Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$10,375,000
Office buildings
4405 Mall Blvd Union City, GA 30291-2044
Entity Owned
8-yr Hold
Free & Clear
Property ID
US22-0917539
Property profile
Verified
Property type
Office buildings
Use group
SKYSCRAPER/HIGH-RISE (COM OFFICES)
Year built
1974
Total area
38,400 SF
Lot
3 ac (130,680 SF)
Zoning code
GC
APN
09F150100620481
UPID
US22-0917539
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
-
W U Music Inc (Bike/Boat/Book/etc) Store
-
American Discount Mortgage Loan Service Bank
-
Smith Personnel Solutions Employment Agency
-
Workers United Advocacy Group
-
Greater South Fulton Chamber of Commerce Inc Business Service Center Advocacy Group
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.44M
Comparable Approach
Comparable
$13.10M
Blend (final)
Blend
$10.38M
Owner & transaction history
Jhj Shannon Towers LLC · 8 yrs held
Jhj Shannon Towers LLC
since 2018
5 recorded transactions
Zoning & alternative use
GC · Union City, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$12.6M
+24.6%
Medical building
$11.9M
+17.8%
Auto repair, garage
$11.2M
+10.5%
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 Union City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Union City 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%
$9,140,000
6.5%
$8,440,000
7%
$7,835,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$10,130,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$12,615,000
Change: +25% · Conversion: Difficult
MEDICAL BUILDING
$11,930,000
Change: +18% · Conversion: Easy
AUTO REPAIR, GARAGE
$11,190,000
Change: +10% · Conversion: Difficult
COMMERCIAL (GENERAL)
$9,365,000
Change: -8% · Conversion: Easy
RETAIL STORES
$8,805,000
Change: -13% · Conversion: Moderate
Blend value · Realmo final
$10.38M
Range $9.34M – $11.41M · ±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
$270 / 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
$43,502
Tax year 2023
Assessed value
$1,541,200
Assessed 2023
Previous assessed
$1,541,200
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$217,800
Assessed improvement
$1,323,400
Land market value
$544,500
Improvement market value
$3,308,500
Total market value
$3,853,000
Applied tax rate
50.0000
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
Office buildings
Use group
SKYSCRAPER/HIGH-RISE (COM OFFICES)
Status
Off-Market
Year built
1974
Heating
NONE
Stories
1
Total area
38,400 SF
Lot
3 ac (130,680 SF)
Zoning code
GC
APN
09F150100620481
UPID
US22-0917539
Jurisdiction
FULTON
Zoning & alternative use
GC · Union City, GA
Zoning GC · permitted uses
GC · Union City, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Union City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$10.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$12.6M
MEDICAL BUILDING
Est. value
$11.9M
AUTO REPAIR, GARAGE
Est. value
$11.2M
COMMERCIAL (GENERAL)
Est. value
$9.4M
RETAIL STORES
Est. value
$8.8M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
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
1974
Heating
NONE
Stories
1
Lot
3 ac
Current owner
From public records · entity-resolved
Jhj Shannon Towers LLC
Entity
Free & Clear · 8 yrs held
Mailing address
252 SMOKERISE TRCE, PEACHTREE CITY, GA 30269-1378
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2023
—
Jhj Shannon Towers LLC
—
Deed
related
$800,000 · Southern States Bank
Mar 2, 2018
—
Jhj Shannon Towers LLC
Shannon Tower I LLC
Quit Claim Deed
related
—
Mar 2, 2018
$1,215,000
Jhj Shannon Towers LLC
Shannon Tower I LLC
Grant Deed
related
$975,000 · Branch Bk&tr
Nov 5, 2007
—
Avery,clyde H
Shannon Tower I LLC
Warranty Deed
—
Dec 30, 2006
—
Clyde H Avery
Shannon Tower I LLC
Grant 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4405 Mall Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
