Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,830,000
Strip malls
1021 Pkwy Blvd Athens, GA 30606-6189
Entity Owned
2-yr Hold
Free & Clear
Property ID
US22-1849224
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2008
Construction
CONCRETE
Total area
3,600 SF
Lot
3.35 ac (145,926 SF)
Zoning code
B-2
APN
C-01Z-001
UPID
US22-1849224
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
-
Joey Dickerson - COUNTRY Financial representative Insurance Agency
-
Little Caesars Pizza Restaurant
-
1st Franklin Financial Loan Service
-
Victorious Vapors - Athens (Bike/Boat/Book/etc) Store Alternative Medicine Practice
-
Athens Art and Frame (Bike/Boat/Book/etc) Store Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.61M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.83M
Owner & transaction history
Mpg Parkway Blvd LLC · 2 yrs held
Mpg Parkway Blvd LLC
since 2023
Last sale
$2.0M
6 recorded transactions
Zoning & alternative use
B-2 · Athens, 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 Athens submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Athens 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
$1,705,000
ML approach
$1,605,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.83M
Range $1.65M – $2.01M · ±10% · vs last sale $2.00M (Aug 14 2023)
Last sale anchor
$2.00M
Aug 14 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
$508 / 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
$45,692
Tax year 2023
Assessed value
$2,129,743
Assessed 2023
Previous assessed
$2,129,743
+0.0% YoY
Effective rate
2.15%
On assessed value
Assessed land
$822,800
Assessed improvement
$1,306,943
Land market value
$2,057,000
Improvement market value
$3,267,357
Total market value
$5,324,357
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2008
Construction
CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
3,600 SF
Lot
3.35 ac (145,926 SF)
Zoning code
B-2
APN
C-01Z-001
UPID
US22-1849224
Jurisdiction
OCONEE
Zoning & alternative use
B-2 · Athens, GA
Zoning B-2 · permitted uses
B-2 · Athens, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Athens. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2008
Construction
CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
3.35 ac
Current owner
From public records · entity-resolved
Mpg Parkway Blvd LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1021 PKWY BLVD, ATHENS, GA 30606-6189
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2023
—
Mpg Parkway Blvd LLC
1st Horizon Bank
Quit Claim Deed
related
—
May 30, 2019
—
Mpg-parkway Blvd LLC
—
Grant Deed
related
$16,161,000 · Capital Bk
Sep 22, 2016
—
Epps Bridge Parkway LLC
Southeastern Inv Partners Athe
Quit Claim Deed
related
—
Sep 19, 2007
—
Epps Bridgeway Parkway LLC
Afb & T
Quit Claim Deed
related
—
Sep 19, 2007
$2,000,000
Southeastern Inv Partners-athe
Epps Bridge Parkway LLC
Grant Deed
$1,850,514 · Southern Community Bank
—
—
Southeastern Invs Ptrs-athens
—
Loan Modification
related
$4,185,435 · Bank Of North Georgia
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1021 Pkwy Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.