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Property profile & analytics
OFF-MARKET
Estimated value
$3,170,000
Strip malls
366 Riverside Pkwy Austell, GA 30168-7339
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0811787
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1988
Total area
12,142 SF
Lot
1.53 ac (66,821 SF)
Zoning code
GC
APN
18059100440
UPID
US22-0811787
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
-
Metro by T-Mobile Mobile Phone Store Electronics & Wireless Store
-
Shane's Jerk Center Restaurant
-
BE BOLD Institute Business Management Consultant
-
Taqueria Magaña Restaurant
-
Magaña Market Grocery & Convenience Store Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.16M
CAP Approach
CAP
$3.00M
Comparable Approach
Comparable
$2.25M
Blend (final)
Blend
$3.17M
Owner & transaction history
Kkr Sons LLC · 6 yrs held
Kkr Sons LLC
since 2020
Last sale
$3.2M
1 recorded transaction
Zoning & alternative use
GC · Austell, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The GC district is established to provide locations for retail commercial and service uses which are oriented toward automotive businesses
Zone name
General Commercial
General category
COMMERCIAL
Zone area
199.26 ac
Source
Realmo
Top alternative use upside
Warehouse, storage
$4.6M
+91.5%
Medical building
$3.0M
+25.4%
Apartment house (5+ units)
$2.6M
+9.1%
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 Austell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Austell 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
$3,390,000
ML approach
$3,155,000
CAP Approach
CAP Return
Estimation
6%
$3,250,000
6.5%
$3,000,000
7%
$2,790,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,380,000
Current use
WAREHOUSE, STORAGE
$4,555,000
Change: +92% · Conversion: Difficult
MEDICAL BUILDING
$2,980,000
Change: +25% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,595,000
Change: +9% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,415,000
Change: +2% · Conversion: Difficult
OFFICE BUILDING
$1,980,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$3.17M
Range $2.85M – $3.49M · ±10% · vs last sale $3.15M (Feb 25 2020)
Last sale anchor
$3.15M
Feb 25 2020
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
$261 / 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
$18,319
Tax year 2024
Assessed value
$544,400
Assessed 2024
Previous assessed
$543,880
+0.1% YoY
Effective rate
3.36%
On assessed value
Assessed land
$190,336
Assessed improvement
$354,064
Land market value
$475,840
Improvement market value
$885,160
Total market value
$1,361,000
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
1988
Heating
NONE
Total area
12,142 SF
Lot
1.53 ac (66,821 SF)
Zoning code
GC
APN
18059100440
UPID
US22-0811787
Jurisdiction
COBB
Zoning & alternative use
GC · Austell, GAZoning GC · permitted uses
GC · Austell, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The GC district is established to provide locations for retail commercial and service uses which are oriented toward automotive businesses
Zone name
General Commercial
General category
COMMERCIAL
Zone area
199.26 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.4M
WAREHOUSE, STORAGE
Est. value
$4.6M
MEDICAL BUILDING
Est. value
$3.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.6M
AUTO REPAIR, GARAGE
Est. value
$2.4M
OFFICE BUILDING
Est. value
$2.0M
NEIGHBORHOOD: SHOPPING CENTER Current
WAREHOUSE, STORAGE
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
1988
Heating
NONE
Lot
1.53 ac
Current owner
From public records · entity-resolved
Kkr Sons LLC
Entity
Mailing address
2021 PAPER BIRCH CV, GRAYSON, GA 30017-1739
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2020
$3,150,000
Kkr Sons LLC
Jio LLC
Grant Deed
$2,047,000 · First Ic Bk
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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