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Property profile & analytics
OFF-MARKET
Estimated value
$3,050,000
Strip malls
1950 Hwy 85 Jonesboro, GA 30238-5653
Entity Owned
4-yr Hold
Free & Clear
Property ID
US22-2832365
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1989
Construction
FRAME
Total area
61,080 SF
Lot
10.51 ac (457,816 SF)
Zoning code
C CH
APN
0552 015
UPID
US22-2832365
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
-
Rios Elite Automotives Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.06M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.09M
Blend (final)
Blend
$3.05M
Owner & transaction history
Bwr Midgard Self Storage 3 LLC · 4 yrs held
Bwr Midgard Self Storage 3 LLC
since 2022
Last sale
$2.5M
5 recorded transactions
Zoning & alternative use
C CH · 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
$3,095,000
ML approach
$3,060,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.05M
Range $2.75M – $3.36M · ±10% · vs last sale $2.50M (Jun 27 2022)
Last sale anchor
$2.50M
Jun 27 2022
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
$50 / 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
$27,864
Tax year 2023
Assessed value
$1,000,000
Assessed 2023
Previous assessed
$722,288
+38.4% YoY
Effective rate
2.79%
On assessed value
Assessed land
$576,000
Assessed improvement
$424,000
Land market value
$1,440,000
Improvement market value
$1,060,000
Total market value
$2,500,000
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
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
1989
Construction
FRAME
Heating
NONE
Stories
1
Total area
61,080 SF
Lot
10.51 ac (457,816 SF)
Zoning code
C CH
APN
0552 015
UPID
US22-2832365
Jurisdiction
FAYETTE
Zoning & alternative use
C CH · Jonesboro, GA
Zoning C CH · permitted uses
C CH · Jonesboro, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jonesboro. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Construction
FRAME
Heating
NONE
Stories
1
Lot
10.51 ac
Current owner
From public records · entity-resolved
Bwr Midgard Self Storage 3 LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1146 CANTON ST, ROSWELL, GA 30075-3641
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2022
$2,500,000
Bwr Midgard Self Storage 3 LLC
Lbc1 Reo LLC
Limited Warranty Deed
—
Sep 3, 2020
$2,772,000
Lbc1 Reo LLC
Lbc1 Trust|highway 34 Center LLC
Foreclosure
related
—
Apr 23, 2007
$2,117,986
Georgia 85 Center LLC
Mga Ventures INC
Grant Deed
—
—
—
Georgia 85 Center LLC
—
Loan Modification
related
$1,933,146 · Bank Of Ga
—
—
Mga,ventures INC
—
Deed Of Trust
related
—
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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