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Property profile & analytics
OFF-MARKET
Retail space
9586 Old Hwy 76 Morganton, GA 30560-3338
Entity Owned
4-yr Hold
Free & Clear
Property ID
US22-3485803
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2021
Total area
336 SF
Lot
0.47 ac (20,473 SF)
Zoning code
RESIDENTIAL
APN
0023 002B
UPID
US22-3485803
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
-
Wood Cutouts (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lakewood Rentals LLC · 4 yrs held
Lakewood Rentals LLC
since 2021
Last sale
$75,500
7 recorded transactions
Zoning & alternative use
RESIDENTIAL · Morganton, 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 Morganton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Morganton 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$416
Tax year 2023
Assessed value
$30,243
Assessed 2023
Previous assessed
$30,243
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$13,160
Assessed improvement
$17,083
Land market value
$32,900
Improvement market value
$42,707
Total market value
$75,607
Applied tax rate
4.0000
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
2021
Heating
NONE
Buildings
2
Total area
336 SF
Lot
0.47 ac (20,473 SF)
Zoning code
RESIDENTIAL
APN
0023 002B
UPID
US22-3485803
Jurisdiction
FANNIN
Zoning & alternative use
RESIDENTIAL · Morganton, GA
Zoning RESIDENTIAL · permitted uses
RESIDENTIAL · Morganton, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Morganton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2021
Heating
NONE
Buildings
2
Lot
0.47 ac
Current owner
From public records · entity-resolved
Lakewood Rentals LLC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 1228, BLUE RIDGE, GA 30513-0021
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2021
$75,500
Lakewood Rentals LLC
Steve Wile
Warranty Deed
—
Dec 7, 2020
$41,000
Steve Wile
Mitchell K Tipton
Warranty Deed
—
Apr 5, 2019
$32,000
Mitchell K Tipton
Michael T Tipton
Warranty Deed
related
—
Dec 11, 2017
$31,500
Tipton Michael T Trustee
Terri Lynn Brearey
Warranty Deed
—
Jul 30, 2009
—
Terri Lynn Brearey
Peter A Brearey
Intrafamily Transfer
related
—
Jul 27, 2009
$20,250
Peter A Brearey
United Community Bank
Deed
$18,225 · United Community Bank
Jun 11, 2009
$42,177
United Community Bank
Wymor Properties LLC
Foreclosure
related
—
Oct 14, 2005
$89,000
Wymor LLC
Dennis R Queen
Deed
$128,265 · United Community 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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