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Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Outlet malls
2515 Us Hwy 41st N Sycamore, GA 31790-2201
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1920555
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2016
Construction
CONCRETE
Total area
9,100 SF
Lot
1.25 ac (54,450 SF)
Zoning code
1
APN
S03-045
UPID
US22-1920555
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$680k
Owner & transaction history
Teramore Development LLC · 10 yrs held
Teramore Development LLC
since 2015
4 recorded transactions
Zoning & alternative use
1 · Sycamore, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.1M
+53.8%
Restaurant
$1.0M
+44.0%
Auto repair, garage
$710,000
+0.7%
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 Sycamore submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sycamore 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
$705,000
Current use
OFFICE BUILDING
$1,085,000
Change: +54% · Conversion: Easy
RESTAURANT
$1,015,000
Change: +44% · Conversion: Easy
AUTO REPAIR, GARAGE
$710,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$680k
Range $612k – $748k · ±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
$75 / 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
$5,490
Tax year 2023
Assessed value
$130,909
Assessed 2023
Previous assessed
$130,909
+0.0% YoY
Effective rate
4.19%
On assessed value
Assessed land
$10,393
Assessed improvement
$120,516
Land market value
$25,983
Improvement market value
$301,291
Total market value
$327,274
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
2016
Construction
CONCRETE
Heating
FLOOR/WALL FURNACE
Stories
1
Rooms
6
Bathrooms
1
Total area
9,100 SF
Lot
1.25 ac (54,450 SF)
Zoning code
1
APN
S03-045
UPID
US22-1920555
Jurisdiction
TURNER
Zoning & alternative use
1 · Sycamore, GA
Zoning 1 · permitted uses
1 · Sycamore, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sycamore. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$705,000
OFFICE BUILDING
Est. value
$1.1M
RESTAURANT
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$710,000
RETAIL STORES Current
OFFICE BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
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
2016
Construction
CONCRETE
Heating
FLOOR/WALL FURNACE
Stories
1
Rooms
6
Bathrooms
1
Lot
1.25 ac
Current owner
From public records · entity-resolved
Teramore Development LLC
Entity
Free & Clear · 10 yrs held
Mailing address
965 VIRGINIA AVE, HAPEVILLE, GA 30354-1339
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 27, 2015
$22,000
Teramore Development LLC
Lanier Mccard Humphrey
Warranty Deed
—
Dec 3, 2014
$13,500
Lanier Mccard Humphrey
Colony Bank
Warranty Deed
$12,909 · Colony Bank
Oct 7, 2014
$13,500
Colony Bank
Michael Bryan
Foreclosure
related
—
Jan 12, 2011
$39,000
Michael Bryan
Julian C Elliott JR
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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