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Property profile & analytics
OFF-MARKET
Outlet malls
416 16th Ave Cordele, GA 31015-1626
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US22-3545103
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1995
Construction
STEEL FRAME
Total area
6,852 SF
Lot
0.34 ac (14,810 SF)
Zoning code
GC
APN
C18-108
UPID
US22-3545103
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
-
G N Food Mart Grocery & Convenience Store
-
ATM (G N Food Mart) Grocery & Convenience Store
-
Advance Auto Parts Auto Parts Store
-
UPS Access Point location Courier Service Postal Service
-
Shri Hari Inc. Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Kavya 17 LLC · 6 yrs held
Kavya 17 LLC
since 2019
1 recorded transaction
Zoning & alternative use
GC · Cordele, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of this district is to provide a commercial district designed to serve the community at-large consisting of a wide variety of sales and service facilities and locations that will be accessible to all shoppers, as well as to the motoring public
Zone name
General Commercial District
General category
COMMERCIAL
Zone area
639.39 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 Cordele submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cordele 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$7,473
Tax year 2023
Assessed value
$199,328
Assessed 2023
Previous assessed
$199,328
+0.0% YoY
Effective rate
3.75%
On assessed value
Assessed land
$86,400
Assessed improvement
$112,928
Land market value
$216,000
Improvement market value
$282,321
Total market value
$498,321
Applied tax rate
2.0000
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
1995
Construction
STEEL FRAME
Heating
FORCED AIR
Total area
6,852 SF
Lot
0.34 ac (14,810 SF)
Zoning code
GC
APN
C18-108
UPID
US22-3545103
Jurisdiction
CRISP
Zoning & alternative use
GC · Cordele, GAZoning GC · permitted uses
GC · Cordele, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of this district is to provide a commercial district designed to serve the community at-large consisting of a wide variety of sales and service facilities and locations that will be accessible to all shoppers, as well as to the motoring public
Zone name
General Commercial District
General category
COMMERCIAL
Zone area
639.39 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1995
Construction
STEEL FRAME
Heating
FORCED AIR
Lot
0.34 ac
Current owner
From public records · entity-resolved
Kavya 17 LLC
Entity
Mailing address
PO BOX 1097, CORDELE, GA 31010-1097
Ownership since
2019
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
Nov 13, 2019
$370,000
Kavya 17 LLC
Girishkumar N Patel
Warranty Deed
$259,696 · Patel Girishkumar N
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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