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Property profile & analytics
OFF-MARKET
Auto shops
656 Martin Luther King Jr Blvd 666 Macon, GA 31201-3272
Entity Owned
2-yr Hold
Free & Clear
Property ID
US22-2113447
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,375 SF
Lot
0.41 ac (17,860 SF)
Zoning code
CBD-2
APN
R081-0062
UPID
US22-2113447
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
1031 Equity Broadway Tic LLC · 2 yrs held
1031 Equity Broadway Tic LLC
since 2023
Last sale
$93,000
7 recorded transactions
Zoning & alternative use
CBD-2 · Macon, 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 Macon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Macon 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
$5,950
Tax year 2023
Assessed value
$171,848
Assessed 2023
Previous assessed
$171,848
+0.0% YoY
Effective rate
3.46%
On assessed value
Assessed land
$141,440
Assessed improvement
$30,408
Land market value
$353,600
Improvement market value
$76,021
Total market value
$429,621
Applied tax rate
12.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Total area
2,375 SF
Lot
0.41 ac (17,860 SF)
Zoning code
CBD-2
APN
R081-0062
UPID
US22-2113447
Jurisdiction
BIBB
Zoning & alternative use
CBD-2 · Macon, GA
Zoning CBD-2 · permitted uses
CBD-2 · Macon, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Macon. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Lot
0.41 ac
Current owner
From public records · entity-resolved
1031 Equity Broadway Tic LLC
Entity
Free & Clear · 2 yrs held
Mailing address
790 MARIETTA ST NW, ATLANTA, GA 30318-5702
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 4, 2023
$93,000
1031 Equity Broadway Tic LLC
Small Broadway Tic LLC
Limited Warranty Deed
—
Dec 4, 2023
$503,000
1031 Equity Broadway Tic LLC
Co Invest Broadway Tic LLC
Limited Warranty Deed
—
Dec 10, 2021
$10,750,000
Coro Broadway Tic LLC
Broadway Property Investors LLC
Limited Warranty Deed
$93,981,000 · Prime Finance Short Duration Holdin
Sep 30, 2013
—
Mla Developers LLC
Broadway Lofts LLC
Quit Claim Deed
related
—
Sep 30, 2013
$209,500
Mla Developers LLC
Broadway Lofts LLC
Warranty Deed
—
Sep 30, 2013
$50,000
Mla Developers LLC
Broadway Lofts LLC
Warranty Deed
—
Sep 23, 2013
$50,000
Mla Developers LLC
Broadway Lofts LLC
Grant Deed
—
Sep 23, 2013
$209,500
Mla Developers LLC
Lofts Broadway LLC
Grant Deed
—
Sep 4, 2012
$209,500
Broadway Lofts LLC
Kennington,renee D
Warranty Deed
—
Aug 30, 2012
$209,500
Broadway Lofts LLC
Kennington,renee D
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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