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Property profile & analytics
FOR LEASE
Strip malls
191 Jonesboro Rd McDonough, GA 30253
Entity Owned
2-yr Hold
Free & Clear
Property ID
US22-4743688
For Lease
1 / 11
$1,750/Mo
191 Jonesboro Rd, McDonough, GA 30253
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1996
Construction
WOOD
Total area
7,200 SF
Lot
0.65 ac (28,358 SF)
Zoning code
C1
APN
092-01029001
UPID
US22-4743688
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
-
Faithful Guardian Training Center - South Metro Training Center
-
All Cuts Eight Dollars N Up Barber Shop
-
Leslie's (Bike/Boat/Book/etc) Store Hardware & Home Improvement
-
Tdk Home Decor Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$763k
Blend (final)
Blend
$265k
Owner & transaction history
Heritage Group North America LLC · 2 yrs held
Heritage Group North America LLC
since 2024
7 recorded transactions
Zoning & alternative use
C1 · Mcdonough, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Zoning Code Title 17
Top alternative use upside
Office building
$1.2M
+12.7%
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 McDonough submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs McDonough 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
$1,025,000
Current use
OFFICE BUILDING
$1,155,000
Change: +13% · Conversion: Moderate
Blend value · Realmo final
$265k
Range $239k – $292k · ±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
$37 / 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
$9,958
Tax year 2024
Assessed value
$244,600
Assessed 2024
Previous assessed
$244,600
+0.0% YoY
Effective rate
4.07%
On assessed value
Assessed land
$79,400
Assessed improvement
$165,200
Land market value
$198,500
Improvement market value
$413,000
Total market value
$611,500
Applied tax rate
1.0000
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
For Lease
Year built
1996
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
5
Total area
7,200 SF
Lot
0.65 ac (28,358 SF)
Zoning code
C1
APN
092-01029001
UPID
US22-4743688
Jurisdiction
HENRY
Zoning & alternative use
C1 · Mcdonough, GAZoning C1 · permitted uses
C1 · Mcdonough, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Code Title 17
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.0M
OFFICE BUILDING
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE 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
1996
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Bathrooms
5
Lot
0.65 ac
Current owner
From public records · entity-resolved
Heritage Group North America LLC
Entity
Free & Clear · 2 yrs held
Mailing address
191 JONESBORO RD, MCDONOUGH, GA 30253-3794
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 14, 2024
—
Heritage Group North America LLC
Walton Accommodations 130 LLC
Warranty Deed
—
Jan 22, 2024
$1,000,000
Walton Accommodations 130 LLC
Oh Charlie LLC
Warranty Deed
—
Jan 18, 2019
—
Oh Charlie LLC
—
Deed
related
$487,500 · Wells Fargo Bk
Dec 16, 2016
$630,000
Oh Charlie LLC
Top River LLC
Grant Deed
—
Aug 12, 2014
$560,000
Top River LLC
First Intercontinental Bk
Grant Deed
$392,000 · First Intercontinental Bk
Mar 6, 2014
$525,000
Intercontinental Bk First
Mtl Investments LLC
Trustees Deed
related
—
Sep 27, 2004
—
Five Gresham Landing LLC
Amcraft II
Warranty Deed
related
—
—
—
Oh Charlie LLC
—
Deed Of Trust
related
$487,500 · Wells Fargo 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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