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Property profile & analytics
OFF-MARKET
Estimated value
$2,860,000
Community centers
242 Stockbridge Rd Jonesboro, GA 30236-3674
Entity Owned
Absentee Owner
Free & Clear
Property ID
US22-1116805
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1991
Total area
71,692 SF
Lot
11.4 ac (496,671 SF)
Zoning code
C
APN
12-017D- B-003
UPID
US22-1116805
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
-
Roxie Cookies (Bike/Boat/Book/etc) Store Bakery
-
Creekside Plaza Shopping Center & Mall
-
Nails By Tiara Nail Salon
-
Nu-Dawn Beauty Salon & Day Spa Hair Salon Nail Salon
-
Exquiste Glam Bar Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.89M
Blend (final)
Blend
$2.86M
Owner & transaction history
Empire Plaza LLC
Empire Plaza LLC
since 2025
5 recorded transactions
Zoning & alternative use
C · Jonesboro, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Jonesboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jonesboro 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
Blend value · Realmo final
$2.86M
Range $2.57M – $3.15M · ±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
$40 / 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
$40,572
Tax year 2024
Assessed value
$1,040,000
Assessed 2024
Previous assessed
$1,040,000
+0.0% YoY
Effective rate
3.90%
On assessed value
Assessed land
$119,080
Assessed improvement
$920,920
Land market value
$297,700
Improvement market value
$2,302,300
Total market value
$2,600,000
Applied tax rate
4.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1991
Heating
NONE
Total area
71,692 SF
Lot
11.4 ac (496,671 SF)
Zoning code
C
APN
12-017D- B-003
UPID
US22-1116805
Jurisdiction
CLAYTON
Zoning & alternative use
C · Jonesboro, GA
Zoning C · permitted uses
C · Jonesboro, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jonesboro. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1991
Heating
NONE
Lot
11.4 ac
Current owner
From public records · entity-resolved
Empire Plaza LLC
Entity
Free & Clear · 0 yrs held
Mailing address
3003 HTS AVE SW, CONYERS, GA 30094-5686
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 30, 2025
—
Empire Plaza LLC
Patricia Ifeanyi Okwuosa
Warranty Deed
—
Aug 5, 2019
$1,500,000
Patricia I Okwuosa
242 Stockbridge LLC
Grant Deed
$1,325,000 · 242 Stockbridge LLC
Apr 18, 2014
$550,100
242 Stockbridge LLC
Branch Bkng & Trust Co
Grant Deed
—
Jun 9, 2011
$1,630,000
Branch Bkng & Trust Co
Creekside Plaza LLC
Trustees Deed
related
—
Oct 8, 2004
$3,200,000
Creekside Plaza LLC
Bright-jonesboro Assoc
Grant Deed
$2,240,000 · Colonial 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.
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