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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Outlet malls
1513 Us Hwy 19th S Leesburg, GA 31763-4915
Entity Owned
1-yr Hold
Free & Clear
Property ID
US22-2955012
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2013
Construction
LIGHT FRAME
Total area
8,400 SF
Lot
1.4 ac (60,984 SF)
Zoning code
RESIDENTIAL
APN
040C 020
UPID
US22-2955012
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
$590k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$442k
Blend (final)
Blend
$590k
Owner & transaction history
Lemonade Mm Ds 14 LLC · 1 yrs held
Lemonade Mm Ds 14 LLC
since 2024
Last sale
$590,000
4 recorded transactions
Zoning & alternative use
RESIDENTIAL · Leesburg, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$905,000
+118.6%
Warehouse, storage
$515,000
+24.9%
Auto repair, garage
$425,000
+2.9%
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 Leesburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Leesburg 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
$590,000
ML approach
$590,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$415,000
Current use
OFFICE BUILDING
$905,000
Change: +119% · Conversion: Easy
WAREHOUSE, STORAGE
$515,000
Change: +25% · Conversion: Difficult
AUTO REPAIR, GARAGE
$425,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$590k
Range $531k – $649k · ±10% · vs last sale $590k (Oct 16 2024)
Last sale anchor
$590k
Oct 16 2024
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
$70 / 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
$7,101
Tax year 2023
Assessed value
$252,000
Assessed 2023
Previous assessed
$252,000
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$56,000
Assessed improvement
$196,000
Land market value
$140,000
Improvement market value
$490,000
Total market value
$630,000
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
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
2013
Construction
LIGHT FRAME
Heating
NONE
Total area
8,400 SF
Lot
1.4 ac (60,984 SF)
Zoning code
RESIDENTIAL
APN
040C 020
UPID
US22-2955012
Jurisdiction
LEE
Zoning & alternative use
RESIDENTIAL · Leesburg, GA
Zoning RESIDENTIAL · permitted uses
RESIDENTIAL · Leesburg, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Leesburg. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$415,000
OFFICE BUILDING
Est. value
$905,000
WAREHOUSE, STORAGE
Est. value
$515,000
AUTO REPAIR, GARAGE
Est. value
$425,000
RETAIL STORES Current
OFFICE BUILDING
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
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
Construction
LIGHT FRAME
Heating
NONE
Lot
1.4 ac
Current owner
From public records · entity-resolved
Lemonade Mm Ds 14 LLC
Entity
Free & Clear · 1 yrs held
Mailing address
10401 MONROE RD, MATTHEWS, NC 28105-5349
Ownership since
2024
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
Oct 16, 2024
$590,000
Lemonade Mm Ds 14 LLC
Family Discount Portfolio 3 Dst
Warranty Deed
—
Oct 11, 2024
$590,000
Lemonade Mm Ds 14 LLC
Family Discount Portfolio III Dst
Warranty Deed
—
Feb 5, 2014
$1,259,577
Fam Discount Portfolio III
Wf Fd Master Lease I LLC
Warranty Deed
—
Aug 1, 2013
$315,000
Wf Fd Master Lease I LLC
Greene Fam Properties L
Warranty 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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