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    Property profile & analytics

    840 Laurel St Springfield, GA 31329-9235

    • Turn key restaurants
    • 2,182 SF
    • 0.98 lot acres
    OFF-MARKET
    Value Estimation
    $425,000
    Last Sale
    Sep 02, 2022
    Location Intelligence
    Property ID
    US22-3492720
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 840 Laurel St

    Year built
    1986
    Construction
    WOOD
    Lot size
    0.98 lot acres
    Property size
    2,182 SF
    Zone code
    B-2
    Property type
    Turn key restaurants
    APN
    S1090031
    APU
    S1090031

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Effingham
    State
    Georgia
    Longitude
    -81.3058
    Latitude
    32.36
    CBSA code
    42340
    CBSA name
    SAVANNAH, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,490
    $46,382
    $72,240
    $118,622
    -
    $115,954
    $180,599
    $296,553

    Comparable in this City

    • Value Estimation
      $1,510,000
      2,151 SF

      1260 Ga Hwy 21st S

      RESTAURANT • 2,151 SF
      1260 Ga Hwy 21st S, Springfield, GA 31329-5200
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    • Value Estimation
      $490,000
      1,952 SF

      Hwy 21

      RESTAURANT • 1,952 SF
      Hwy 21, Springfield, GA 31329
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    • Value Estimation
      $295,000
      2,160 SF

      107 Laurel St

      RESTAURANT • 2,160 SF
      107 Laurel St, Springfield, GA 31329-6804
      View Details
    • Value Estimation
      $215,000
      1,530 SF

      205 Laurel St

      RESTAURANT • 1,530 SF
      205 Laurel St, Springfield, GA 31329-3009
      View Details
    • Value Estimation
      $335,000
      2,429 SF

      1325 Ga Hwy 21st S

      RESTAURANT • 2,429 SF
      1325 Ga Hwy 21st S, Springfield, GA 31329-5216
      View Details
    • Value Estimation by Request
      2,622 SF

      Hwy 21

      RESTAURANT • 2,622 SF
      Hwy 21, Springfield, GA 31329
      View Details

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      Springfield Commercial Land Opportunity

      5-Acre Lot, Prime Springfield Location
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    840 Laurel St
    Springfield, GA 31329-9235
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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