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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Outlet malls
1450 Marion Ave Lake Park, GA 31636-6614
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US22-3026832
Property summary
AI-generated overview
This exceptional 10,000 square foot retail property in Lake Park, Georgia, is available for $875,000. Situated on a one-acre lot, this single-story building boasts a durable metal and stucco exterior, offering both aesthetic appeal and lasting quality. The interior features a versatile mix of LVP, carpet, and tile flooring, suitable for high-traffic retail environments. Ample warehouse space and a convenient loading dock facilitate efficient shipping and receiving operations. The property is fully fenced on three sides, with added security features at the top of the fence. Ten parking spaces are available for customers and employees. Well-appointed office space is included to accommodate administrative needs. The building benefits from central air conditioning and 220-volt electricity. Located near picturesque lakes and Interstate 75, this property offers a blend of natural beauty and convenient accessibility. The property is zoned C-C and is immediately available. This move-in ready space presents a fantastic opportunity for a variety of retail businesses. Exterior features include prominent signage and a large lot.
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1995
Construction
STEEL FRAME
Total area
10,000 SF
Lot
1 ac (43,560 SF)
Zoning code
C-C
APN
0199-210
UPID
US22-3026832
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$465k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$559k
Blend (final)
Blend
$510k
Owner & transaction history
Tridev 1450 LLC · 1 yrs held
Tridev 1450 LLC
since 2025
Last sale
$536,051
4 recorded transactions
Zoning & alternative use
C-C · Lake Park, 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 Lake Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake 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
$465,000
ML approach
$465,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$510k
Range $459k – $561k · ±10% · vs last sale $536k (Feb 28 2025)
Last sale anchor
$536k
Feb 28 2025
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
$51 / 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
$4,667
Tax year 2023
Assessed value
$158,216
Assessed 2023
Previous assessed
$158,216
+0.0% YoY
Effective rate
2.95%
On assessed value
Assessed land
$18,992
Assessed improvement
$139,224
Land market value
$47,481
Improvement market value
$348,060
Total market value
$395,541
Applied tax rate
12.0000
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
Off-Market
Year built
1995
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
10,000 SF
Lot
1 ac (43,560 SF)
Zoning code
C-C
APN
0199-210
UPID
US22-3026832
Jurisdiction
LOWNDES
Zoning & alternative use
C-C · Lake Park, GA
Zoning C-C · permitted uses
C-C · Lake Park, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake Park. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1995
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1 ac
Current owner
From public records · entity-resolved
Tridev 1450 LLC
Entity
Mailing address
3406 N VALDOSTA RD, VALDOSTA, GA 31602-1079
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2025
$575,000
Tridev 1450 LLC
Pridefam Business Ventures LLC
Quitclaim Deed
related
$467,420 · Southeastern Credit Union
Sep 30, 2020
—
Pridefam Business Ventures LLC
—
Deed
related
$492,967 · Ameris Bank
Feb 13, 2017
$536,051
Pridefam Business Ventures LLC
Kyle T Herndon
Warranty Deed
$542,309 · Douglas National Bank
Dec 27, 2005
$478,771
Kyle Herndon
Joe L Roberts
Warranty Deed
$335,000 · First National Bank Of Coffee County
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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