Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$9,435,000
Community centers
2255 Pleasant Hl Rd Duluth, GA 30096-2325
Entity Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1923710
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1997
Total area
55,693 SF
Lot
18.07 ac (787,129 SF)
Zoning code
C2-GENERAL BUSINESS
APN
6-231 -134
UPID
US22-1923710
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
-
Canton House Restaurant and Event Hall Hotel & Motel Resort
-
Concrete Xperts Gwinnett Construction Company General Contractor
-
JOANN Fabric and Crafts (Bike/Boat/Book/etc) Store
-
Karma Coated Lines LLC Trucking Company
-
General Transportation Services Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.44M
Owner & transaction history
Wells Fargo Bank NA 2007-2 Tr · 11 yrs held
Wells Fargo Bank NA 2007-2 Tr
since 2014
4 recorded transactions
Zoning & alternative use
C2-GENERAL BUSINESS · Duluth, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$15.0M
+2.5%
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 Duluth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Duluth 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
NEIGHBORHOOD: SHOPPING CENTER
$14,675,000
Current use
RETAIL STORES
$15,045,000
Change: +3% · Conversion: Easy
Blend value · Realmo final
$9.44M
Range $8.49M – $10.38M · ±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
$169 / 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
$205,460
Tax year 2023
Assessed value
$4,620,560
Assessed 2023
Previous assessed
$4,620,560
+0.0% YoY
Effective rate
4.45%
On assessed value
Assessed land
$1,166,720
Assessed improvement
$3,453,840
Land market value
$2,916,800
Improvement market value
$8,634,600
Total market value
$11,551,400
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1997
Heating
YES
Cooling
NONE
Buildings
8
Stories
1
Total area
55,693 SF
Lot
18.07 ac (787,129 SF)
Zoning code
C2-GENERAL BUSINESS
APN
6-231 -134
UPID
US22-1923710
Jurisdiction
GWINNETT
Zoning & alternative use
C2-GENERAL BUSINESS · Duluth, GA
Zoning C2-GENERAL BUSINESS · permitted uses
C2-GENERAL BUSINESS · Duluth, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Duluth. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$14.7M
RETAIL STORES
Est. value
$15.0M
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
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
1997
Heating
YES
Cooling
Yes
Stories
1
Buildings
8
Lot
18.07 ac
Current owner
From public records · entity-resolved
Wells Fargo Bank NA 2007-2 Tr
Entity
Free & Clear · 11 yrs held
Mailing address
1300 METROPOLITAN AVE, BROOKLYN, NY 11237-1104
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
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
Nov 4, 2014
$10,700,000
Wells Fargo Bank NA 2007-2 Tr
Ia Duluth Pleasant Hill LLC
Trustees Deed
—
Mar 4, 2010
$37,045,296
Ia Duluth Pleasant Hill LLC
Ddrtc Pleasant Hill LLC
Grant Deed
—
May 24, 2007
$45,940,849
Ddrtc Pleasant Hill LLC
Ise Pleasant Hill LLC
Quit Claim Deed
related
$30,458,783 · Bank Of America
May 17, 2000
$34,240,000
Ise Pleasant Hill LLC
Pleasant Hill Square Development
Grant Deed
related
$17,120,000 · Lasalle 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.
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 2255 Pleasant Hl Rd?
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.
