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Property profile & analytics
OFF-MARKET
Estimated value
$11,685,000
Outlet malls
2940 Anvil Block Rd Ellenwood, GA 30294-2403
Individually Owned
17-yr Hold
Free & Clear
Property ID
US22-0798418
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2007
Total area
188,589 SF
Lot
27.76 ac (1,209,226 SF)
Zoning code
PUD
APN
12-235B- A-043
UPID
US22-0798418
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
-
Walmart Pharmacy Pharmacy
-
S & G Plumbing, Heating & Air Conditioning Plumbing Service General Contractor
-
Walmart Photo Center (Bike/Boat/Book/etc) Store
-
Distinguished Styles Barber Services And Salon Barber Shop
-
ecoATM Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$13.81M
Blend (final)
Blend
$11.69M
Owner & transaction history
Eric S Zorn · 17 yrs held
Eric S Zorn
since 2008
4 recorded transactions
Zoning & alternative use
PUD · Ellenwood, 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 Ellenwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ellenwood 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
$11.69M
Range $10.52M – $12.85M · ±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
$62 / 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
$227,939
Tax year 2024
Assessed value
$5,842,800
Assessed 2024
Previous assessed
$4,920,000
+18.8% YoY
Effective rate
3.90%
On assessed value
Assessed land
$1,209,240
Assessed improvement
$4,633,560
Land market value
$3,023,100
Improvement market value
$11,583,900
Total market value
$14,607,000
Applied tax rate
8.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2007
Heating
NONE
Total area
188,589 SF
Lot
27.76 ac (1,209,226 SF)
Zoning code
PUD
APN
12-235B- A-043
UPID
US22-0798418
Jurisdiction
CLAYTON
Zoning & alternative use
PUD · Ellenwood, GA
Zoning PUD · permitted uses
PUD · Ellenwood, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ellenwood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Heating
NONE
Lot
27.76 ac
Current owner
From public records · entity-resolved
Eric S Zorn
Individual
Free & Clear · 17 yrs held
Mailing address
PO BOX 8050, BENTONVILLE, AR 72712-8055
Ownership since
2008
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
Aug 12, 2008
$20,810,372
Eric S Zorn
Wal,mart Stores East LP
Grant Deed
—
Jan 31, 2007
$2,775,900
Mart Stores East LP Wal
Villages Of Ellenwood LLC
Grant Deed
—
Nov 24, 2004
$1,823,300
Villages Of Ellenwood LLC
Albert L Henderson JR Trust
Grant Deed
—
Nov 24, 2004
—
Villages Of Ellenwood LLC
Gellerstedy,lawrence L JR
Grant Deed
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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