Zoning code
C-2
APN
C72 - -010
UPID
US22-0400614
Jurisdiction
GORDON
Zoning & alternative use
C-2 · Calhoun, GAZoning C-2 · permitted uses
C-2 · Calhoun, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of this zone is to promote General Business District
Zone name
General Business District
General category
COMMERCIAL
Zone area
1,715.85 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.8M
OFFICE BUILDING
Est. value
$2.1M
RETAIL STORES Current
OFFICE 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
2015
Heating
NONE
Lot
3.5 ac
Current owner
From public records · entity-resolved
Db Real Estate Assets I LLC
Entity
Free & Clear · 12 yrs held
Mailing address
PO BOX 460049, HOUSTON, TX 77056-8049
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 28, 2014
$423,000
Db Real Estate Assets I LLC
Century Bk Of Ga
Grant Deed
related
—
Dec 20, 2013
$1,187,500
Mountainprize INC
Century Bk Of Ga
Grant Deed
—
Jul 9, 2009
$3,000,000
Century Bk Of Ga
Hacias Holdings LLC
Trustees Deed
related
—
Apr 9, 2007
$2,523,700
Hacias Holdings LLC
Lpi Calhoun INC
Grant Deed
related
—
—
—
Hacias Holdings LLC
—
Deed Of Trust
related
$310,747 · Century Bank Of Georgia
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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