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Property profile & analytics
OFF-MARKET
Estimated value
$5,865,000
Super regional malls
1490 Hudson Brg Rd 1548 Stockbridge, GA 30281-5018
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1434707
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
2006
Construction
STEEL FRAME
Total area
39,558 SF
Lot
9.67 ac (421,225 SF)
Zoning code
C3
APN
032-01026011
UPID
US22-1434707
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
-
Massage Envy Alternative Medicine Practice Spa & Massage Center
-
Long Meridith L DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.87M
Owner & transaction history
Wrs Centers Shops LLC · 3 yrs held
Wrs Centers Shops LLC
since 2022
3 recorded transactions
Zoning & alternative use
C3 · Stockbridge, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
District is to provide distinct areas for commercial activities which provide products and services that require locations along major arterial roads, highway intersections, and freeway interchange areas, due to their generation of heavy traffic or their need to transport and display heavy bulk materials, and which provide services that would not be appropri…
Zone name
Heavy Commercial
General category
COMMERCIAL
Zone area
544.40 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$8.8M
+39.9%
Auto repair, garage
$8.2M
+29.2%
Retail stores
$7.9M
+25.7%
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 Stockbridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stockbridge 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
NEIGHBORHOOD: SHOPPING CENTER
$6,315,000
Current use
COMMERCIAL (GENERAL)
$8,835,000
Change: +40% · Conversion: Easy
AUTO REPAIR, GARAGE
$8,155,000
Change: +29% · Conversion: Difficult
RETAIL STORES
$7,935,000
Change: +26% · Conversion: Easy
OFFICE BUILDING
$6,215,000
Change: -2% · Conversion: Moderate
Blend value · Realmo final
$5.87M
Range $5.28M – $6.45M · ±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
$148 / 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
$161,701
Tax year 2024
Assessed value
$4,054,720
Assessed 2024
Previous assessed
$4,054,720
+0.0% YoY
Effective rate
3.99%
On assessed value
Assessed land
$773,600
Assessed improvement
$3,281,120
Land market value
$1,934,000
Improvement market value
$8,202,800
Total market value
$10,136,800
Applied tax rate
3.0000
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
2006
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Units
1
Bathrooms
39
Total area
39,558 SF
Lot
9.67 ac (421,225 SF)
Zoning code
C3
APN
032-01026011
UPID
US22-1434707
Jurisdiction
HENRY
Zoning & alternative use
C3 · Stockbridge, GAZoning C3 · permitted uses
C3 · Stockbridge, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
District is to provide distinct areas for commercial activities which provide products and services that require locations along major arterial roads, highway intersections, and freeway interchange areas, due to their generation of heavy traffic or their need to transport and display heavy bulk materials, and which provide services that would not be appropriately located in areas providing neighborhood or other commercial retail and service activities. Uses in this district shall be located on roads having a minimum classification of major arterial
Zone name
Heavy Commercial
General category
COMMERCIAL
Zone area
544.40 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$6.3M
COMMERCIAL (GENERAL)
Est. value
$8.8M
AUTO REPAIR, GARAGE
Est. value
$8.2M
RETAIL STORES
Est. value
$7.9M
OFFICE BUILDING
Est. value
$6.2M
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
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
2006
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Buildings
2
Units
1
Bathrooms
39
Lot
9.67 ac
Current owner
From public records · entity-resolved
Wrs Centers Shops LLC
Entity
Mailing address
550 LONG PT RD, MOUNT PLEASANT, SC 29464-7905
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2022
—
Wrs Centers Shops LLC
—
Deed
related
$84,000,000 · Lmf Commercial
Oct 28, 2022
—
Wrs Centers Shops LLC
Wrs Centers I LLC
Limited Warranty Deed
$84,000,000 · Lmf Commercial
Jan 7, 2014
—
Wrs Centers I LLC
Wr Of Stockbridge II LLC
Grant Deed
related
$71,000,000 · Ladder Cap Fin
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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