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Property profile & analytics
OFF-MARKET
Estimated value
$845,000
Commercial land
983 Hwy 85th S, Fayetteville, GA 30215-2007
Entity Owned
4-yr Hold
Free & Clear
Property ID
US22-2831497
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Total area
3,119 SF
Lot
10 ac (435,600 SF)
Zoning code
C CH
APN
0517 113
UPID
US22-2831497
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
$930k
CAP Approach
CAP
$585k
Comparable Approach
Comparable
$723k
Blend (final)
Blend
$845k
Owner & transaction history
Ck 85 LLC · 4 yrs held
Ck 85 LLC
since 2022
Last sale
$850,000
6 recorded transactions
Zoning & alternative use
C CH · Fayetteville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$720,000
+46.5%
Retail stores
$690,000
+40.2%
Auto repair, garage
$575,000
+16.9%
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 Fayetteville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fayetteville 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
$1,050,000
ML approach
$930,000
CAP Approach
CAP Return
Estimation
6%
$630,000
6.5%
$585,000
7%
$540,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$720,000
Change: +46% · Conversion: Difficult
RETAIL STORES
$690,000
Change: +40% · Conversion: Easy
AUTO REPAIR, GARAGE
$575,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$845k
Range $761k – $930k · ±10% · vs last sale $850k (Mar 4 2022)
Last sale anchor
$850k
Mar 4 2022
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
$271 / 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
$9,467
Tax year 2023
Assessed value
$339,768
Assessed 2023
Previous assessed
$120,224
+182.6% YoY
Effective rate
2.79%
On assessed value
Assessed land
$339,768
Land market value
$849,420
Total market value
$849,420
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Total area
3,119 SF
Lot
10 ac (435,600 SF)
Zoning code
C CH
APN
0517 113
UPID
US22-2831497
Jurisdiction
FAYETTE
Zoning & alternative use
C CH · Fayetteville, GA
Zoning C CH · permitted uses
C CH · Fayetteville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fayetteville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$720,000
RETAIL STORES
Est. value
$690,000
AUTO REPAIR, GARAGE
Est. value
$575,000
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
Heating
NONE
Lot
10 ac
Current owner
From public records · entity-resolved
Ck 85 LLC
Entity
Free & Clear · 4 yrs held
Mailing address
300 GALLERIA PKWY SE STE #200, ATLANTA, GA 30339-3149
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 27, 2023
—
Ck 85 LLC
—
Deed
related
$11,142,000 · Regions Bank
Mar 4, 2022
$850,000
Ck 85 LLC
Kenneth L Ennis
Warranty Deed
—
Oct 17, 2014
$165,000
Kenneth L Ennis
Fsc Bp III Fayetteville LLC
Grant Deed
—
Mar 28, 2011
$50,000
Fsc Bp III Fayetteville LLC
United Cmnty Bk
Grant Deed
—
Dec 21, 2010
$398,739
United Cmnty Bk
Synergy Fund III LLC
Trustees Deed
related
—
Feb 17, 2005
$1,300,000
Hwg LP 1
Kendrick,john K & Yvonne C
Warranty Deed
$845,000 · United Cmnty Bk
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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