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Property profile & analytics
FOR SALE
Outlet malls
4519 Highway 27 Buchanan, GA 30113
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US22-2675917
For Sale
1 / 2
$849,000
4519 Highway 27, Buchanan, GA 30113
View Listing →
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2002
Construction
STEEL FRAME
Total area
7,440 SF
Lot
2.01 ac (87,556 SF)
Zoning code
C-GB
APN
0059 -0047
UPID
US22-2675917
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
$912k
Blend (final)
Blend
$940k
Owner & transaction history
Nesbitt Properties LLC · 7 yrs held
Nesbitt Properties LLC
since 2018
7 recorded transactions
Zoning & alternative use
C-GB · Buchanan, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$865,000
+18.5%
Commercial (general)
$765,000
+5.0%
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 Buchanan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Buchanan 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
Alternative Use
Use
Estimation
RETAIL STORES
$730,000
Current use
RESTAURANT
$865,000
Change: +19% · Conversion: Easy
COMMERCIAL (GENERAL)
$765,000
Change: +5% · Conversion: Easy
AUTO REPAIR, GARAGE
$640,000
Change: -12% · Conversion: Difficult
MEDICAL BUILDING
$630,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$940k
Range $846k – $1.03M · ±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
$126 / 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
$3,769
Tax year 2023
Assessed value
$140,558
Assessed 2023
Previous assessed
$140,558
+0.0% YoY
Effective rate
2.68%
On assessed value
Assessed land
$10,836
Assessed improvement
$129,722
Land market value
$27,090
Improvement market value
$324,305
Total market value
$351,395
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
For Sale
Year built
2002
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Total area
7,440 SF
Lot
2.01 ac (87,556 SF)
Zoning code
C-GB
APN
0059 -0047
UPID
US22-2675917
Jurisdiction
HARALSON
Zoning & alternative use
C-GB · Buchanan, GA
Zoning C-GB · permitted uses
C-GB · Buchanan, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Buchanan. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$730,000
RESTAURANT
Est. value
$865,000
COMMERCIAL (GENERAL)
Est. value
$765,000
AUTO REPAIR, GARAGE
Est. value
$640,000
MEDICAL BUILDING
Est. value
$630,000
RETAIL STORES Current
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
2002
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Lot
2.01 ac
Current owner
From public records · entity-resolved
Nesbitt Properties LLC
Entity
Mailing address
75 VAN WERT ST, BUCHANAN, GA 30113-4880
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 5, 2018
$360,000
Nesbitt Properties LLC
John W Norton
Warranty Deed
$354,500 · Southern States Bank
Oct 5, 2018
—
John W Norton
Jbj Norton Properties LLC
Quit Claim Deed
—
Jul 2, 2007
—
Jbj Norton Properties LLC
Norton,john W
Quit Claim Deed
related
—
Jul 2, 2007
$330,100
John W Norton
Mcintosh Commercial Bank
Grant Deed
—
Jun 28, 2007
$330,000
John W Norton
Mcintosh Commercial Bank
Grant Deed
—
Jun 28, 2007
—
Jbj Norton Properties LLC
Norton,john W
Quit Claim Deed
related
—
May 3, 2007
$280,000
Mcintosh Commercial Bank
Worth,carl S
Trustees Deed
related
—
May 1, 2007
—
Mcintosh Commercial Bank
Worthy,carl Shane
Grant Deed
related
—
Feb 8, 2007
$100,100
Coml Bk Mcintosh
Worthy,carl S
Trustees Deed
related
—
Feb 6, 2007
—
Mcintosh Commercial Bank
Worthy,carl S
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?”
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