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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Strip malls
1067 Frst Pkwy Forest Park, GA 30297-2344
Entity Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0964159
Property summary
AI-generated overview
This exceptional retail property at 1067 Forest Parkway in Forest Park, Georgia, offers a fantastic opportunity for businesses seeking high-visibility locations. Situated in Clayton County, this multi-tenant building boasts a total of 4,523 square feet, with 2,340 square feet currently vacant and ready for immediate occupancy. The available spaces are highly flexible, ranging from a minimum of 901 square feet to a maximum contiguous space of 1,439 square feet, catering to a variety of business needs and sizes. The property benefits from a prime location with ample parking, making it easily accessible for customers and employees. The "endcap" location provides excellent street visibility and exposure to high traffic volume. This is an ideal space for businesses seeking a strong presence in a thriving community. The property's address is 1067 Forest Parkway, Forest Park, GA 30297. The property type is retail commercial, and the building is zoned for multiple tenants. Don't miss this chance to secure a prominent retail space in a desirable location. Contact us today to schedule a viewing and discuss your business needs.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2007
Total area
4,478 SF
Lot
0.44 ac (18,949 SF)
Zoning code
C
APN
13-049D- A-001
UPID
US22-0964159
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
-
Cakes by La'Meeka Bakery Specialty Food Shop
-
Opulent event rentals Party Supply Store Rental Equipment Company
-
Party Spot LLC Party Supply Store (Bike/Boat/Book/etc) Store
-
The 5th Wick Bakery Specialty Food Shop
-
The Xperience Studio by Honey's Sweet Memories Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$719k
Blend (final)
Blend
$590k
Owner & transaction history
Forest Park Investments 1 LLC · 11 yrs held
Forest Park Investments 1 LLC
since 2015
5 recorded transactions
Zoning & alternative use
C · Forest Park, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$800,000
+26.6%
Office building
$740,000
+17.1%
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 Forest Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Forest Park 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$630,000
Current use
COMMERCIAL (GENERAL)
$800,000
Change: +27% · Conversion: Easy
OFFICE BUILDING
$740,000
Change: +17% · Conversion: Moderate
MEDICAL BUILDING
$570,000
Change: -10% · Conversion: Difficult
RETAIL STORES
$570,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$590k
Range $531k – $649k · ±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
$132 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$5,927
Tax year 2024
Assessed value
$170,000
Assessed 2024
Previous assessed
$170,000
+0.0% YoY
Effective rate
3.49%
On assessed value
Assessed land
$22,800
Assessed improvement
$147,200
Land market value
$57,000
Improvement market value
$368,000
Total market value
$425,000
Applied tax rate
3.0000
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
2007
Heating
NONE
Total area
4,478 SF
Lot
0.44 ac (18,949 SF)
Zoning code
C
APN
13-049D- A-001
UPID
US22-0964159
Jurisdiction
CLAYTON
Zoning & alternative use
C · Forest Park, GA
Zoning C · permitted uses
C · Forest Park, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Forest Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$630,000
COMMERCIAL (GENERAL)
Est. value
$800,000
OFFICE BUILDING
Est. value
$740,000
MEDICAL BUILDING
Est. value
$570,000
RETAIL STORES
Est. value
$570,000
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
2007
Heating
NONE
Lot
0.44 ac
Current owner
From public records · entity-resolved
Forest Park Investments 1 LLC
Entity
Free & Clear · 11 yrs held
Mailing address
5825 GLENRIDGE DR BLDG #1, ATLANTA, GA 30328-5387
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2015
$265,000
Forest Park Investments 1 LLC
Jodeco Road LLC
Grant Deed
—
Jun 1, 2015
—
Forest Park Investments 1 LLC
Jodeco Road LLC
Quit Claim Deed
related
$229,500 · Private Bk/decatur
Aug 5, 2013
$225,000
Stabilis Fund II LLC
Steele Investment Group INC
Trustees Deed
related
—
Aug 5, 2013
—
Jodeco Road LLC
Stabilis Fund II LLC
Grant Deed
related
—
—
—
Steele Investment Grp INC
—
Deed Of Trust
related
$448,260 · Wells Fargo 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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