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Property profile & analytics
OFF-MARKET
Estimated value
$4,755,000
Strip malls
2350 Spg SE Rd Smyrna, GA 30080-2605
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US22-1301091
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1988
Total area
65,334 SF
Lot
6.34 ac (276,127 SF)
Zoning code
GC
APN
17077500010
UPID
US22-1301091
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
-
Farms market Food Market Farmer's Market
-
Apple Beauty Supply (Bike/Boat/Book/etc) Store Cosmetic Store
-
Yong Sheng Massage Alternative Medicine Practice Spa & Massage Center
-
Art of Biryani Restaurant
-
US Cafe Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.55M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.76M
Owner & transaction history
Spring Village LLC · 5 yrs held
Spring Village LLC
since 2021
Last sale
$4.8M
7 recorded transactions
Zoning & alternative use
GC · Smyrna, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The GC district is comprised primarily of existing commercially developed areas within the City of Smyrna. It is the intent in establishing the GC district, to preserve existing commercial areas and encourage the continued concentration of general retail and commercial service activities, including those establishments oriented toward automobile traffic, so…
Zone name
General Commercial
General category
COMMERCIAL
Zone area
717.38 ac
Source
Realmo
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 Smyrna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Smyrna 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
$4,975,000
ML approach
$4,550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.76M
Range $4.28M – $5.23M · ±10% · vs last sale $4.75M (Mar 4 2021)
Last sale anchor
$4.75M
Mar 4 2021
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
$73 / 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
$86,423
Tax year 2024
Assessed value
$3,182,000
Assessed 2024
Previous assessed
$2,720,000
+17.0% YoY
Effective rate
2.72%
On assessed value
Assessed land
$1,658,324
Assessed improvement
$1,523,676
Land market value
$4,145,810
Improvement market value
$3,809,190
Total market value
$7,955,000
Applied tax rate
6.0000
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
1988
Heating
NONE
Total area
65,334 SF
Lot
6.34 ac (276,127 SF)
Zoning code
GC
APN
17077500010
UPID
US22-1301091
Jurisdiction
COBB
Zoning & alternative use
GC · Smyrna, GAZoning GC · permitted uses
GC · Smyrna, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The GC district is comprised primarily of existing commercially developed areas within the City of Smyrna. It is the intent in establishing the GC district, to preserve existing commercial areas and encourage the continued concentration of general retail and commercial service activities, including those establishments oriented toward automobile traffic, so as to promote the orderly development and economic stability of such areas
Zone name
General Commercial
General category
COMMERCIAL
Zone area
717.38 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1988
Heating
NONE
Lot
6.34 ac
Current owner
From public records · entity-resolved
Spring Village LLC
Entity
Mailing address
1649 PO BOX 11266TH CT, CHANDLER, AZ 85248-0005
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2021
—
Spring Village LLC
Quantum National Bank
Quit Claim Deed
related
—
Feb 18, 2013
—
Spring Village LLC
—
Deed Of Trust
related
$1,644,000 · Ga Resource Capital
Sep 26, 2012
—
Spring Village LLC
Smyrna Plantation Pointe LLC
Quit Claim Deed
related
$4,275,000 · Quantum National Bank
Sep 26, 2012
$4,750,000
Spring Village LLC
Smyrna Plantation Pointe LLC
Grant Deed
—
May 22, 2008
$10,500,000
Smyrna Plantation Pointe LLC
Plantation Pointe Shopping Cen
Grant Deed
—
May 21, 2008
$10,500,000
Smyrna Plantation Pointe LLC
Plantation,pointe Shopping
Grant Deed
related
—
Sep 14, 2006
$8,620,000
Pointe Shopping Cen Plantation
E&a Southeast Limited Part
Grant Deed
$6,900,000 · Mortgage Electronics Systems I
—
—
Exclusive Metro Properties LLC
—
Deed Of Trust
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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