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Property profile & analytics
OFF-MARKET
Estimated value
$1,395,000
Grocery and convenience stores
701 Edge Rd Villa Rica, GA 30180-2812
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US22-1824896
Property summary
AI-generated overview
This exceptional 1,800 square foot warehouse space is available for lease in Villa Rica, Georgia. Located at 701 Edge Rd, 30180, this single-tenant property sits on 1.5 acres of land and is part of a larger 4,800 square foot building. The warehouse was originally constructed in 2000 and underwent a complete renovation in 2022, ensuring modern amenities and functionality. The property is zoned for commercial use, making it suitable for a variety of businesses. Its convenient location offers easy highway access, providing excellent accessibility for both employees and customers. The versatile space is ideal for retail, industrial, or restaurant uses. The property's size and location make it an attractive option for businesses seeking a well-maintained, readily accessible warehouse in the thriving Villa Rica submarket. The building's recent renovation ensures modern infrastructure and a clean, updated space ready for immediate occupancy. Interested parties should inquire about lease terms and availability. This prime location in Villa Rica offers a unique opportunity for businesses seeking a functional and conveniently located warehouse space.
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2004
Construction
WOOD FRAME
Total area
5,548 SF
Lot
1.71 ac (74,488 SF)
APN
0143-02-5- -00071
UPID
US22-1824896
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
Current use
Occupant on record · Public records
-
Chevron Auto Repair Shop
-
LibertyX Bitcoin ATM Atm
-
AMERIMEX TAQUERIA Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.41M
CAP Approach
CAP
$1.37M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.40M
Owner & transaction history
Jai Vinaayak INC · 14 yrs held
Jai Vinaayak INC
since 2012
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.1M
+225.6%
Commercial (general)
$1.2M
+94.2%
Medical building
$1.2M
+79.3%
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 Villa Rica submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Villa Rica 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
$1,320,000
ML approach
$1,405,000
CAP Approach
CAP Return
Estimation
6%
$1,485,000
6.5%
$1,370,000
7%
$1,275,000
Alternative Use
Use
Estimation
RESTAURANT
$2,090,000
Change: +226% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,245,000
Change: +94% · Conversion: Easy
MEDICAL BUILDING
$1,150,000
Change: +79% · Conversion: Difficult
OFFICE BUILDING
$1,070,000
Change: +67% · Conversion: Moderate
Blend value · Realmo final
$1.40M
Range $1.26M – $1.53M · ±10% · vs last sale $1.40M (Sep 25 2020)
Last sale anchor
$1.40M
Sep 25 2020
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
$251 / 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
$19,357
Tax year 2023
Assessed value
$514,480
Assessed 2023
Previous assessed
$514,480
+0.0% YoY
Effective rate
3.76%
On assessed value
Assessed land
$128,520
Assessed improvement
$385,960
Land market value
$321,300
Improvement market value
$964,900
Total market value
$1,286,200
Applied tax rate
4.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2004
Construction
WOOD FRAME
Heating
NONE
Buildings
2
Stories
1
Total area
5,548 SF
Lot
1.71 ac (74,488 SF)
APN
0143-02-5- -00071
UPID
US22-1824896
Jurisdiction
DOUGLAS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.1M
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
OFFICE 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
2004
Construction
WOOD FRAME
Heating
NONE
Stories
1
Buildings
2
Lot
1.71 ac
Current owner
From public records · entity-resolved
Jai Vinaayak INC
Entity
Mailing address
701 EDGE RD, VILLA RICA, GA 30180-2812
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
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
Sep 30, 2020
—
F & B Edge Road LLC
—
Deed
$1,148,000 · Promiseone Bk
Oct 2, 2017
—
Jai Vinaayak INC
—
Deed
related
$3,960,000 · Metro Cty Bk
Jul 12, 2012
$1,051,000
Jai Vinaayak INC
Shop Rica LLC
Grant Deed
$971,000 · Shop Rica LLC
Mar 4, 2004
—
Shop Rica LLC
Long Valley INC
Grant Deed
related
—
—
—
F & B Edge Road LLC
—
Deed Of Trust
$1,148,000 · Promiseone Bk
—
—
Jai Vinaayak INC
—
Deed Of Trust
related
$881,500 · Highland Commercial Bank
—
—
Jai Vinaayak INC
—
Deed Of Trust
related
$3,960,000 · Metro Cty Bk
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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