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Property profile & analytics
OFF-MARKET
Estimated value
$915,000
Strip malls
1820 Noahs Ark Rd Jonesboro, GA 30236-7455
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0437099
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2008
Total area
11,280 SF
Lot
2.09 ac (90,823 SF)
Zoning code
GB
APN
06-035C- A-001
UPID
US22-0437099
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
-
Hair Accommodation Salon Hair Salon
-
Thee Safe Place, LLC Crisis Center Medical Clinic
-
Noahs' Ark Shopping Center Shopping Center & Mall
-
88 Nails & Spa Nail Salon
-
Southern Fusion Bistro Restaurant Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$694k
Blend (final)
Blend
$915k
Owner & transaction history
Tarveen LLC · 6 yrs held
Tarveen LLC
since 2020
Last sale
$855,000
5 recorded transactions
Zoning & alternative use
GB · Jonesboro, 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 Jonesboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jonesboro 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
$1,085,000
ML approach
$1,095,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,455,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$915k
Range $824k – $1.01M · ±10% · vs last sale $855k (Jan 15 2020)
Last sale anchor
$855k
Jan 15 2020
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
$81 / 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
$14,867
Tax year 2024
Assessed value
$381,080
Assessed 2024
Previous assessed
$381,080
+0.0% YoY
Effective rate
3.90%
On assessed value
Assessed land
$181,640
Assessed improvement
$199,440
Land market value
$454,100
Improvement market value
$498,600
Total market value
$952,700
Applied tax rate
8.0000
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
2008
Heating
NONE
Total area
11,280 SF
Lot
2.09 ac (90,823 SF)
Zoning code
GB
APN
06-035C- A-001
UPID
US22-0437099
Jurisdiction
CLAYTON
Zoning & alternative use
GB · Jonesboro, GAZoning GB · permitted uses
GB · Jonesboro, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$1.5M
RETAIL STORES
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
2008
Heating
NONE
Lot
2.09 ac
Current owner
From public records · entity-resolved
Tarveen LLC
Entity
Mailing address
1720 APPLE BLOSSOM DR, CUMMING, GA 30041-7789
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2025
—
Tarveen LLC
—
Deed
related
$350,000 · United Bankshares
Jan 15, 2020
$855,000
Tarveen LLC
Insignia Noahs Ark LLC
Warranty Deed
$641,250 · Piedmont Bank
Oct 25, 2012
$396,000
Mb Reo-ga Retail LLC
Shops At Noahs Ark LLC
Trustees Deed
—
Apr 10, 2008
$284,213
Douthit Properties In Thornton
The Shops At Noahs Ark LLC
Grant Deed
—
Aug 1, 2007
$553,500
The Shops At Noahs Ark LLC
Cameron Properties INC
Grant 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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