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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Strip malls
326 Hwy 138th SW Riverdale, GA 30274-4044
Entity Owned
2-yr Hold
Free & Clear
Property ID
US22-1256709
Property summary
AI-generated overview
This exceptional 2.255-acre commercial lot, located at 326 Highway 138 SW in Riverdale, Georgia (zip code 30274), presents a unique opportunity for investors and developers. The property, zoned COMM, is ideally situated in a high-traffic area of Clayton County, boasting convenient access to major highways, ensuring excellent visibility and accessibility for any commercial venture. Built in 2022, this property offers a blank canvas for your business needs. The land comprises two parcels recently subdivided by Clayton County, providing flexibility in development plans. The asking price for this prime commercial real estate is $585,000. Its location near thriving businesses makes it an attractive investment for those seeking a strategic foothold in a dynamic commercial environment. The property's size and zoning provide ample opportunity for a variety of commercial uses, making it a highly desirable asset in the Riverdale market. This is a rare opportunity to acquire a substantial lot in a thriving commercial area with excellent infrastructure and accessibility.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2006
Total area
4,950 SF
Lot
0.73 ac (31,973 SF)
Zoning code
C
APN
13-203D- C-001
UPID
US22-1256709
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
$585k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$776k
Blend (final)
Blend
$585k
Owner & transaction history
Insight Investments Group LLC · 2 yrs held
Insight Investments Group LLC
since 2024
Last sale
$585,000
5 recorded transactions
Zoning & alternative use
C · Riverdale, 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 Riverdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riverdale 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
$585,000
ML approach
$585,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$700,000
Current use
WAREHOUSE, STORAGE
$685,000
Change: -2% · Conversion: Difficult
MEDICAL BUILDING
$630,000
Change: -10% · Conversion: Difficult
COMMERCIAL (GENERAL)
$615,000
Change: -12% · Conversion: Easy
OFFICE BUILDING
$605,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$585k
Range $527k – $644k · ±10% · vs last sale $585k (Jun 24 2024)
Last sale anchor
$585k
Jun 24 2024
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
$118 / 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
$7,982
Tax year 2024
Assessed value
$204,600
Assessed 2024
Previous assessed
$206,600
-1.0% YoY
Effective rate
3.90%
On assessed value
Assessed land
$38,360
Assessed improvement
$166,240
Land market value
$95,900
Improvement market value
$415,600
Total market value
$511,500
Applied tax rate
6.0000
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
2006
Heating
NONE
Total area
4,950 SF
Lot
0.73 ac (31,973 SF)
Zoning code
C
APN
13-203D- C-001
UPID
US22-1256709
Jurisdiction
CLAYTON
Zoning & alternative use
C · Riverdale, GA
Zoning C · permitted uses
C · Riverdale, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Riverdale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$700,000
WAREHOUSE, STORAGE
Est. value
$685,000
MEDICAL BUILDING
Est. value
$630,000
COMMERCIAL (GENERAL)
Est. value
$615,000
OFFICE BUILDING
Est. value
$605,000
NEIGHBORHOOD: SHOPPING CENTER Current
WAREHOUSE, STORAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
2006
Heating
NONE
Lot
0.73 ac
Current owner
From public records · entity-resolved
Insight Investments Group LLC
Entity
Free & Clear · 2 yrs held
Mailing address
326 HWY 138TH CT SW, RIVERDALE, GA 30274-4044
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Jun 24, 2024
$585,000
Insight Investments Group LLC
Desmond Mcknight
Warranty Deed
—
Jun 28, 2018
—
Desmond
Shake Properties LLC
Quit Claim Deed
related
—
Jun 28, 2018
$315,000
Desmond Mcknight
Shake Properties LLC
Grant Deed
$252,000 · Silver Hill Fndg LLC
Sep 5, 2012
$255,000
Shake Properties LLC
Heritage Bk
Grant Deed
$190,000 · Heritage Bank
Aug 25, 2011
$279,604
Bk Heritage
Flanders,frank B JR & Frank B III
Trustees 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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