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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Strip malls
1955 Hwy 138th NE Conyers, GA 30013-1219
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US22-1594881
Property summary
AI-generated overview
The Shops at East View, located at 1955 Hwy 138 SE in Conyers, Georgia 30013, offers exceptional retail space in a prime location. This multi-tenant property boasts a total of 14,400 square feet, with 6,000 square feet currently vacant and available for lease. Units are divisible to a minimum of 1,200 square feet and can be combined for larger tenants needing up to 4,800 contiguous square feet. The property enjoys excellent visibility due to its direct Highway 138 frontage, ensuring high traffic exposure for businesses. Its convenient location offers easy access to Interstate 20, further enhancing its accessibility and appeal to a wide customer base. This presents a unique opportunity for businesses seeking a well-situated retail space in a thriving Rockdale County market. The property is ideal for a variety of retail uses, providing ample space for both smaller and larger businesses to establish a strong presence in the Conyers area. Interested parties are encouraged to inquire about lease terms and availability.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2004
Construction
CONCRETE
Total area
15,600 SF
Lot
2.04 ac (88,862 SF)
Zoning code
BG
APN
071-0-01-0037
UPID
US22-1594881
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
-
Jym N Juice Fitness Gym & Fitness Center
-
ISLAND VIBES CARIBBEAN KITCHEN AND CATERING Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$475k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$944k
Blend (final)
Blend
$710k
Owner & transaction history
Shops At East View Owner LLC · 7 yrs held
Shops At East View Owner LLC
since 2019
4 recorded transactions
Zoning & alternative use
BG · Conyers, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.2M
+19.0%
Auto repair, garage
$1.1M
+14.7%
Office building
$1.1M
+11.3%
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 Conyers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conyers 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
$475,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$970,000
Current use
RETAIL STORES
$1,155,000
Change: +19% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,115,000
Change: +15% · Conversion: Difficult
OFFICE BUILDING
$1,080,000
Change: +11% · Conversion: Moderate
Blend value · Realmo final
$710k
Range $639k – $781k · ±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
$46 / 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
$31,222
Tax year 2023
Assessed value
$560,000
Assessed 2023
Previous assessed
$560,000
+0.0% YoY
Effective rate
5.58%
On assessed value
Assessed land
$106,600
Assessed improvement
$453,400
Land market value
$266,500
Improvement market value
$1,133,500
Total market value
$1,400,000
Applied tax rate
2.0000
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
2004
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
15,600 SF
Lot
2.04 ac (88,862 SF)
Zoning code
BG
APN
071-0-01-0037
UPID
US22-1594881
Jurisdiction
ROCKDALE
Zoning & alternative use
BG · Conyers, GA
Zoning BG · permitted uses
BG · Conyers, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Conyers. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$970,000
RETAIL STORES
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
AUTO REPAIR, GARAGE
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
2004
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
2.04 ac
Current owner
From public records · entity-resolved
Shops At East View Owner LLC
Entity
Mailing address
800 MT VERNON HWY NE STE #425, ATLANTA, GA 30328-4226
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 19, 2019
—
Shops At East View Owner LLC
Shops At East View Owners Ll
Quit Claim Deed
related
$1,050,000 · Readycap Com'l
Feb 19, 2019
$1,400,000
Shops At East View Owner LLC
Shops At East View LLC
Grant Deed
related
$1,050,000 · Readycap Com'l
Mar 20, 2018
—
Shops At East View LLC
—
Deed
related
$1,078,411 · Greater Cmnty Bk
—
—
Shops At East View LLC
—
Loan Modification
related
$1,078,411 · Greater Cmnty 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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