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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Turn key restaurants
809 Cedar St Carrollton, GA 30117-2521
Individually Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-4248672
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1940
Construction
STEEL FRAME
Total area
4,684 SF
Lot
2.05 ac (89,298 SF)
Zoning code
C2
APN
C05-012-0006
UPID
US22-4248672
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
-
Venue on Cedar Wedding Service
-
Little Hawaiian Seafood Grill and Tiki Lounge Clothing & Fashion Store
-
Little Hawaiian Restaurant
-
N3 Meals Specialty Food Shop
-
Little Hawaiian Seafood Grill & Bakery27Cedar Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$405k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$749k
Blend (final)
Blend
$575k
Owner & transaction history
Coml Bk Highland · 12 yrs held
Coml Bk Highland
since 2014
7 recorded transactions
Zoning & alternative use
C2 · Carrollton, 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 Carrollton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carrollton 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
$405,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$575k
Range $518k – $633k · ±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
$123 / 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
$13,661
Tax year 2023
Assessed value
$467,999
Assessed 2023
Previous assessed
$403,140
+16.1% YoY
Effective rate
2.92%
On assessed value
Assessed land
$62,200
Assessed improvement
$405,799
Land market value
$155,500
Improvement market value
$1,014,498
Total market value
$1,169,998
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
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1940
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Total area
4,684 SF
Lot
2.05 ac (89,298 SF)
Zoning code
C2
APN
C05-012-0006
UPID
US22-4248672
Jurisdiction
CARROLL
Zoning & alternative use
C2 · Carrollton, GAZoning C2 · permitted uses
C2 · Carrollton, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1940
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Buildings
2
Lot
2.05 ac
Current owner
From public records · entity-resolved
Coml Bk Highland
Individual
Free & Clear · 12 yrs held
Mailing address
145 COOPER RD, CARROLLTON, GA 30116-5837
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 6, 2018
—
Phommasith LLC
—
Deed
related
$1,784,000 · Heritage Bk
Jun 20, 2017
—
Phommasith Llce
—
Deed
related
—
Dec 13, 2016
—
Phommasith LLC
—
Deed
related
$255,000 · Heritage Bank
Feb 19, 2014
$710,000
Coml Bk Highland
Bowdon Antiques LLC
Trustees Deed
related
—
Feb 4, 2014
$710,000
Highland Commercial Bank
Highland Commercial Bank
Grant Deed
related
—
Nov 7, 2008
$689,000
Coml Bk Highland
Pitts,james S
Trustees Deed
related
—
Nov 4, 2008
$689,000
Highland Commercial Bank
Highland Commercial Bank
Grant Deed
related
—
Dec 26, 2006
$591,700
James S Pitts
Mastec North America INC
Grant Deed
—
Dec 22, 2006
$591,659
James S Pitts
Weeks Construction Co
Grant Deed
—
Dec 22, 2006
—
James S Pitts
Weeks Construction Co
Grant Deed
related
—
—
—
James S Pitts
—
Deed Of Trust
related
—
—
—
Bowdon Antiques LLC
—
Deed Of Trust
related
$45,000 · Highland Commercial Bank
—
—
Phommasith Llce
—
Loan Modification
related
—
—
—
Phommasith LLC
—
Loan Modification
related
$1,784,000 · Heritage 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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