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Property profile & analytics
OFF-MARKET
Estimated value
$3,325,000
Commercial real estate
7001 Lk Park Bellville Rd Lake Park, GA 31636-4027
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US22-3187881
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1995
Construction
CONCRETE
Total area
19,648 SF
Lot
18.78 ac (818,057 SF)
Zoning code
C-H
APN
0229-011
UPID
US22-3187881
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
$2.50M
Comparable Approach
Comparable
$4.21M
Blend (final)
Blend
$3.33M
Owner & transaction history
Rjc LLC · 9 yrs held
Rjc LLC
since 2017
1 recorded transaction
Zoning & alternative use
C-H · Lake Park, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
C-H Highway Commercial: The purpose of this district is to provide for an d encourage the proper grouping and development of highway-oriented uses which include a wide variety of sales and ser vices that will best accommodate the needs of the city and t he traveling public in order to reduce highway traffic congestion, traffic hazards or bli ght. To be consi…
Zone name
Highway Commercial
General category
COMMERCIAL
Zone area
14.96 ac
Source
Zoning Ordinance
Top alternative use upside
Restaurant
$5.3M
+107.9%
Auto repair, garage
$3.8M
+48.8%
Medical building
$3.3M
+30.0%
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 Lake Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Park 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%
$2,700,000
6.5%
$2,495,000
7%
$2,315,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,570,000
Current use
RESTAURANT
$5,340,000
Change: +108% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,820,000
Change: +49% · Conversion: Difficult
MEDICAL BUILDING
$3,340,000
Change: +30% · Conversion: Easy
RETAIL STORES
$2,565,000
Change: 0% · Conversion: Easy
WAREHOUSE, STORAGE
$2,455,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$3.33M
Range $2.99M – $3.66M · ±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
$169 / 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
$33,194
Tax year 2023
Assessed value
$1,287,676
Assessed 2023
Previous assessed
$1,287,676
+0.0% YoY
Effective rate
2.58%
On assessed value
Assessed land
$539,580
Assessed improvement
$748,096
Land market value
$1,348,950
Improvement market value
$1,870,240
Total market value
$3,219,190
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
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1995
Construction
CONCRETE
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
19,648 SF
Lot
18.78 ac (818,057 SF)
Zoning code
C-H
APN
0229-011
UPID
US22-3187881
Jurisdiction
LOWNDES
Zoning & alternative use
C-H · Lake Park, GAZoning C-H · permitted uses
C-H · Lake Park, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
C-H Highway Commercial: The purpose of this district is to provide for an d encourage the proper grouping and development of highway-oriented uses which include a wide variety of sales and ser vices that will best accommodate the needs of the city and t he traveling public in order to reduce highway traffic congestion, traffic hazards or bli ght. To be considered for this district, properties must be located on major arterial roadways as delineated in the City of Lake Park Thoroughfare Plan.
Zone name
Highway Commercial
General category
COMMERCIAL
Zone area
14.96 ac
Source
Zoning Ordinance
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.6M
RESTAURANT
Est. value
$5.3M
AUTO REPAIR, GARAGE
Est. value
$3.8M
MEDICAL BUILDING
Est. value
$3.3M
RETAIL STORES
Est. value
$2.6M
WAREHOUSE, STORAGE
Est. value
$2.5M
COMMERCIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
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
1995
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
18.78 ac
Current owner
From public records · entity-resolved
Rjc LLC
Entity
Mailing address
PO BOX 54470, LEXINGTON, KY 40555-4470
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 22, 2017
—
Rjc LLC
—
Deed
related
$19,200,000 · Bank Of America NA
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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