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Property profile & analytics
FOR SALE
Retail space
6843 Highway 85 Riverdale, GA 30271
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-3712082
For Sale
1 / 15
$1,000,000
6843 Highway 85, Riverdale, GA 30271
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1980
Total area
5,600 SF
Lot
0.46 ac (19,907 SF)
Zoning code
C
APN
13-151D- B-004
UPID
US22-3712082
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
$600k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$457k
Blend (final)
Blend
$600k
Owner & transaction history
Top Notch Homes LLC · 2 yrs held
Top Notch Homes LLC
since 2024
Last sale
$600,000
6 recorded transactions
Zoning & alternative use
C · Riverdale, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$790,000
+30.8%
Warehouse, storage
$775,000
+28.4%
Medical building
$715,000
+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
$600,000
ML approach
$600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$605,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$790,000
Change: +31% · Conversion: Moderate
WAREHOUSE, STORAGE
$775,000
Change: +28% · Conversion: Difficult
MEDICAL BUILDING
$715,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$600k
Range $540k – $660k · ±10% · vs last sale $600k (May 21 2024)
Last sale anchor
$600k
May 21 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
$107 / 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
$6,259
Tax year 2024
Assessed value
$160,440
Assessed 2024
Previous assessed
$162,400
-1.2% YoY
Effective rate
3.90%
On assessed value
Assessed land
$51,760
Assessed improvement
$108,680
Land market value
$129,400
Improvement market value
$271,700
Total market value
$401,100
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
For Sale
Year built
1980
Heating
NONE
Total area
5,600 SF
Lot
0.46 ac (19,907 SF)
Zoning code
C
APN
13-151D- B-004
UPID
US22-3712082
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
$605,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$790,000
WAREHOUSE, STORAGE
Est. value
$775,000
MEDICAL BUILDING
Est. value
$715,000
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
1980
Heating
NONE
Lot
0.46 ac
Current owner
From public records · entity-resolved
Top Notch Homes LLC
Entity
Mailing address
819 FRASER ST SE, ATLANTA, GA 30315-1507
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 21, 2024
$600,000
Top Notch Homes LLC
Yi Hong Investment LLC
Warranty Deed
$365,000 · First Citizens Bank
Sep 30, 2020
$410,000
Yi Hong Investment LLC
David P Lockridge
Grant Deed
$310,000 · Paul Lockridge
Mar 3, 2005
—
Self,monette
Self,robert
Quit Claim Deed
—
Mar 3, 2005
$425,000
David P Lockridge
Self, Monette
Warranty Deed
$356,334 · First Nation Bk
Feb 10, 2005
—
Davis,shirley M
Davis,tommie L & Terry S
Quit Claim Deed
related
—
—
—
David P Lockridge
—
Deed Of Trust
related
$357,270 · Bank Of North 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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