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Property profile & analytics
OFF-MARKET
Estimated value
$1,620,000
Community centers
4422 Jonesboro Rd Forest Park, GA 30297-4313
Individually Owned
Absentee Owner
Free & Clear
Property ID
US22-4026790
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1971
Total area
68,057 SF
Lot
8.02 ac (349,351 SF)
Zoning code
C
APN
13-017C- A-008
UPID
US22-4026790
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.04M
Blend (final)
Blend
$1.62M
Owner & transaction history
Josef Haghnazarzade
Josef Haghnazarzade
since 2025
Last sale
$1.9M
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.62M
Range $1.46M – $1.78M · ±10% · vs last sale $1.90M (Jun 19 2025)
Last sale anchor
$1.90M
Jun 19 2025
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
$24 / 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
$27,893
Tax year 2024
Assessed value
$800,000
Assessed 2024
Previous assessed
$800,000
+0.0% YoY
Effective rate
3.49%
On assessed value
Assessed land
$349,360
Assessed improvement
$450,640
Land market value
$873,400
Improvement market value
$1,126,600
Total market value
$2,000,000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1971
Heating
NONE
Total area
68,057 SF
Lot
8.02 ac (349,351 SF)
Zoning code
C
APN
13-017C- A-008
UPID
US22-4026790
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
1971
Heating
NONE
Lot
8.02 ac
Current owner
From public records · entity-resolved
Josef Haghnazarzade
Individual
Free & Clear · 0 yrs held
Mailing address
4311 W LOVERS LN STE #100, DALLAS, TX 75209-2845
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Sep 19, 2025
$1,900,000
Josef Haghnazarzade
Carrollton Mcre LP
Warranty Deed
—
Aug 12, 2016
$471,600
Davis Of Mockingbird Nrh Ltd
Murchison Commercial R/e INC
Grant Deed
—
Apr 21, 2016
$1,850,000
Carrollton Mcre LP
Nunan Joseph C
Grant Deed
—
Aug 4, 2004
$4,200,000
Rebecca,w Te Tr
Forest Park Dev Gp INC
Grant Deed
$3,611,699 · Citizens & Merchants Bk
Apr 5, 2004
—
Forest Park Dev Gp INC
Ndy Realty Inv INC
Warranty Deed
$2,700,000 · Heritage Bk NA-09
—
—
Joseph C Nunan
—
Deed Of Trust
related
$3,153,172 · Bank Of North Georgia
—
—
Nunan Rebecca W
—
Deed Of Trust
related
$3,611,699 · Citizens Bank
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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