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Property profile & analytics
OFF-MARKET
Estimated value
$1,225,000
Community centers
1905 Mt Zion Rd Morrow, GA 30260-3324
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0942756
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1997
Total area
8,046 SF
Lot
31.92 ac (1,390,435 SF)
Zoning code
C
APN
12-083A- A-009
UPID
US22-0942756
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
-
Fitness Connection Gym & Fitness Center
-
Morrow Goodwil Grocery & Convenience Store
-
Goodwill Thrift Store & Donation Center Discount Store
-
CRU Lounge Morrow Restaurant
-
The Job Center Staffing Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.66M
Blend (final)
Blend
$1.23M
Owner & transaction history
Vault Avenida Morrow Gw LLC · 3 yrs held
Vault Avenida Morrow Gw LLC
since 2022
7 recorded transactions
Zoning & alternative use
C · Morrow, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Zoning
Top alternative use upside
Office building
$1.3M
+17.1%
Commercial (general)
$1.2M
+5.7%
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 Morrow submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Morrow 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
NEIGHBORHOOD: SHOPPING CENTER
$1,135,000
Current use
OFFICE BUILDING
$1,330,000
Change: +17% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,200,000
Change: +6% · Conversion: Easy
MEDICAL BUILDING
$1,025,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$1.23M
Range $1.10M – $1.35M · ±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
$152 / 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
$248,518
Tax year 2024
Assessed value
$5,864,040
Assessed 2024
Previous assessed
$7,492,920
-21.7% YoY
Effective rate
4.24%
On assessed value
Assessed land
$1,126,520
Assessed improvement
$4,737,520
Land market value
$2,816,300
Improvement market value
$11,843,800
Total market value
$14,660,100
Applied tax rate
5.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1997
Heating
NONE
Total area
8,046 SF
Lot
31.92 ac (1,390,435 SF)
Zoning code
C
APN
12-083A- A-009
UPID
US22-0942756
Jurisdiction
CLAYTON
Zoning & alternative use
C · Morrow, GAZoning C · permitted uses
C · Morrow, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
1997
Heating
NONE
Lot
31.92 ac
Current owner
From public records · entity-resolved
Vault Avenida Morrow Gw LLC
Entity
Free & Clear · 3 yrs held
Mailing address
3665 FISHINGER BLVD, HILLIARD, OH 43026-7558
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Aug 15, 2022
$2,779,000
Vault Avenida Morrow Gw LLC
Uspg Portfolio Five LLC
Warranty Deed
—
Mar 29, 2022
$1,400,000
Wg Morrow LLC
Uspg Portfolio Five LLC
Warranty Deed
—
Sep 23, 2019
—
R & R Atlanta Real Estate LLC
Uspg Portfolio Five LLC
Quit Claim Deed
related
—
Sep 23, 2019
$1,000,000
R & R Atlanta Real Estate LLC
Uspg Portfolio Five LLC
Grant Deed
—
Mar 15, 2018
—
Uspg Portfolio Five LLC
—
Grant Deed
related
$72,000,000 · Us Bk
May 17, 2016
$1,478,900
Jackmont Hospitality INC
Uspg Portfolio Five LLC
Trustees Deed
$77,500,000 · Brightwood Loan Services Brightwood Loan Services
Oct 6, 2014
$7,595,100
Realty Income Props 11 LLC
Uspg Portfolio Five LLC
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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