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Property profile & analytics
OFF-MARKET
Estimated value
$12,085,000
Community centers
2550 Pleasant Hl Rd Duluth, GA 30096-4122
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US22-1585100
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2004
Total area
58,188 SF
Lot
13.34 ac (581,090 SF)
Zoning code
C2-GENERAL BUSINESS
APN
6-236 -009
UPID
US22-1585100
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
-
Missy Cosmetics At Pleasant Hill Rd Cosmetic Store
-
Jay H. Ahn DMD Dental Office
-
Pika Pika Hair Salon Hair Salon
-
My Choice Insurance & Medicare 최선호 보험 Insurance Agency
-
김낙준 김필라 변호사 사무실 Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$14.39M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.09M
Owner & transaction history
Park Village Shopping Center LLC · 20 yrs held
Park Village Shopping Center LLC
since 2005
3 recorded transactions
Zoning & alternative use
C2-GENERAL BUSINESS · Duluth, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$18.6M
+21.6%
Retail stores
$15.7M
+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%
$15,585,000
6.5%
$14,385,000
7%
$13,360,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$15,330,000
Current use
MEDICAL BUILDING
$18,640,000
Change: +22% · Conversion: Difficult
RETAIL STORES
$15,720,000
Change: +3% · Conversion: Easy
Blend value · Realmo final
$12.09M
Range $10.88M – $13.29M · ±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
$208 / 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
$216,072
Tax year 2023
Assessed value
$6,731,200
Assessed 2023
Previous assessed
$6,731,200
+0.0% YoY
Effective rate
3.21%
On assessed value
Assessed land
$1,334,000
Assessed improvement
$5,397,200
Land market value
$3,335,000
Improvement market value
$13,493,000
Total market value
$16,828,000
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
2004
Heating
YES
Cooling
NONE
Buildings
4
Stories
1
Rooms
8
Bathrooms
2
Total area
58,188 SF
Lot
13.34 ac (581,090 SF)
Zoning code
C2-GENERAL BUSINESS
APN
6-236 -009
UPID
US22-1585100
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
$15.3M
MEDICAL BUILDING
Est. value
$18.6M
RETAIL STORES
Est. value
$15.7M
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
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
2004
Heating
YES
Cooling
Yes
Stories
1
Buildings
4
Rooms
8
Bathrooms
2
Lot
13.34 ac
Current owner
From public records · entity-resolved
Park Village Shopping Center LLC
Entity
Mailing address
7775 MCGINNIS FRY RD STE #201, JOHNS CREEK, GA 30024-4963
Ownership since
2005
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
Dec 22, 2005
—
Park Village Shopping Center LLC
Timberton Properties LLC
Grant Deed
related
$18,000,000 · General Electric Capital Corp
Feb 23, 2004
—
Timberton Prop LLC
Leland,joyce G
Grant Deed
related
—
—
—
Park Village Shopping Center L
—
Deed Of Trust
related
$15,000,000 · Miscellaneous Ins Co
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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