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Property profile & analytics
OFF-MARKET
Estimated value
$1,255,000
Retail space
8964 Hwy 29th S, Hull, GA 30646-3908
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US22-3750764
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2018
Total area
7,931 SF
Lot
1.44 ac (62,726 SF)
Zoning code
B
APN
0032 006
UPID
US22-3750764
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
-
Family Dollar Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.38M
Comparable Approach
Comparable
$1.13M
Blend (final)
Blend
$1.26M
Owner & transaction history
Ruchit R Patel · 6 yrs held
Ruchit R Patel
since 2020
5 recorded transactions
Zoning & alternative use
B · Hull, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.2M
+57.6%
Office building
$995,000
+34.1%
Auto repair, garage
$905,000
+22.1%
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 Hull submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hull 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%
$1,495,000
6.5%
$1,380,000
7%
$1,280,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,170,000
Change: +58% · Conversion: Easy
OFFICE BUILDING
$995,000
Change: +34% · Conversion: Easy
AUTO REPAIR, GARAGE
$905,000
Change: +22% · Conversion: Difficult
Blend value · Realmo final
$1.26M
Range $1.13M – $1.38M · ±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
$158 / 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
$8,895
Tax year 2023
Assessed value
$291,392
Assessed 2023
Previous assessed
$291,392
+0.0% YoY
Effective rate
3.05%
On assessed value
Assessed land
$45,280
Assessed improvement
$246,112
Land market value
$113,200
Improvement market value
$615,279
Total market value
$728,479
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2018
Heating
CENTRAL
Cooling
CENTRAL
Total area
7,931 SF
Lot
1.44 ac (62,726 SF)
Zoning code
B
APN
0032 006
UPID
US22-3750764
Jurisdiction
MADISON
Zoning & alternative use
B · Hull, GA
Zoning B · permitted uses
B · Hull, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hull. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.2M
OFFICE BUILDING
Est. value
$995,000
AUTO REPAIR, GARAGE
Est. value
$905,000
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
2018
Heating
CENTRAL
Cooling
Yes
Lot
1.44 ac
Current owner
From public records · entity-resolved
Ruchit R Patel
Individual
Mailing address
PO BOX 131253, CARLSBAD, CA 92013-1253
Ownership since
2020
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 30, 2020
—
Ruchit R Patel
—
Deed
related
$228,116 · Fairway Independent Mortgage
Jun 24, 2020
$285,145
Ruchit R Patel
Reliant Homes Ga LLC
Limited Warranty Deed
$228,116 · Fairway Independent Mortgage
Jan 25, 2019
$1,330,000
Alboc137 LLC
Fd Hull LLC
Warranty Deed
$680,000 · Eastman Credit Union
Jan 25, 2019
—
John A Means
Fd Hull LLC
Warranty Deed
—
Aug 3, 2018
$120,350
Fd Hull LLC
Rsp Corner LLC
Warranty Deed
$868,321 · State Bank And Trust
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.
Try Rey
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