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Property profile & analytics
OFF-MARKET
Estimated value
$6,140,000
Outlet malls
202 Davis Blvd Bremen, GA 30110-2506
Entity Owned
3-yr Hold
Free & Clear
Property ID
US22-0278668
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2021
Total area
22,552 SF
Lot
3.74 ac (162,914 SF)
Zoning code
2
APN
Z52- -0082
UPID
US22-0278668
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
-
Tractor Supply Co. Pet Store & Service
-
Garden Center at Tractor Supply Garden Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.40M
CAP Approach
CAP
$4.88M
Comparable Approach
Comparable
$4.94M
Blend (final)
Blend
$6.14M
Owner & transaction history
Agree Limited Partnership · 3 yrs held
Agree Limited Partnership
since 2022
Last sale
$6.0M
1 recorded transaction
Zoning & alternative use
2 · Bremen, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Zoning Map
Top alternative use upside
Medical building
$9.7M
+170.8%
Commercial (general)
$3.9M
+9.6%
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 Bremen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bremen 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
$7,730,000
ML approach
$7,400,000
CAP Approach
CAP Return
Estimation
6%
$5,285,000
6.5%
$4,880,000
7%
$4,530,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$9,680,000
Change: +171% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,920,000
Change: +10% · Conversion: Easy
Blend value · Realmo final
$6.14M
Range $5.53M – $6.75M · ±10% · vs last sale $5.95M (Sep 20 2022)
Last sale anchor
$5.95M
Sep 20 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
$272 / 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
$31,066
Tax year 2023
Assessed value
$1,045,912
Assessed 2023
Previous assessed
$1,045,912
+0.0% YoY
Effective rate
2.97%
On assessed value
Assessed land
$299,200
Assessed improvement
$746,712
Land market value
$748,000
Improvement market value
$1,866,780
Total market value
$2,614,780
Applied tax rate
9.0000
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
2021
Total area
22,552 SF
Lot
3.74 ac (162,914 SF)
Zoning code
2
APN
Z52- -0082
UPID
US22-0278668
Jurisdiction
CARROLL
Zoning & alternative use
2 · Bremen, GAZoning 2 · permitted uses
2 · Bremen, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Map
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$9.7M
COMMERCIAL (GENERAL)
Est. value
$3.9M
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
2021
Lot
3.74 ac
Current owner
From public records · entity-resolved
Agree Limited Partnership
Entity
Free & Clear · 3 yrs held
Mailing address
5401 VIRGINIA WAY, BRENTWOOD, TN 37027-7536
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
Sep 20, 2022
$5,950,000
Agree Limited Partnership
Mcp Bremen LLC
Limited 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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