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Property profile & analytics
OFF-MARKET
Estimated value
$2,235,000
Strip malls
200 Louise St B Clarkesville, GA 30523-6030
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1428539
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2004
Total area
18,036 SF
Lot
1.96 ac (85,378 SF)
Zoning code
HB
APN
104 140B
UPID
US22-1428539
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
-
Verizon Telecommunications Service Data Center
-
CLARKESVILLE PACKAGE STORE (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Cellular Center Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.19M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.24M
Owner & transaction history
Sk Beverage INC · 4 yrs held
Sk Beverage INC
since 2022
Last sale
$2.3M
1 recorded transaction
Zoning & alternative use
HB · Clarkesville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Highway Business District is intended to provide adequate space for various types of general business uses that serve residents on a broader community level, including the retailing of major goods and services of large scale, automotive and other types of more intensive commercial activities and establishments that rely on highway-oriented traffic
Zone name
Highway Business District
General category
COMMERCIAL
Zone area
190.33 ac
Source
Realmo
Top alternative use upside
Apartment house (5+ units)
$2.1M
+89.0%
Commercial (general)
$1.8M
+62.1%
Restaurant
$1.8M
+59.4%
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 Clarkesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clarkesville 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
$2,095,000
ML approach
$2,190,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,085,000
Change: +89% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,790,000
Change: +62% · Conversion: Easy
RESTAURANT
$1,760,000
Change: +59% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,730,000
Change: +57% · Conversion: Difficult
Blend value · Realmo final
$2.24M
Range $2.01M – $2.46M · ±10% · vs last sale $2.33M (Apr 7 2022)
Last sale anchor
$2.33M
Apr 7 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
$124 / 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
$10,885
Tax year 2024
Assessed value
$419,368
Assessed 2024
Previous assessed
$400,452
+4.7% YoY
Effective rate
2.60%
On assessed value
Assessed land
$50,960
Assessed improvement
$368,408
Land market value
$127,400
Improvement market value
$921,020
Total market value
$1,048,420
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
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Bathrooms
4
Total area
18,036 SF
Lot
1.96 ac (85,378 SF)
Zoning code
HB
APN
104 140B
UPID
US22-1428539
Jurisdiction
HABERSHAM
Zoning & alternative use
HB · Clarkesville, GAZoning HB · permitted uses
HB · Clarkesville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Highway Business District is intended to provide adequate space for various types of general business uses that serve residents on a broader community level, including the retailing of major goods and services of large scale, automotive and other types of more intensive commercial activities and establishments that rely on highway-oriented traffic
Zone name
Highway Business District
General category
COMMERCIAL
Zone area
190.33 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$1.8M
RESTAURANT
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.7M
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
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
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Bathrooms
4
Lot
1.96 ac
Current owner
From public records · entity-resolved
Sk Beverage INC
Entity
Mailing address
3185 S CP BR RD, BUFORD, GA 30519-4446
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 7, 2022
$2,325,000
Sk Beverage INC
Clarkesville Property Co LLC
Warranty 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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