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Property profile & analytics
OFF-MARKET
Estimated value
$770,000
Outlet malls
2035 Shurling Dr Macon, GA 31211-2340
Entity Owned
11-yr Hold
Free & Clear
Property ID
US22-0535962
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2015
Total area
8,180 SF
Lot
1.46 ac (63,598 SF)
Zoning code
C-1
APN
T061-0147
UPID
US22-0535962
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
-
Family Dollar Discount Store
-
Redbox Cinema (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$868k
Blend (final)
Blend
$770k
Owner & transaction history
Josi Family Properties LLC · 11 yrs held
Josi Family Properties LLC
since 2015
6 recorded transactions
Zoning & alternative use
C-1 · Macon, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+45.4%
Commercial (general)
$790,000
+9.3%
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 Macon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Macon 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$720,000
Current use
MEDICAL BUILDING
$1,050,000
Change: +45% · Conversion: Difficult
COMMERCIAL (GENERAL)
$790,000
Change: +9% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$685,000
Change: -5% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$620,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$770k
Range $693k – $847k · ±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
$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
$9,049
Tax year 2023
Assessed value
$305,506
Assessed 2023
Previous assessed
$305,506
+0.0% YoY
Effective rate
2.96%
On assessed value
Assessed land
$76,318
Assessed improvement
$229,188
Land market value
$190,794
Improvement market value
$572,970
Total market value
$763,764
Applied tax rate
11.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2015
Heating
NONE
Stories
1
Total area
8,180 SF
Lot
1.46 ac (63,598 SF)
Zoning code
C-1
APN
T061-0147
UPID
US22-0535962
Jurisdiction
BIBB
Zoning & alternative use
C-1 · Macon, GA
Zoning C-1 · permitted uses
C-1 · Macon, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Macon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$720,000
MEDICAL BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$790,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$685,000
INDUSTRIAL (GENERAL)
Est. value
$620,000
RETAIL STORES Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (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
2015
Heating
NONE
Stories
1
Lot
1.46 ac
Current owner
From public records · entity-resolved
Josi Family Properties LLC
Entity
Free & Clear · 11 yrs held
Mailing address
500 VOLVO PKWY, CHESAPEAKE, VA 23320-1604
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 16, 2015
$1,663,000
Josi Family Properties LLC
Boothandle Investments LLC
Warranty Deed
—
Jul 6, 2015
—
Boothandle Investments LLC
3d Boothandle LLC
Quit Claim Deed
—
Jan 13, 2015
$279,900
3d Boothandle LLC
Shurling Drive Ventures LLC
Grant Deed
—
Jan 13, 2015
—
3d Boothandle LLC
Shurling Drive Ventures LLC
Grant Deed
related
$1,296,018 · Mrv Banks
Nov 26, 2014
$53,000
Shurling Drive Ventures LLC
Magnolia St Bk
Grant Deed
—
Oct 15, 2007
$52,965
Magnolia State Bank
Wheeler,van B
Trustees 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.
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