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Property profile & analytics
OFF-MARKET
Estimated value
$2,870,000
Outlet malls
4140 Jonesboro Rd Forest Park, GA 30297-1038
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0707899
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1967
Total area
81,900 SF
Lot
7.79 ac (339,332 SF)
Zoning code
C
APN
13-015D- C-007
UPID
US22-0707899
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
-
Coinstar Bank Credit Union
-
LUXX BEAUTY BAR BEAUTY SUPPLY (Bike/Boat/Book/etc) Store Cosmetic Store
-
Hoodoo You Love ATL Metaphysical Supply Store
-
An Viet Social Service Agency Charitable Organization
-
DISCOUNT AUTO INSURANCE CENTER Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.16M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.09M
Blend (final)
Blend
$2.87M
Owner & transaction history
Old Peachtree Properties LLC · 5 yrs held
Old Peachtree Properties LLC
since 2021
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
C · Forest Park, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of the C district is to provide a land use category for a diversity of commercial uses that provide products and services on a regional level
Zone name
Commercial
General category
COMMERCIAL
Zone area
5.70 ac
Source
Realmo
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 Forest Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Forest Park 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
$2,895,000
ML approach
$3,155,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.87M
Range $2.58M – $3.16M · ±10% · vs last sale $2.60M (Jul 2 2021)
Last sale anchor
$2.60M
Jul 2 2021
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
$35 / 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
$32,895
Tax year 2024
Assessed value
$1,109,960
Assessed 2024
Previous assessed
$1,132,640
-2.0% YoY
Effective rate
2.96%
On assessed value
Assessed land
$339,320
Assessed improvement
$770,640
Land market value
$848,300
Improvement market value
$1,926,600
Total market value
$2,774,900
Applied tax rate
3.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1967
Heating
NONE
Total area
81,900 SF
Lot
7.79 ac (339,332 SF)
Zoning code
C
APN
13-015D- C-007
UPID
US22-0707899
Jurisdiction
CLAYTON
Zoning & alternative use
C · Forest Park, GAZoning C · permitted uses
C · Forest Park, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of the C district is to provide a land use category for a diversity of commercial uses that provide products and services on a regional level
Zone name
Commercial
General category
COMMERCIAL
Zone area
5.70 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1967
Heating
NONE
Lot
7.79 ac
Current owner
From public records · entity-resolved
Old Peachtree Properties LLC
Entity
Mailing address
645 ELMWOOD DR NE, ATLANTA, GA 30306-3643
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 17, 2025
—
Old Peachtree Properties LLC
—
Deed
related
$500,000 · First Community Bank
Jul 2, 2021
$2,600,000
Old Peachtree Properties LLC
Ga Discount Plaza LLC
Limited Warranty Deed
$1,700,000 · First Community Bank
May 7, 2018
—
Ga Discount Plaza LLC
—
Deed
related
—
Apr 6, 2018
—
Ga Discount Plaza LLC
—
Deed
related
$810,000 · Noa Bk
Nov 7, 2017
—
Ga Discount Plaza LLC
—
Deed
related
$741,160 · Noa Bk
Nov 7, 2014
$1,250,000
Ga Discount Plaza LLC
Creighton Plaza LLC
Grant Deed
$810,000 · Noa Bk
Jul 18, 2011
$850,000
Creighton Plaza LLC
4140 Jonesboro Road LLC
Grant Deed
—
Apr 6, 2010
—
4140 Jonesboro Road LLC
Kim Long Realty Investment
Grant Deed
related
—
—
—
Kim Long Realty Inv INC
—
Deed Of Trust
related
$3,100,000 · Miscellaneous Ins Co
—
—
Ga Discount Plaza LLC
—
Loan Modification
related
$741,160 · Noa Bk
—
—
Ga Discount Plaza LLC
—
Loan Modification
related
—
—
—
Ga Discount Plaza LLC
—
Loan Modification
related
$810,000 · Noa 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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