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Property profile & analytics
OFF-MARKET
Estimated value
$1,395,000
Retail space
401 Riverside Pkwy Austell, GA 30168-7270
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0081673
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2001
Total area
9,928 SF
Lot
0.78 ac (33,846 SF)
Zoning code
GC
APN
18059100110
UPID
US22-0081673
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
-
Family Dollar Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.45M
Blend (final)
Blend
$1.40M
Owner & transaction history
367 401 Riverside Pkwy LLC · 3 yrs held
367 401 Riverside Pkwy LLC
since 2022
3 recorded transactions
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
Apartment house (5+ units)
$2.1M
+91.4%
Auto repair, garage
$2.0M
+78.2%
Neighborhood: shopping center
$1.9M
+75.4%
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
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
RETAIL STORES
$1,110,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,120,000
Change: +91% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,975,000
Change: +78% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,945,000
Change: +75% · Conversion: Moderate
OFFICE BUILDING
$1,620,000
Change: +46% · Conversion: Easy
Blend value · Realmo final
$1.40M
Range $1.26M – $1.53M · ±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
$141 / 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
$14,601
Tax year 2024
Assessed value
$433,920
Assessed 2024
Previous assessed
$352,000
+23.3% YoY
Effective rate
3.36%
On assessed value
Assessed land
$120,752
Assessed improvement
$313,168
Land market value
$301,880
Improvement market value
$782,920
Total market value
$1,084,800
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2001
Heating
NONE
Total area
9,928 SF
Lot
0.78 ac (33,846 SF)
Zoning code
GC
APN
18059100110
UPID
US22-0081673
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
RETAIL STORES Current
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$2.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.9M
OFFICE BUILDING
Est. value
$1.6M
RETAIL STORES Current
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
2001
Heating
NONE
Lot
0.78 ac
Current owner
From public records · entity-resolved
367 401 Riverside Pkwy LLC
Entity
Free & Clear · 3 yrs held
Mailing address
5855 SANDY SPGS CIR STE #290, SANDY SPRINGS, GA 30328-6277
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 29, 2022
—
367 401 Riverside Pkwy LLC
The Lansky Partnership Lllp
Warranty Deed
—
Oct 27, 2003
$1,460,000
Lansky Ptshp Lllp
Im Ents INC
Grant Deed
—
Apr 28, 2000
$25,000
I M Enterprises INC
James T Gunter
Warranty Deed
—
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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