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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Motels
951 Ga Hwy 42nd N, Forsyth, GA 31029-9637
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US22-2716702
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1972
Construction
CONCRETE
Total area
7,094 SF
Lot
4.62 ac (201,247 SF)
Zoning code
1
APN
041-016
UPID
US22-2716702
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
$360k
CAP Approach
CAP
$795k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$580k
Owner & transaction history
Platinum Hospitality Grp LLC · 10 yrs held
Platinum Hospitality Grp LLC
since 2015
5 recorded transactions
Zoning & alternative use
1 · Forsyth, 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 Forsyth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Forsyth 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
$360,000
CAP Approach
CAP Return
Estimation
6%
$860,000
6.5%
$795,000
7%
$735,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$865,000
Change: 0% · Conversion: Difficult
RESTAURANT
$805,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$645,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$455,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$580k
Range $522k – $638k · ±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
$82 / 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
$11,076
Tax year 2023
Assessed value
$363,560
Assessed 2023
Previous assessed
$363,560
+0.0% YoY
Effective rate
3.05%
On assessed value
Assessed land
$33,240
Assessed improvement
$330,320
Land market value
$83,100
Improvement market value
$825,800
Total market value
$908,900
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1972
Construction
CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
7,094 SF
Lot
4.62 ac (201,247 SF)
Zoning code
1
APN
041-016
UPID
US22-2716702
Jurisdiction
MONROE
Zoning & alternative use
1 · Forsyth, GA
Zoning 1 · permitted uses
1 · Forsyth, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Forsyth. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$865,000
RESTAURANT
Est. value
$805,000
RETAIL STORES
Est. value
$645,000
WAREHOUSE, STORAGE
Est. value
$455,000
OFFICE BUILDING
RESTAURANT
RETAIL STORES
WAREHOUSE, STORAGE
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
1972
Construction
CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
3
Lot
4.62 ac
Current owner
From public records · entity-resolved
Platinum Hospitality Grp LLC
Entity
Mailing address
951 GA HWY 42ND N, FORSYTH, GA 31029-9637
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
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
Sep 23, 2020
—
Platinum Hospitality Group LLC
—
Deed Of Trust
related
$250,368 · Planters & Citizens Bk
Nov 21, 2016
—
Platinum Hospitality Grp LLC
—
Deed
related
$1,800,000 · Quantum National Bank
Jul 31, 2015
$1,060,001
Platinum Hospitality Grp LLC
Anjaneya Grp INC
Warranty Deed
$980,000 · Persons Banking
—
—
Platinum Hospitality Group LLC
—
Loan Modification
related
$1,100,000 · Persons Bkng Co
—
—
Platinum Hospitality Group LLC
—
Loan Modification
related
$1,050,000 · Persons Bkng Co
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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