Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$9,515,000
Outlet malls
200 Banks Xing Dr Commerce, GA 30529-6607
Entity Owned
3-yr Hold
Free & Clear
Property ID
US22-2872456
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1989
Construction
STEEL FRAME
Total area
101,750 SF
Lot
17.02 ac (741,391 SF)
Zoning code
C2
APN
B55 030
UPID
US22-2872456
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.86M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.59M
Blend (final)
Blend
$9.52M
Owner & transaction history
Banks Crossing Partners LLC · 3 yrs held
Banks Crossing Partners LLC
since 2023
Last sale
$9.5M
4 recorded transactions
Zoning & alternative use
C2 · Commerce, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Sec. 2-212. C-2, General Commercial District. (a) Purpose and intent. The C-2 zoning district is intended to accommodate commercial uses that primarily serve the public traveling by automobile and which benefit from direct access to highways. This district is intended to accommodate a variety of commercial uses that are more intense than neighborhood retail…
Zone name
General Commercial District
General category
COMMERCIAL
Zone area
1,068.69 ac
Source
Zoning Ordinance
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 Commerce submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Commerce 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
$10,935,000
ML approach
$10,855,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.52M
Range $8.56M – $10.47M · ±10% · vs last sale $9.50M (Jan 24 2023)
Last sale anchor
$9.50M
Jan 24 2023
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
$94 / 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
$58,834
Tax year 2023
Assessed value
$2,800,000
Assessed 2023
Previous assessed
$2,800,000
+0.0% YoY
Effective rate
2.10%
On assessed value
Assessed land
$481,972
Assessed improvement
$2,318,028
Land market value
$1,204,930
Improvement market value
$5,795,070
Total market value
$7,000,000
Applied tax rate
7.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1989
Construction
STEEL FRAME
Heating
YES
Cooling
AC.PACKAGE
Buildings
3
Total area
101,750 SF
Lot
17.02 ac (741,391 SF)
Zoning code
C2
APN
B55 030
UPID
US22-2872456
Jurisdiction
BANKS
Zoning & alternative use
C2 · Commerce, GAZoning C2 · permitted uses
C2 · Commerce, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Sec. 2-212. C-2, General Commercial District. (a) Purpose and intent. The C-2 zoning district is intended to accommodate commercial uses that primarily serve the public traveling by automobile and which benefit from direct access to highways. This district is intended to accommodate a variety of commercial uses that are more intense than neighborhood retail uses outside of residential areas along arterial streets and highways. Uses permitted in this district may generate odor, dust, noise, vibration, or traffic congestion and such uses are not necessarily conducted within
Zone name
General Commercial District
General category
COMMERCIAL
Zone area
1,068.69 ac
Source
Zoning Ordinance
Building & site characteristics
From public records
Year built
1989
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Buildings
3
Lot
17.02 ac
Current owner
From public records · entity-resolved
Banks Crossing Partners LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1460 WALDEN AVE, LAKEWOOD, NJ 08701-1547
Ownership since
2023
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
Jan 24, 2023
—
Banks Crossing Partners LLC
Banks Crossing Partners LLC
Limited Warranty Deed
—
Jan 24, 2023
$9,500,000
Shoppes At Commerce LLC
Banks Crossing Partners LLC Etal
Limited Warranty Deed
$6,650,000 · Standard Insurance
Aug 15, 2014
$6,100,000
Banks Crossing Partners LLC
Brc Commerce LLC
Limited Warranty Deed
$4,650,000 · Branch Banking & Trust
Aug 15, 2014
—
Banks Crossing Partners LLC
Brc Commerce LLC
Quit Claim Deed
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 200 Banks Xing Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
