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Property profile & analytics
OFF-MARKET
Estimated value
$15,075,000
Strip malls
11720 Medlock Brg Rd Johns Creek, GA 30097-1509
Individually Owned
15-yr Hold
~
Est. High Equity
Property ID
US22-1644086
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2003
Total area
67,630 SF
Lot
17.29 ac (753,152 SF)
Zoning code
OI
APN
11 098003770170
UPID
US22-1644086
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$16.72M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$15.08M
Owner & transaction history
Wstn Duluth Johns Cree Inland · 15 yrs held
Wstn Duluth Johns Cree Inland
since 2010
2 recorded transactions
Zoning & alternative use
OI · Johns Creek, GA
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 Johns Creek submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Johns Creek 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%
$18,115,000
6.5%
$16,720,000
7%
$15,525,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$22,220,000
Current use
MEDICAL BUILDING
$21,010,000
Change: -5% · Conversion: Difficult
AUTO REPAIR, GARAGE
$19,710,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$15.08M
Range $13.57M – $16.58M · ±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
$223 / 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
$325,771
Tax year 2023
Assessed value
$11,541,520
Assessed 2023
Previous assessed
$11,541,520
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$2,308,304
Assessed improvement
$9,233,216
Land market value
$5,770,760
Improvement market value
$23,083,040
Total market value
$28,853,800
Applied tax rate
57.0000
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
2003
Heating
YES
Cooling
YES
Buildings
5
Stories
1
Total area
67,630 SF
Lot
17.29 ac (753,152 SF)
Zoning code
OI
APN
11 098003770170
UPID
US22-1644086
Jurisdiction
FULTON
Zoning & alternative use
OI · Johns Creek, GAZoning OI · permitted uses
OI · Johns Creek, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Ordinance
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$22.2M
MEDICAL BUILDING
Est. value
$21.0M
AUTO REPAIR, GARAGE
Est. value
$19.7M
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
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
Year built
2003
Heating
YES
Cooling
Yes
Stories
1
Buildings
5
Lot
17.29 ac
Current owner
From public records · entity-resolved
Wstn Duluth Johns Cree Inland
Individual
Mailing address
PO BOX 9273, OAK BROOK, IL 60522-9273
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 13, 2010
—
Wstn Duluth Johns Cree Inland
—
Deed Of Trust
related
$22,500,000 · Basis Real Estate Cap II LLC
—
—
Inland Western Duluth Of Johns Cree
—
Deed Of Trust
related
$23,300,000 · Miscellaneous Ins 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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