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Property profile & analytics
OFF-MARKET
Estimated value
$1,500,000
Strip malls
1588 Veterans Memorial SW Hwy 1604 Austell, GA 30168-7905
Individually Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1287880
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1972
Total area
36,000 SF
Lot
3.81 ac (165,789 SF)
Zoning code
NS
APN
19130000310
UPID
US22-1287880
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
-
The Brick Secret Hotel & Motel Resort
-
Queen B Beauty & Hair Salon Hair Salon
-
Detail kings Car Wash
-
All The Above Event Hall Hotel & Motel Resort
-
Atlanta Tabernacle Church Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.50M
Owner & transaction history
Deedar Boricha · 12 yrs held
Deedar Boricha
since 2014
1 recorded transaction
Zoning & alternative use
NS · Austell, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The NS district is established to provide locations for retail commercial and service uses
Zone name
Neighborhood Shopping
General category
COMMERCIAL
Zone area
12.94 ac
Source
Realmo
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 Austell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Austell 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
$42 / 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
$15,519
Tax year 2024
Assessed value
$514,728
Assessed 2024
Previous assessed
$514,728
+0.0% YoY
Effective rate
3.01%
On assessed value
Assessed land
$168,768
Assessed improvement
$345,960
Land market value
$421,920
Improvement market value
$864,900
Total market value
$1,286,820
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
1972
Heating
NONE
Buildings
2
Total area
36,000 SF
Lot
3.81 ac (165,789 SF)
Zoning code
NS
APN
19130000310
UPID
US22-1287880
Jurisdiction
COBB
Zoning & alternative use
NS · Austell, GAZoning NS · permitted uses
NS · Austell, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The NS district is established to provide locations for retail commercial and service uses
Zone name
Neighborhood Shopping
General category
COMMERCIAL
Zone area
12.94 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1972
Heating
NONE
Buildings
2
Lot
3.81 ac
Current owner
From public records · entity-resolved
Deedar Boricha
Individual
Free & Clear · 12 yrs held
Mailing address
2723 JEFFERSON ST, AUSTELL, GA 30168-4013
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2014
—
Deedar Boricha
Boricha,zarina
Quit Claim Deed
related
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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