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Property profile & analytics
OFF-MARKET
Estimated value
$1,175,000
Showrooms
979 Iris SE Dr Conyers, GA 30094-5964
Entity Owned
2-yr Hold
Free & Clear
Property ID
US22-0879083
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1988
Construction
STEEL FRAME
Total area
4,819 SF
Lot
1.76 ac (76,666 SF)
Zoning code
HSB
APN
C31-0-01-006D
UPID
US22-0879083
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
-
DriveTime Used Cars Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.20M
CAP Approach
CAP
$980k
Comparable Approach
Comparable
$845k
Blend (final)
Blend
$1.18M
Owner & transaction history
Hap Conyers LLC · 2 yrs held
Hap Conyers LLC
since 2023
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
HSB · Conyers, 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 Conyers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conyers 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
$1,205,000
ML approach
$1,195,000
CAP Approach
CAP Return
Estimation
6%
$1,060,000
6.5%
$980,000
7%
$910,000
Blend value · Realmo final
$1.18M
Range $1.06M – $1.29M · ±10% · vs last sale $1.15M (Aug 1 2023)
Last sale anchor
$1.15M
Aug 1 2023
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
$244 / 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
$23,900
Tax year 2023
Assessed value
$416,160
Assessed 2023
Previous assessed
$416,160
+0.0% YoY
Effective rate
5.74%
On assessed value
Assessed land
$245,320
Assessed improvement
$170,840
Land market value
$613,300
Improvement market value
$427,100
Total market value
$1,040,400
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1988
Construction
STEEL FRAME
Heating
YES
Stories
1
Total area
4,819 SF
Lot
1.76 ac (76,666 SF)
Zoning code
HSB
APN
C31-0-01-006D
UPID
US22-0879083
Jurisdiction
ROCKDALE
Zoning & alternative use
HSB · Conyers, GA
Zoning HSB · permitted uses
HSB · Conyers, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Conyers. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Construction
STEEL FRAME
Heating
YES
Stories
1
Lot
1.76 ac
Current owner
From public records · entity-resolved
Hap Conyers LLC
Entity
Free & Clear · 2 yrs held
Mailing address
979 IRIS DR SE, CONYERS, GA 30094-5964
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2023
—
Hap Conyers LLC
Verde Investments INC
Quit Claim Deed
related
—
Aug 1, 2023
$1,150,000
Hap Conyers LLC
Verde Investments INC
Warranty Deed
—
Mar 9, 2020
$1,600,000
Verde Invs INC
Humar Properties Lllp
Grant Deed
$20,000 · Midfirst Bk
Aug 30, 2018
—
Humar Poperties Lllp
Day,lewis S
Quit Claim Deed
related
$500,000 · Fidelity Bk
Apr 16, 2004
—
Humar Props Lllp
—
Trustees Deed
related
$816,496 · Regions Bk/fayette
Feb 6, 2004
—
Humar Props Lllp
—
Trustees Deed
related
$193,684 · Regions Bk/fayette
—
—
Humar Properties Lllp
—
Deed Of Trust
related
$302,546 · Branch Banking & Trust 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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