New search
Property profile & analytics
OFF-MARKET
Estimated value
$12,890,000
Commercial real estate
4815 Rdg Rd Douglasville, GA 30134-6142
Entity Owned
Absentee Owner
Free & Clear
Property ID
US22-1770535
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2004
Total area
58,858 SF
Lot
10.52 ac (458,251 SF)
Zoning code
B1
APN
241.1.4.024.0000
UPID
US22-1770535
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
-
Kroger Grocery & Convenience Store Food Market
-
Metro by T-Mobile Mobile Phone Store Electronics & Wireless Store
-
American Bodyworks Gym & Fitness Center
-
Additech Gas Station
-
Tropical Illusion Tanning Tanning Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$11.96M
Comparable Approach
Comparable
$16.90M
Blend (final)
Blend
$12.89M
Owner & transaction history
KROGER CO
KROGER CO
Zoning & alternative use
B1 · Douglasville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$15.4M
+52.1%
Medical building
$12.8M
+26.1%
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 Douglasville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Douglasville 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%
$12,950,000
6.5%
$11,955,000
7%
$11,100,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$10,150,000
Current use
OFFICE BUILDING
$15,435,000
Change: +52% · Conversion: Easy
MEDICAL BUILDING
$12,800,000
Change: +26% · Conversion: Easy
RETAIL STORES
$8,350,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$12.89M
Range $11.60M – $14.18M · ±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
$219 / 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
$69,626
Tax year 2023
Assessed value
$2,670,720
Assessed 2023
Previous assessed
$2,670,720
+0.0% YoY
Effective rate
2.61%
On assessed value
Assessed land
$526,000
Assessed improvement
$2,144,720
Land market value
$1,315,000
Improvement market value
$5,361,800
Total market value
$6,676,800
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
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2004
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Rooms
2
Bathrooms
2
Total area
58,858 SF
Lot
10.52 ac (458,251 SF)
Zoning code
B1
APN
241.1.4.024.0000
UPID
US22-1770535
Jurisdiction
PAULDING
Zoning & alternative use
B1 · Douglasville, GA
Zoning B1 · permitted uses
B1 · Douglasville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Douglasville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$10.2M
OFFICE BUILDING
Est. value
$15.4M
MEDICAL BUILDING
Est. value
$12.8M
RETAIL STORES
Est. value
$8.4M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
MEDICAL BUILDING
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
2004
Heating
YES
Cooling
Yes
Stories
1
Rooms
2
Bathrooms
2
Lot
10.52 ac
Current owner
From public records · entity-resolved
KROGER CO
Individual
Free & Clear · 0 yrs held
Mailing address
1014 VINE ST, CINCINNATI, OH 45202-1141
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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 4815 Rdg 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.
