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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Grocery and convenience stores
Red Bud Rd Calhoun, GA 30701
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US22-3645690
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2009
Total area
4,576 SF
Lot
3.69 ac (160,736 SF)
Zoning code
C-1
APN
055 - -091A
UPID
US22-3645690
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
$310k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$711k
Blend (final)
Blend
$510k
Owner & transaction history
Ambica 9 INC · 16 yrs held
Ambica 9 INC
since 2009
4 recorded transactions
Zoning & alternative use
C-1 · Calhoun, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of this zone is to promote Central Business District
Zone name
Central Business District
General category
COMMERCIAL
Zone area
19.42 ac
Source
Realmo
Top alternative use upside
Office building
$505,000
+185.0%
Auto repair, garage
$465,000
+162.7%
Commercial (general)
$410,000
+132.1%
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 Calhoun submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Calhoun 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
$310,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$505,000
Change: +185% · Conversion: Moderate
AUTO REPAIR, GARAGE
$465,000
Change: +163% · Conversion: Difficult
COMMERCIAL (GENERAL)
$410,000
Change: +132% · Conversion: Easy
MEDICAL BUILDING
$390,000
Change: +119% · Conversion: Difficult
RETAIL STORES
$350,000
Change: +97% · Conversion: Easy
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
$111 / 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
$5,112
Tax year 2023
Assessed value
$201,200
Assessed 2023
Previous assessed
$204,720
-1.7% YoY
Effective rate
2.54%
On assessed value
Assessed land
$60,720
Assessed improvement
$140,480
Land market value
$151,800
Improvement market value
$351,200
Total market value
$503,000
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
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2009
Heating
NONE
Total area
4,576 SF
Lot
3.69 ac (160,736 SF)
Zoning code
C-1
APN
055 - -091A
UPID
US22-3645690
Jurisdiction
GORDON
Zoning & alternative use
C-1 · Calhoun, GAZoning C-1 · permitted uses
C-1 · Calhoun, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of this zone is to promote Central Business District
Zone name
Central Business District
General category
COMMERCIAL
Zone area
19.42 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$505,000
AUTO REPAIR, GARAGE
Est. value
$465,000
COMMERCIAL (GENERAL)
Est. value
$410,000
MEDICAL BUILDING
Est. value
$390,000
RETAIL STORES
Est. value
$350,000
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
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
2009
Heating
NONE
Lot
3.69 ac
Current owner
From public records · entity-resolved
Ambica 9 INC
Entity
Mailing address
297 SHENANDOAH DR NE, CALHOUN, GA 30701-4719
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2009
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
Sep 24, 2009
$144,900
Ambica 9 INC
Cronon,ricky
Warranty Deed
$598,000 · United Community Bank
Nov 3, 2008
—
Ricky Cronon
—
Trustees Deed
related
$34,000 · North Ga National Bank
Jul 10, 2003
—
Ricky Cronon
Owner Name Unavailable
Grant Deed
related
—
—
—
Ricky R Cronon
—
Deed Of Trust
related
$40,447 · North Ga National 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.
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