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Property profile & analytics
OFF-MARKET
Estimated value
$1,070,000
Strip malls
405 Hwy 96, Bonaire, GA 31005-3852
Entity Owned
6-yr Hold
Free & Clear
Property ID
US22-0652832
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2007
Construction
WOOD
Total area
27,639 SF
Lot
2.18 ac (94,961 SF)
Zoning code
C2
APN
0W1330 020000
UPID
US22-0652832
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
$1.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.18M
Blend (final)
Blend
$1.07M
Owner & transaction history
Jay511 LLC · 6 yrs held
Jay511 LLC
since 2020
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
C2 · Bonaire, 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 Bonaire submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bonaire 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
$840,000
ML approach
$1,100,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.07M
Range $963k – $1.18M · ±10% · vs last sale $1.00M (Apr 22 2020)
Last sale anchor
$1.00M
Apr 22 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
$39 / 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
$17,536
Tax year 2023
Assessed value
$531,840
Assessed 2023
Previous assessed
$531,840
+0.0% YoY
Effective rate
3.30%
On assessed value
Assessed land
$85,440
Assessed improvement
$446,400
Land market value
$213,600
Improvement market value
$1,116,000
Total market value
$1,329,600
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2007
Construction
WOOD
Heating
NONE
Total area
27,639 SF
Lot
2.18 ac (94,961 SF)
Zoning code
C2
APN
0W1330 020000
UPID
US22-0652832
Jurisdiction
HOUSTON
Zoning & alternative use
C2 · Bonaire, GA
Zoning C2 · permitted uses
C2 · Bonaire, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bonaire. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Construction
WOOD
Heating
NONE
Lot
2.18 ac
Current owner
From public records · entity-resolved
Jay511 LLC
Entity
Free & Clear · 6 yrs held
Mailing address
133 RIV VLY TRL, KATHLEEN, GA 31047-2139
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2020
—
Jay511 LLC
Harikrishna B Patel
Quit Claim Deed
related
—
Jul 9, 2014
—
Harikrishna B Patel
Patel,harikrishna B
Quit Claim Deed
related
—
Jul 9, 2014
$1,000,100
Patel,harikrishna B
State Bk & Trust Co
Grant Deed
$1,011,011 · Sunmark Cmnty Bk
Feb 8, 2012
—
State Bk & Trust Co
Piedmont Cmnty Bk
Grant Deed
related
—
Dec 9, 2011
—
State Bk & Trust Co
Piedmont Cmnty Bk
Grant Deed
related
—
Sep 30, 2010
$2,250,465
Cmnty Bk Piedmont
Peach Blossom Dev Co INC
Trustees Deed
related
—
Dec 19, 2005
$395,000
Tab Ents INC
Waldorf,thomas N
Grant 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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