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Property profile & analytics
OFF-MARKET
Estimated value
$1,470,000
Grocery and convenience stores
897 Main St Blakely, GA 39823-2026
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US22-3477200
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1989
Construction
CONCRETE
Total area
3,885 SF
Lot
0.52 ac (22,651 SF)
Zoning code
UNZONED RURAL
APN
B018019021
UPID
US22-3477200
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
-
SOUTHERN FRESH FRIED CHICKEN Food Market
-
By-Pass Mini Mart Grocery & Convenience Store
-
Pure Gas Station
-
Hunt Brothers Pizza Take-out & Catering
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.51M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.47M
Owner & transaction history
Tetra Partners LLC · 5 yrs held
Tetra Partners LLC
since 2021
Last sale
$1.4M
4 recorded transactions
Zoning & alternative use
UNZONED RURAL · Blakely, 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 Blakely submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Blakely 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
$1,585,000
ML approach
$1,505,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.47M
Range $1.32M – $1.62M · ±10% · vs last sale $1.40M (Jan 26 2021)
Last sale anchor
$1.40M
Jan 26 2021
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
$378 / 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
$4,645
Tax year 2023
Assessed value
$156,590
Assessed 2023
Previous assessed
$156,590
+0.0% YoY
Effective rate
2.97%
On assessed value
Assessed land
$27,000
Assessed improvement
$129,590
Land market value
$67,500
Improvement market value
$323,976
Total market value
$391,476
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
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
1989
Construction
CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
3,885 SF
Lot
0.52 ac (22,651 SF)
Zoning code
UNZONED RURAL
APN
B018019021
UPID
US22-3477200
Jurisdiction
EARLY
Zoning & alternative use
UNZONED RURAL · Blakely, GA
Zoning UNZONED RURAL · permitted uses
UNZONED RURAL · Blakely, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Blakely. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Construction
CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
Tetra Partners LLC
Entity
Mailing address
2296 HENDERSON ML RD NE STE 300A, ATLANTA, GA 30345-2773
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2026
—
Cusseta Travel Plaza LLC
—
Deed
related
$1,430,110 · First National Bank Of Decatur County
Jan 27, 2021
—
Tetra Partners LLC
—
Deed
related
$296,305 · Yousef Hasan
Jan 26, 2021
$1,400,000
Tetra Partners LLC
Yousef Hasan
Warranty Deed
$910,842 · First State Bank Of Blakely
Jan 26, 2007
—
Richard Grist
Grist Fam Land Holdings
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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