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Property profile & analytics
OFF-MARKET
Estimated value
$1,810,000
Strip malls
138 Athens St Winder, GA 30680-1776
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1326954
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2004
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
13,600 SF
Lot
1.5 ac (65,340 SF)
Zoning code
B-1
APN
WN12 025
UPID
US22-1326954
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
-
Shear Envy Hair Salon
-
ZiL Catering Take-out & Catering Catering Service
-
Morris Center For Sports Medicine Medical Clinic Physician
-
4 aces outdoor Department Store
-
Master Pattillo Martial Arts Training Center Sports School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.62M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.81M
Owner & transaction history
Brookwood Place LLC · 4 yrs held
Brookwood Place LLC
since 2022
Last sale
$2.0M
6 recorded transactions
Zoning & alternative use
B-1 · Winder, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.0M
+169.3%
Medical building
$1.6M
+121.9%
Restaurant
$1.4M
+97.0%
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 Winder submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Winder 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
$1,620,000
ML approach
$1,615,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,975,000
Change: +169% · Conversion: Easy
MEDICAL BUILDING
$1,625,000
Change: +122% · Conversion: Difficult
RESTAURANT
$1,445,000
Change: +97% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,425,000
Change: +94% · Conversion: Difficult
RETAIL STORES
$1,185,000
Change: +62% · Conversion: Easy
Blend value · Realmo final
$1.81M
Range $1.63M – $1.99M · ±10% · vs last sale $2.00M (May 31 2022)
Last sale anchor
$2.00M
May 31 2022
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
$133 / 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
$14,878
Tax year 2024
Assessed value
$530,668
Assessed 2024
Previous assessed
$530,668
+0.0% YoY
Effective rate
2.80%
On assessed value
Assessed land
$55,440
Assessed improvement
$475,228
Land market value
$138,600
Improvement market value
$1,188,071
Total market value
$1,326,671
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
2004
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Bathrooms
25
Total area
13,600 SF
Lot
1.5 ac (65,340 SF)
Zoning code
B-1
APN
WN12 025
UPID
US22-1326954
Jurisdiction
BARROW
Zoning & alternative use
B-1 · Winder, GA
Zoning B-1 · permitted uses
B-1 · Winder, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Winder. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$2.0M
MEDICAL BUILDING
Est. value
$1.6M
RESTAURANT
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.4M
RETAIL STORES
Est. value
$1.2M
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
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
2004
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
25
Lot
1.5 ac
Current owner
From public records · entity-resolved
Brookwood Place LLC
Entity
Mailing address
3025 COLVIN ST, ALEXANDRIA, VA 22314-4501
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
May 31, 2022
$2,000,000
Brookwood Place LLC
Jlcbm LLC
Warranty Deed
$1,200,000 · The Hoang Family Partnership
Sep 14, 2015
$1,425,000
Jlcbm LLC
Bartlett Family Winder LLC
Grant Deed
$997,500 · Excel FCU
Jan 13, 2014
—
Bartlett Family Winder LLC
Wsb Commercial Holdings LLC
Warranty Deed
related
—
Dec 4, 2006
$1,016,500
Wayne L Bartlett
Maynard,jerry M
Grant Deed
—
Jan 20, 2004
$236,900
Bartlett,wayne L
Lw Lanthier LLP
Warranty Deed
$1,225,000 · Peoples Bk
—
—
Wayne L Bartlett
—
Deed Of Trust
related
$1,864,920 · Fidelity Bank NA
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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