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Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Strip malls
777 Athens Rd Lexington, GA 30648-1902
Entity Owned
11-yr Hold
Free & Clear
Property ID
US22-3018453
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2016
Construction
WOOD
Total area
5,600 SF
Lot
2.86 ac (124,582 SF)
Zoning code
OIP
APN
075 019
UPID
US22-3018453
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
-
Trava's Dog Gone Good hotdogs and more Restaurant
-
Golden Panda Restaurant
-
Oak tree plaza Shopping Center & Mall
-
Oak Tree Tobacco and vape (Bike/Boat/Book/etc) Store
-
La Cabana De Don Juan Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$750k
Owner & transaction history
Tjp Development LLC · 11 yrs held
Tjp Development LLC
since 2015
5 recorded transactions
Zoning & alternative use
OIP · Lexington, 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 Lexington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lexington 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$885,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$810,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$750k
Range $675k – $825k · ±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
$134 / 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
$7,132
Tax year 2023
Assessed value
$576,080
Assessed 2023
Effective rate
1.24%
On assessed value
Assessed land
$97,240
Assessed improvement
$478,840
Land market value
$243,100
Improvement market value
$1,197,100
Total market value
$1,440,200
Applied tax rate
1.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2016
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Total area
5,600 SF
Lot
2.86 ac (124,582 SF)
Zoning code
OIP
APN
075 019
UPID
US22-3018453
Jurisdiction
OGLETHORPE
Zoning & alternative use
OIP · Lexington, GAZoning OIP · permitted uses
OIP · Lexington, GA
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
WAREHOUSE, STORAGE
Est. value
$885,000
COMMERCIAL (GENERAL)
Est. value
$810,000
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
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
2016
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Buildings
2
Lot
2.86 ac
Current owner
From public records · entity-resolved
Tjp Development LLC
Entity
Free & Clear · 11 yrs held
Mailing address
120 SALEM CHURCH RD, LEXINGTON, GA 30648-3218
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 13, 2016
—
Tjp Development LLC
—
Deed
related
$250,000 · Commercial Bank
Feb 23, 2015
—
Tjp Development LLC
Tomasz J Pelewski
Warranty Deed
—
Nov 21, 2014
$100,000
Tomasz J Pelewski
Barbara C Goss
Warranty Deed
—
Mar 4, 2011
—
David L Lundebo
Wayne O Lundebo
Gift Deed
related
—
Jun 2, 2009
—
David L Lundebo
Dorothy A Lundebo
Intrafamily Transfer
related
—
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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