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Property profile & analytics
OFF-MARKET
Estimated value
$915,000
Outlet malls
226 Lks Blvd Lake Park, GA 31636-5006
Entity Owned
7-yr Hold
Free & Clear
Property ID
US22-3342324
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2019
Construction
STEEL FRAME
Total area
7,396 SF
Lot
1.24 ac (54,014 SF)
Zoning code
C-C
APN
0199-204
UPID
US22-3342324
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
by Request
CAP Approach
CAP
$900k
Comparable Approach
Comparable
$1.08M
Blend (final)
Blend
$915k
Owner & transaction history
0reilly Automotive Stores INC · 7 yrs held
0reilly Automotive Stores INC
since 2018
3 recorded transactions
Zoning & alternative use
C-C · Lake Park, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.4M
+48.9%
Medical building
$1.3M
+30.1%
Commercial (general)
$965,000
+0.1%
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 Lake Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Park 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%
$975,000
6.5%
$900,000
7%
$835,000
Alternative Use
Use
Estimation
RETAIL STORES
$965,000
Current use
AUTO REPAIR, GARAGE
$1,440,000
Change: +49% · Conversion: Difficult
MEDICAL BUILDING
$1,255,000
Change: +30% · Conversion: Difficult
COMMERCIAL (GENERAL)
$965,000
Change: +0% · Conversion: Easy
WAREHOUSE, STORAGE
$925,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$915k
Range $824k – $1.01M · ±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
$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 2023Property tax & assessments
Tax year 2023
Tax billed
$6,413
Tax year 2023
Assessed value
$217,406
Assessed 2023
Previous assessed
$217,406
+0.0% YoY
Effective rate
2.95%
On assessed value
Assessed land
$77,478
Assessed improvement
$139,928
Land market value
$193,694
Improvement market value
$349,821
Total market value
$543,515
Applied tax rate
12.0000
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
2019
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
CENTRAL
Stories
1
Total area
7,396 SF
Lot
1.24 ac (54,014 SF)
Zoning code
C-C
APN
0199-204
UPID
US22-3342324
Jurisdiction
LOWNDES
Zoning & alternative use
C-C · Lake Park, GA
Zoning C-C · permitted uses
C-C · Lake Park, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$965,000
AUTO REPAIR, GARAGE
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$965,000
WAREHOUSE, STORAGE
Est. value
$925,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
2019
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
Yes
Stories
1
Lot
1.24 ac
Current owner
From public records · entity-resolved
0reilly Automotive Stores INC
Entity
Free & Clear · 7 yrs held
Mailing address
PO BOX 9167, SPRINGFIELD, MO 65801-9167
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 27, 2018
$279,900
0reilly Automotive Stores INC
Don Brotherton Properties LLC
Warranty Deed
—
Apr 10, 2017
—
Don Brotherton Properties LLC
—
Deed
related
$140,000 · Colony Bank
Dec 15, 2016
$900,000
Gob Capital Grp LLC
Colony Bank
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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