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Property profile & analytics
OFF-MARKET
Strip malls
4185 Jonesboro Rd Forest Park, GA 30297-1037
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1048191
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1964
Total area
3,840 SF
Lot
0.57 ac (24,699 SF)
Zoning code
C
APN
13-015D- A-006
UPID
US22-1048191
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
-
Judy's Hair Studio Barber Shop
-
Kick Tax Solutions Consultant
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
Southpoint USA Corp · 10 yrs held
Southpoint USA Corp
since 2016
7 recorded transactions
Zoning & alternative use
C · Forest Park, 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 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
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 2024Property tax & assessments
Tax year 2024
Tax billed
$4,805
Tax year 2024
Assessed value
$137,800
Assessed 2024
Previous assessed
$112,000
+23.0% YoY
Effective rate
3.49%
On assessed value
Assessed land
$29,640
Assessed improvement
$108,160
Land market value
$74,100
Improvement market value
$270,400
Total market value
$344,500
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1964
Heating
NONE
Total area
3,840 SF
Lot
0.57 ac (24,699 SF)
Zoning code
C
APN
13-015D- A-006
UPID
US22-1048191
Jurisdiction
CLAYTON
Zoning & alternative use
C · Forest Park, GA
Zoning 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
Forest Park. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1964
Heating
NONE
Lot
0.57 ac
Current owner
From public records · entity-resolved
Southpoint USA Corp
Entity
Free & Clear · 10 yrs held
Mailing address
23619 DOLCI LN, RICHMOND, TX 77406-1514
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2016
$345,000
Southpoint USA Corp
4185 Jonesboro Retail LLC
Grant Deed
—
Jan 14, 2016
—
4185 Jonesboro Retail LLC
Anderson,e Thornton
Quit Claim Deed
related
—
Dec 10, 2015
$150,000
E Thornton Anderson
Koon,jeff
Quit Claim Deed
related
—
Nov 23, 2015
—
Jeff Koon
4185 Jonesboro LLC
Quit Claim Deed
related
—
Apr 1, 2014
—
4185 Jonesboro LLC
Wells Fargo Bk NA
Quit Claim Deed
related
$117,750 · Afb&t
Apr 1, 2014
$152,000
4185 Jonesboro LLC
Wells Fargo Bk NA
Grant Deed
—
Oct 8, 2012
$180,000
Fargo Bk NA Wells
Lee & Cho Corp
Trustees Deed
related
—
Jul 3, 2007
$730,000
Lee Cho Corp
Basi Enterprise INC
Grant Deed
—
Jun 27, 2007
—
Basi Enterprise INC
Basi,gulbarg Singh
Quit Claim Deed
related
—
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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