Back to Search
Property profile & analytics
OFF-MARKET
Individual retail properties
648 Ellington Ave Thomson, GA 30824
Individually Owned
Absentee Owner
Free & Clear
Property ID
US22-2688350
Property profile
Verified
Property type
Individual retail properties
Use group
BARBER, HAIR SALON
Year built
1974
Construction
WOOD FRAME
Total area
997 SF
Lot
0.25 ac (10,890 SF)
Zoning code
R-1B
APN
0T210 00000 001 000
UPID
US22-2688350
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
JOHN W GRIFFIN
JOHN W GRIFFIN
Zoning & alternative use
R-1B · Thomson, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The R-1B single family residence district is a high density, single family residential district established to protect property in the district from the depreciating effects of incompatible land uses
Zone name
High Density Single Family
General category
RESIDENTIAL
Zone area
276.34 ac
Source
Realmo
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 Thomson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Thomson 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
$839
Tax year 2023
Assessed value
$20,510
Assessed 2023
Previous assessed
$20,510
+0.0% YoY
Effective rate
4.09%
On assessed value
Assessed land
$3,269
Assessed improvement
$17,241
Land market value
$8,173
Improvement market value
$43,103
Total market value
$51,276
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
Individual retail properties
Use group
BARBER, HAIR SALON
Status
Off-Market
Year built
1974
Construction
WOOD FRAME
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
997 SF
Lot
0.25 ac (10,890 SF)
Zoning code
R-1B
APN
0T210 00000 001 000
UPID
US22-2688350
Jurisdiction
MCDUFFIE
Zoning & alternative use
R-1B · Thomson, GAZoning R-1B · permitted uses
R-1B · Thomson, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The R-1B single family residence district is a high density, single family residential district established to protect property in the district from the depreciating effects of incompatible land uses
Zone name
High Density Single Family
General category
RESIDENTIAL
Zone area
276.34 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1974
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.25 ac
Current owner
From public records · entity-resolved
JOHN W GRIFFIN
Individual
Free & Clear · 0 yrs held
Mailing address
1450 SALEM RD, THOMSON, GA 30824-8566
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 648 Ellington Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
