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Property profile & analytics
OFF-MARKET
Estimated value
$1,815,000
Drug stores
3285 New Macland Rd Powder Springs, GA 30127-1742
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US22-1255934
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
1997
Total area
10,666 SF
Lot
1.23 ac (53,452 SF)
Zoning code
CRC
APN
19072500150
UPID
US22-1255934
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
-
Dollar Tree Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.88M
CAP Approach
CAP
$2.31M
Comparable Approach
Comparable
$1.90M
Blend (final)
Blend
$1.82M
Owner & transaction history
Exchangeright Net Leased Portfolio · 4 yrs held
Exchangeright Net Leased Portfolio
since 2022
Last sale
$1.7M
2 recorded transactions
Zoning & alternative use
CRC · Powder Springs, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The CRC Zoning District is established to accommodate commercial uses serving a citywide or regional market
Zone name
Community Retail Commercial District
General category
COMMERCIAL
Zone area
337.73 ac
Source
Realmo
Top alternative use upside
Medical building
$2.6M
+18.5%
Apartment house (5+ units)
$2.3M
+3.1%
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 Powder Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Powder Springs 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
$1,830,000
ML approach
$1,875,000
CAP Approach
CAP Return
Estimation
6%
$2,500,000
6.5%
$2,310,000
7%
$2,145,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,210,000
Current use
MEDICAL BUILDING
$2,620,000
Change: +19% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,280,000
Change: +3% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,125,000
Change: -4% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,090,000
Change: -5% · Conversion: Moderate
Blend value · Realmo final
$1.82M
Range $1.63M – $2.00M · ±10% · vs last sale $1.74M (Jan 6 2022)
Last sale anchor
$1.74M
Jan 6 2022
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
$170 / 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
$15,160
Tax year 2023
Assessed value
$502,816
Assessed 2023
Previous assessed
$502,816
+0.0% YoY
Effective rate
3.02%
On assessed value
Assessed land
$212,072
Assessed improvement
$290,744
Land market value
$530,180
Improvement market value
$726,860
Total market value
$1,257,040
Applied tax rate
5.0000
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
1997
Heating
NONE
Total area
10,666 SF
Lot
1.23 ac (53,452 SF)
Zoning code
CRC
APN
19072500150
UPID
US22-1255934
Jurisdiction
COBB
Zoning & alternative use
CRC · Powder Springs, GAZoning CRC · permitted uses
CRC · Powder Springs, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The CRC Zoning District is established to accommodate commercial uses serving a citywide or regional market
Zone name
Community Retail Commercial District
General category
COMMERCIAL
Zone area
337.73 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$2.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$2.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.1M
RETAIL STORES Current
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1997
Heating
NONE
Lot
1.23 ac
Current owner
From public records · entity-resolved
Exchangeright Net Leased Portfolio
Individual
Mailing address
1055 E COLORADO BLVD STE #310, PASADENA, CA 91106-2374
Ownership since
2022
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
Jan 6, 2022
$1,735,000
Exchangeright Net Leased Portfolio
West Cobb Plaza Equities LLC
Limited Warranty Deed
$86,000,000 · Citi Real Estate Funding LLC
Jan 6, 2022
—
Exchangerigfet Net Leased Portfolio
West Cobb Plaza Equities LLC
Assignment Of Lease (leasehold Sale)
—
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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