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Property profile & analytics
FOR SALE
Outlet malls
137 W Main St Manchester, GA 31816
Individually Owned
5-yr Hold
Free & Clear
Property ID
US22-1007852
For Sale
1 / 20
$175,000
137 W Main St, Manchester, GA 31816
View Listing →
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1934
Construction
WOOD
Total area
2,552 SF
Lot
0.15 ac (6,534 SF)
Zoning code
1
APN
MA13- -103
UPID
US22-1007852
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
-
Kimball Electric & Refrigeration Services Home Appliance Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Duane A Shrader · 5 yrs held
Duane A Shrader
since 2020
Last sale
$135,000
5 recorded transactions
Zoning & alternative use
1 · Manchester, 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 Manchester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manchester 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$806
Tax year 2023
Assessed value
$16,636
Assessed 2023
Previous assessed
$16,636
+0.0% YoY
Effective rate
4.84%
On assessed value
Assessed land
$4,080
Assessed improvement
$12,556
Land market value
$10,200
Improvement market value
$31,390
Total market value
$41,590
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
For Sale
Year built
1934
Construction
WOOD
Heating
NONE
Total area
2,552 SF
Lot
0.15 ac (6,534 SF)
Zoning code
1
APN
MA13- -103
UPID
US22-1007852
Jurisdiction
MERIWETHER
Zoning & alternative use
1 · Manchester, GA
Zoning 1 · permitted uses
1 · Manchester, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Manchester. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1934
Construction
WOOD
Heating
NONE
Lot
0.15 ac
Current owner
From public records · entity-resolved
Duane A Shrader
Individual
Free & Clear · 5 yrs held
Mailing address
305 SHANNON TRL SW, CONYERS, GA 30094-4819
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
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
Sep 17, 2020
$135,000
Duane A Shrader
New Deal Post Office LLC
Grant Deed
—
Dec 22, 2016
$100,000
New Deal Post Office LLC
Meares,jennifer E
Grant Deed
—
Sep 27, 2012
—
Jennifer Elliott Meares
Elliott,cliff
Quit Claim Deed
related
—
Dec 31, 2011
—
Cliff Elliott
Elliott,tyron
Quit Claim Deed
—
Oct 11, 2009
$25,000
Tyrone Elliott
Pilcher,ellen S T
Grant Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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