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Property profile & analytics
OFF-MARKET
Estimated value
$4,085,000
Strip malls
1640 Virginia Ave College Park, GA 30337-2824
Individually Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-4051822
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1967
Total area
49,200 SF
Lot
1.76 ac (76,666 SF)
Zoning code
R3
APN
14 015900140632
UPID
US22-4051822
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.64M
Blend (final)
Blend
$4.09M
Owner & transaction history
Excalibur Invs Lc · 10 yrs held
Excalibur Invs Lc
since 2016
4 recorded transactions
Zoning & alternative use
R3 · College 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 College Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs College 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.09M
Range $3.68M – $4.49M · ±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
$83 / 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
$20,738
Tax year 2023
Assessed value
$734,720
Assessed 2023
Previous assessed
$734,720
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$237,680
Assessed improvement
$497,040
Land market value
$594,200
Improvement market value
$1,242,600
Total market value
$1,836,800
Applied tax rate
15.0000
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
1967
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
49,200 SF
Lot
1.76 ac (76,666 SF)
Zoning code
R3
APN
14 015900140632
UPID
US22-4051822
Jurisdiction
FULTON
Zoning & alternative use
R3 · College Park, GA
Zoning R3 · permitted uses
R3 · College Park, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
College Park. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1967
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
1.76 ac
Current owner
From public records · entity-resolved
Excalibur Invs Lc
Individual
Free & Clear · 10 yrs held
Mailing address
880 INDIAN TRL LILBURN RD NW STE J, LILBURN, GA 30047-6844
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
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
Apr 26, 2016
$1,375,000
Excalibur Invs Lc
Wh Virginia Stn Shopping Cente
Grant Deed
—
Apr 26, 2016
—
Excalibur Invs Lc
Wh Virginia Stn Shopping Cente
Quit Claim Deed
related
—
Sep 8, 2008
$30,000
Wh Virginia Station Shopping C
Virginia Station Shopping Cent
Grant Deed
$7,500,000 · Bank Of North Ga
Mar 22, 2005
—
Virginia Station Shopping Ctr Ll
—
Grant Deed
related
$8,000,000 · Integrity Bk
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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