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Property profile & analytics
OFF-MARKET
Estimated value
$2,300,000
Motels
676 Expy Expressway Griffin, GA 30223-2053
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-1150538
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2006
Construction
CONCRETE
Total area
18,592 SF
Lot
0.95 ac (41,382 SF)
Zoning code
PCD
APN
061 -11-001
UPID
US22-1150538
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
$2.30M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.30M
Owner & transaction history
Ambajihotel09 LLC · 2 yrs held
Ambajihotel09 LLC
since 2024
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
PCD · Griffin, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
It shall be the intent of this zoning district to promote and encourage the clustering of commercial uses which occur along arterial thoroughfares; to promote and encourage the infill of commercial uses between existing commercial uses along arterial thoroughfares; to limit the number of access points from PCD to an arterial thoroughfare; to limit commercial…
Zone name
Planned Commercial District
General category
COMMERCIAL
Zone area
1,146.95 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 Griffin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Griffin 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
$2,300,000
ML approach
$2,300,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,610,000
Change: 0% · Conversion: Difficult
RESTAURANT
$2,325,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$2,275,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,875,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$1,760,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$1,605,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$2.30M
Range $2.07M – $2.53M · ±10% · vs last sale $2.30M (Apr 1 2024)
Last sale anchor
$2.30M
Apr 1 2024
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
$124 / 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
$20,140
Tax year 2023
Assessed value
$638,791
Assessed 2023
Previous assessed
$638,791
+0.0% YoY
Effective rate
3.15%
On assessed value
Assessed land
$165,528
Assessed improvement
$473,263
Land market value
$413,820
Improvement market value
$1,183,158
Total market value
$1,596,978
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
2006
Construction
CONCRETE
Heating
YES
Cooling
YES
Total area
18,592 SF
Lot
0.95 ac (41,382 SF)
Zoning code
PCD
APN
061 -11-001
UPID
US22-1150538
Jurisdiction
SPALDING
Zoning & alternative use
PCD · Griffin, GAZoning PCD · permitted uses
PCD · Griffin, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
It shall be the intent of this zoning district to promote and encourage the clustering of commercial uses which occur along arterial thoroughfares; to promote and encourage the infill of commercial uses between existing commercial uses along arterial thoroughfares; to limit the number of access points from PCD to an arterial thoroughfare; to limit commercial development which occurs outside the CBD to areas on an arterial thoroughfare adjacent to existing commercial development
Zone name
Planned Commercial District
General category
COMMERCIAL
Zone area
1,146.95 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$2.6M
RESTAURANT
Est. value
$2.3M
OFFICE BUILDING
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$1.8M
RETAIL STORES
Est. value
$1.6M
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
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
2006
Construction
CONCRETE
Heating
YES
Cooling
Yes
Lot
0.95 ac
Current owner
From public records · entity-resolved
Ambajihotel09 LLC
Entity
Mailing address
676 N EXPY EXPRESSWAY, GRIFFIN, GA 30223-2053
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2024
$2,300,000
Ambajihotel09 LLC
Griffin Hotel LLC
Warranty Deed
—
Nov 7, 2018
—
Griffin Hotel LLC
—
Trustees Deed
related
$400,000 · Millenium Inv Grp
Oct 9, 2014
$473,000
Griffin Hotel LLC
Jones,william B
Grant Deed
$473,000 · Miscellaneous Ins Co
Oct 9, 2014
$1,500,000
William B Jones
Hsb Properties 1 LLC
Grant Deed
—
Apr 15, 2014
$1,600,000
Hsb Properties I LLC
Deep & Urmila INC
Trustees Deed
—
Apr 1, 2014
$1,600,000
Hsb Properties I LLC
Hamilton State Bank
Grant Deed
—
—
—
Griffin Hotel LLC
—
Deed Of Trust
related
$700,000 · Millenium Inv Grp
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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