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Property profile & analytics
FOR SALE
Outlet malls
167 Butler St Midway, GA
Individually Owned
13-yr Hold
~
Est. High Equity
Property ID
US22-2063882
For Sale
Contact for pricing
167 Butler St, Midway, GA
View Listing →
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2010
Total area
12,619 SF
Lot
1.45 ac (63,162 SF)
Zoning code
C3
APN
213D 054
UPID
US22-2063882
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
$1.24M
Blend (final)
Blend
$340k
Owner & transaction history
Family Dollar Stores Of Georgia I · 13 yrs held
Family Dollar Stores Of Georgia I
since 2012
7 recorded transactions
Zoning & alternative use
C3 · Midway, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district establishes a heavy commercial zone to provide a wide variety of commercial facilities, areas for wholesaling and distribution uses, commercial uses needing access to major highways, and commercial uses utilizing large sites. Temporary residential uses requiring access to major highways, such as RV parks, shall also be permitted in the highway…
Zone name
Highway Commercial
General category
INDUSTRIAL
Zone area
142.34 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$2.0M
+46.8%
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 Midway submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Midway 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
RETAIL STORES
$1,335,000
Current use
COMMERCIAL (GENERAL)
$1,960,000
Change: +47% · Conversion: Easy
Blend value · Realmo final
$340k
Range $306k – $374k · ±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
$27 / 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
$14,368
Tax year 2023
Assessed value
$340,199
Assessed 2023
Previous assessed
$340,199
+0.0% YoY
Effective rate
4.22%
On assessed value
Assessed land
$66,700
Assessed improvement
$273,499
Land market value
$166,750
Improvement market value
$683,748
Total market value
$850,498
Applied tax rate
6.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
For Sale
Year built
2010
Heating
NONE
Total area
12,619 SF
Lot
1.45 ac (63,162 SF)
Zoning code
C3
APN
213D 054
UPID
US22-2063882
Jurisdiction
LIBERTY
Zoning & alternative use
C3 · Midway, GAZoning C3 · permitted uses
C3 · Midway, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district establishes a heavy commercial zone to provide a wide variety of commercial facilities, areas for wholesaling and distribution uses, commercial uses needing access to major highways, and commercial uses utilizing large sites. Temporary residential uses requiring access to major highways, such as RV parks, shall also be permitted in the highway commercial district. Encroachment by residential, industrial or other uses considered capable of adversely affecting the commercial character of the district will be discouraged.
Zone name
Highway Commercial
General category
INDUSTRIAL
Zone area
142.34 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$2.0M
RETAIL STORES Current
COMMERCIAL (GENERAL)
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
2010
Heating
NONE
Lot
1.45 ac
Current owner
From public records · entity-resolved
Family Dollar Stores Of Georgia I
Individual
Mailing address
3349 STATE RTE 138TH A BLDG A, WALL TOWNSHIP, NJ 07719-9671
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2025
—
Fsc Dg Ga LLC
—
Deed
related
$72,500,000 · Provident Bank
Nov 6, 2020
—
Fsc Dg Ga LLC
—
Deed
related
$1,056,000 · M&t Bk
Nov 5, 2018
—
Fsc Dg Ga LLC
—
Grant Deed
related
$150,000,000 · Citizens Bk NA
Dec 14, 2012
—
Family Dollar Stores Of Georgia I
Midway Fds LLC
Grant Deed
related
—
Jul 22, 2010
$1,210,000
Fsc Dollar General Ga LLC
Sw Midway LLC
Grant Deed
—
—
—
Fsc Dg Ga LLC
—
Loan Modification
related
$15,000,000 · Keybank USA
—
—
Fsc Dg Ga LLC
—
Loan Modification
related
$1,056,000 · M&t 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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