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Property profile & analytics
OFF-MARKET
Estimated value
$1,510,000
Strip malls
3616 Atlanta Hwy Flowery Branch, GA 30542-5764
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1192308
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2004
Total area
15,088 SF
Lot
1.42 ac (61,855 SF)
Zoning code
C-II
APN
08-047 -001-009
UPID
US22-1192308
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
-
Tiger & Dragon Kung Fu School Gainesville Ga Sports School
-
ALICATS Dance & More Training Center
-
El Guanaco Restaurant
-
Mariner Finance Loan Service
-
Southern Magnolia Body Art Studio Tattoo & Piercing Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.74M
Blend (final)
Blend
$1.51M
Owner & transaction history
Nangil Group Oakwood LLC · 11 yrs held
Nangil Group Oakwood LLC
since 2014
3 recorded transactions
Zoning & alternative use
C-II · Flowery Branch, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.4M
+3.5%
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 Flowery Branch submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Flowery Branch 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
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,335,000
Current use
OFFICE BUILDING
$2,420,000
Change: +3% · Conversion: Moderate
RETAIL STORES
$2,315,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$1.51M
Range $1.36M – $1.66M · ±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
$100 / 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
$17,797
Tax year 2024
Assessed value
$608,040
Assessed 2024
Previous assessed
$680,600
-10.7% YoY
Effective rate
2.93%
On assessed value
Assessed land
$77,635
Assessed improvement
$530,405
Land market value
$194,087
Improvement market value
$1,326,013
Total market value
$1,520,100
Applied tax rate
7.0000
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
2004
Heating
HEAT PUMP
Total area
15,088 SF
Lot
1.42 ac (61,855 SF)
Zoning code
C-II
APN
08-047 -001-009
UPID
US22-1192308
Jurisdiction
HALL
Zoning & alternative use
C-II · Flowery Branch, GA
Zoning C-II · permitted uses
C-II · Flowery Branch, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Flowery Branch. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.3M
OFFICE BUILDING
Est. value
$2.4M
RETAIL STORES
Est. value
$2.3M
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE 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
HEAT PUMP
Lot
1.42 ac
Current owner
From public records · entity-resolved
Nangil Group Oakwood LLC
Entity
Mailing address
2460 CLAIRVIEW ST, ALPHARETTA, GA 30009-8308
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
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
Sep 19, 2014
$1,050,000
Nangil Group Oakwood LLC
Oakwood Plaza LLC
Grant Deed
related
$680,000 · Miscellaneous Ins Co
Jan 12, 2006
$2,200,000
Oakwood Plaza LLC
Hobgood Construction Group
Grant Deed
—
May 18, 2004
$400,000
Hobgood Construction Group LLC
Wayne Clark Properties LLC
Warranty Deed
$1,215,500 · Brand Bkng Co Buckhead
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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