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Property profile & analytics
OFF-MARKET
Estimated value
$3,780,000
Retail space
7950 Hwy 29 Palmetto, GA 30268
Entity Owned
3-yr Hold
Free & Clear
Property ID
US22-3654365
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1974
Construction
WOOD
Total area
6,000 SF
Lot
3.6 ac (156,816 SF)
Zoning code
M1
APN
07 300201010203
UPID
US22-3654365
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
$3.71M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.78M
Owner & transaction history
Bunde Properties LLC · 3 yrs held
Bunde Properties LLC
since 2023
Last sale
$3.8M
3 recorded transactions
Zoning & alternative use
M1 · Palmetto, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$4.2M
+202.6%
Restaurant
$3.2M
+134.3%
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 Palmetto submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palmetto 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
$3,820,000
ML approach
$3,705,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$4,160,000
Change: +203% · Conversion: Difficult
RESTAURANT
$3,225,000
Change: +134% · Conversion: Easy
Blend value · Realmo final
$3.78M
Range $3.40M – $4.16M · ±10% · vs last sale $3.80M (Mar 6 2023)
Last sale anchor
$3.80M
Mar 6 2023
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
$630 / 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
$3,085
Tax year 2023
Assessed value
$109,280
Assessed 2023
Previous assessed
$109,280
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$82,560
Assessed improvement
$26,720
Land market value
$206,400
Improvement market value
$66,800
Total market value
$273,200
Applied tax rate
40.0000
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
Off-Market
Year built
1974
Construction
WOOD
Heating
NONE
Stories
1
Total area
6,000 SF
Lot
3.6 ac (156,816 SF)
Zoning code
M1
APN
07 300201010203
UPID
US22-3654365
Jurisdiction
FULTON
Zoning & alternative use
M1 · Palmetto, GA
Zoning M1 · permitted uses
M1 · Palmetto, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palmetto. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.2M
RESTAURANT
Est. value
$3.2M
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
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
1974
Construction
WOOD
Heating
NONE
Stories
1
Lot
3.6 ac
Current owner
From public records · entity-resolved
Bunde Properties LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1100 GRIFFIN HWY, GAY, GA 30218-1326
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 19, 2023
—
Bunde Properties LLC
—
Deed
related
$3,160,000 · Cibc Bank USA
Mar 6, 2023
—
Bunde Properties LLC
Jpc Auto Parts INC
Quit Claim Deed
related
—
Mar 6, 2023
$3,800,000
Bunde Properties LLC
Jpc Auto Parts INC
Limited Warranty Deed
—
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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