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Property profile & analytics
OFF-MARKET
Estimated value
$1,150,000
Grocery and convenience stores
8109 Washington SW St Covington, GA 30014-3409
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US22-1631859
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1997
Construction
LIGHT FRAME
Total area
7,560 SF
Lot
1.45 ac (63,162 SF)
Zoning code
C1
APN
C0630-00000-008-000
UPID
US22-1631859
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
by Request
Comparable Approach
Comparable
$1.55M
Blend (final)
Blend
$1.15M
Owner & transaction history
Buford Dam Ventures LLC · 5 yrs held
Buford Dam Ventures LLC
since 2021
6 recorded transactions
Zoning & alternative use
C1 · Covington, 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 Covington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Covington 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
COMMERCIAL (GENERAL)
$1,020,000
Change: 0% · Conversion: Easy
RESTAURANT
$995,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$875,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$825,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$1.15M
Range $1.04M – $1.27M · ±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
$152 / 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
$15,299
Tax year 2023
Assessed value
$470,760
Assessed 2023
Previous assessed
$470,760
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$120,000
Assessed improvement
$350,760
Land market value
$300,000
Improvement market value
$876,900
Total market value
$1,176,900
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
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
1997
Construction
LIGHT FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
3
Total area
7,560 SF
Lot
1.45 ac (63,162 SF)
Zoning code
C1
APN
C0630-00000-008-000
UPID
US22-1631859
Jurisdiction
NEWTON
Zoning & alternative use
C1 · Covington, GA
Zoning C1 · permitted uses
C1 · Covington, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Covington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.0M
RESTAURANT
Est. value
$995,000
AUTO REPAIR, GARAGE
Est. value
$875,000
MEDICAL BUILDING
Est. value
$825,000
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL 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
1997
Construction
LIGHT FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
3
Lot
1.45 ac
Current owner
From public records · entity-resolved
Buford Dam Ventures LLC
Entity
Mailing address
2335 SUGARLOAF CLB DR, DULUTH, GA 30097-7404
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 5, 2021
—
Buford Dam Ventures LLC
4 Stars Investment LLC
Warranty Deed
—
Jun 3, 2016
$757,500
4 Stars Investment LLC
Premier Petroleum INC
Grant Deed
$614,311 · Pinnacle Bk
May 29, 2014
$725,000
Premier Petroleum INC
Sab 81 INC
Warranty Deed
—
May 23, 2009
—
Sab 81 INC
Quick Shop Mart INC
Grant Deed
related
—
—
—
Quick & Shop Mart INC
—
Deed Of Trust
related
$1,411,000 · High Trust Bank
—
—
Quick & Shop Mart INC
—
Loan Modification
related
$1,411,000 · High Trust Bank
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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