Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,380,000
Strip malls
2562 Hwy 92nd Fairburn Rd Douglasville, GA 30135
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US22-2283035
Property summary
AI-generated overview
Time Plaza, located at 2562 Fairburn Rd in Lithia Springs, Georgia (zip code 30135), offers a versatile 1,461 square foot office space for lease. This single-story building, part of a larger 20,210 square foot complex, is situated in the Villa Rica/Douglasville submarket of the Atlanta metropolitan area within Douglas County. The property is classified as retail, office, and restaurant space, making it suitable for a variety of businesses. The available space is currently vacant and presents an excellent opportunity for a tenant seeking a flexible layout. The building itself consists of one structure with multiple tenants. The property's location in Douglasville provides convenient access to major transportation routes and amenities within the Atlanta area. This is a traditional office space ideal for businesses seeking a well-located and adaptable workspace. The address is easily accessible and visible from Fairburn Road. The space is ready for immediate occupancy. Interested parties should inquire about lease terms and conditions.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2008
Construction
WOOD FRAME
Total area
20,677 SF
Lot
2.36 ac (102,802 SF)
Zoning code
C-H
APN
0130-01-5- -00076
UPID
US22-2283035
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
-
Only Occasions Party Supply Store Rental Equipment Company
-
One Love Tattoo Tattoo & Piercing Shop
-
Laval's Venue Wedding Service
-
The Brick Mill Company LLC (Bike/Boat/Book/etc) Store
-
Jewel's Treats & More Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.42M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.44M
Blend (final)
Blend
$2.38M
Owner & transaction history
Fairburn Time Plaza LLC · 4 yrs held
Fairburn Time Plaza LLC
since 2021
Last sale
$2.3M
2 recorded transactions
Zoning & alternative use
C-H · Douglasville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.4M
+43.1%
Office building
$3.0M
+23.5%
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 Douglasville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Douglasville 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
$2,365,000
ML approach
$2,415,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,390,000
Current use
RETAIL STORES
$3,425,000
Change: +43% · Conversion: Easy
OFFICE BUILDING
$2,955,000
Change: +24% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,315,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$2.38M
Range $2.14M – $2.62M · ±10% · vs last sale $2.35M (Dec 9 2021)
Last sale anchor
$2.35M
Dec 9 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
$115 / 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
$32,831
Tax year 2023
Assessed value
$1,032,320
Assessed 2023
Previous assessed
$1,032,320
+0.0% YoY
Effective rate
3.18%
On assessed value
Assessed land
$92,120
Assessed improvement
$940,200
Land market value
$230,300
Improvement market value
$2,350,500
Total market value
$2,580,800
Applied tax rate
1.0000
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
2008
Construction
WOOD FRAME
Heating
NONE
Buildings
7
Stories
1
Total area
20,677 SF
Lot
2.36 ac (102,802 SF)
Zoning code
C-H
APN
0130-01-5- -00076
UPID
US22-2283035
Jurisdiction
DOUGLAS
Zoning & alternative use
C-H · Douglasville, GA
Zoning C-H · permitted uses
C-H · Douglasville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Douglasville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.4M
RETAIL STORES
Est. value
$3.4M
OFFICE BUILDING
Est. value
$3.0M
AUTO REPAIR, GARAGE
Est. value
$2.3M
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
OFFICE BUILDING
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
2008
Construction
WOOD FRAME
Heating
NONE
Stories
1
Buildings
7
Lot
2.36 ac
Current owner
From public records · entity-resolved
Fairburn Time Plaza LLC
Entity
Mailing address
1192 TURNWELL PL NW, KENNESAW, GA 30152-2002
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2021
$2,345,000
Fairburn Time Plaza LLC
Jzk Grp LLC
Warranty Deed
$1,993,250 · Southern States Bank
Jul 24, 2007
$825,000
Jzk Group LLC
Robinson & Sons INC
Grant 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2562 Hwy 92nd Fairburn Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
