Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$8,430,000
Community centers
4687 Jonesboro Rd Forest Park, GA 30297
Trust Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-4276181
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1960
Total area
121,349 SF
Lot
10.95 ac (476,982 SF)
Zoning code
C
APN
13-048C- A-001
UPID
US22-4276181
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
$7.80M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.46M
Blend (final)
Blend
$8.43M
Owner & transaction history
Pcs Dixwell Realty Trust · 3 yrs held
Pcs Dixwell Realty Trust
since 2023
Last sale
$7.9M
5 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
$9,055,000
ML approach
$7,795,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.43M
Range $7.59M – $9.27M · ±10% · vs last sale $7.93M (Jul 6 2023)
Last sale anchor
$7.93M
Jul 6 2023
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
$69 / 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
$65,548
Tax year 2024
Assessed value
$1,880,000
Assessed 2024
Previous assessed
$1,880,000
+0.0% YoY
Effective rate
3.49%
On assessed value
Assessed land
$477,000
Assessed improvement
$1,403,000
Land market value
$1,192,500
Improvement market value
$3,507,500
Total market value
$4,700,000
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
1960
Heating
NONE
Total area
121,349 SF
Lot
10.95 ac (476,982 SF)
Zoning code
C
APN
13-048C- A-001
UPID
US22-4276181
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
1960
Heating
NONE
Lot
10.95 ac
Current owner
From public records · entity-resolved
Pcs Dixwell Realty Trust
Trust
Free & Clear · 3 yrs held
Mailing address
240 JAMAICAWAY RD, JAMAICA PLAIN, MA 02130-1738
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Jul 6, 2023
$7,925,000
Pcs Dixwell Realty Trust
Whp Clayton LLC
Warranty Deed
—
Jun 26, 2018
—
Whp Clayton LLC
—
Trustees Deed
related
$17,431 · Synovus Bk
Jul 11, 2013
—
Whp Clayton LLC
Wells Fargo Bk NA
Quit Claim Deed
related
$2,800,000 · Bank Of North Georgia
Jul 11, 2013
$4,000,000
Whp Clayton LLC
Wells Fargo Bk NA
Grant Deed
—
Feb 7, 2013
$4,550,000
Fargo Bk NA Wells
Clayton Plaza INC
Trustees 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 4687 Jonesboro Rd?
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.