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Property profile & analytics
OFF-MARKET
Estimated value
$15,225,000
Office buildings
135 Riverside SW Pkwy Austell, GA 30168-7749
Individually Owned
16-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0573931
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2013
Total area
111,047 SF
Lot
14.39 ac (627,046 SF)
Zoning code
GC
APN
18068900040
UPID
US22-0573931
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
-
Bronner Center for the Performing Arts Theater & Performing Art Venue
-
Pamela Myers Model Fitness (PMMFIT) Gym & Fitness Center
-
Sovaya's Couture Events Event Planning Wedding Service
-
Taste Of Gratitude LLC Specialty Food Shop (Bike/Boat/Book/etc) Store
-
McCoughtry's Ice Cream Grocery & Convenience Store Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.39M
Blend (final)
Blend
$15.23M
Owner & transaction history
Word Of Faith Fam Worship Center · 16 yrs held
Word Of Faith Fam Worship Center
since 2010
7 recorded transactions
Zoning & alternative use
GC · Austell, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$23.7M
+31.0%
Auto repair, garage
$22.1M
+22.0%
Neighborhood: shopping center
$21.8M
+20.1%
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 Austell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Austell 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
OFFICE BUILDING
$18,115,000
Current use
APARTMENT HOUSE (5+ UNITS)
$23,735,000
Change: +31% · Conversion: Easy
AUTO REPAIR, GARAGE
$22,100,000
Change: +22% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$21,760,000
Change: +20% · Conversion: Difficult
Blend value · Realmo final
$15.23M
Range $13.70M – $16.75M · ±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
$137 / 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
$202,255
Tax year 2024
Assessed value
$6,708,276
Assessed 2024
Previous assessed
$6,708,276
+0.0% YoY
Effective rate
3.02%
On assessed value
Assessed land
$1,050,884
Assessed improvement
$5,657,392
Land market value
$2,627,210
Improvement market value
$14,143,480
Total market value
$16,770,690
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2013
Heating
NONE
Units
600
Total area
111,047 SF
Lot
14.39 ac (627,046 SF)
Zoning code
GC
APN
18068900040
UPID
US22-0573931
Jurisdiction
COBB
Zoning & alternative use
GC · Austell, GA
Zoning GC · permitted uses
GC · Austell, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Austell. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$18.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$23.7M
AUTO REPAIR, GARAGE
Est. value
$22.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$21.8M
OFFICE BUILDING Current
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2013
Heating
NONE
Units
600
Lot
14.39 ac
Current owner
From public records · entity-resolved
Word Of Faith Fam Worship Center
Individual
Free & Clear · 16 yrs held
Mailing address
212 RIVERSIDE PKWY, AUSTELL, GA 30168
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 23, 2010
$2,700,000
Word Of Faith Fam Worship Center
Wal-mart Stores INC
Grant Deed
—
Jun 23, 2010
—
Word Of Faith Fam Worship Center
Wal-mart Stores INC
Quit Claim Deed
related
—
Jun 18, 2010
$2,700,000
Word Of Faith Family Worship C
Wal Mart Stores INC
Grant Deed
—
Jun 18, 2010
—
Word Of Faith Family Morship C
Wal Mart Stores INC
Grant Deed
related
—
May 3, 2010
—
Wal-mart Stores INC
Metropolitan Life Ins Co
Quit Claim Deed
related
—
May 3, 2010
$4,500,000
Wal-mart Stores INC
Metropolitan Life Ins Co
Grant Deed
—
—
—
Metropolitan,life Insurance Co
—
Deed Of Trust
related
—
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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