Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,375,000
Super regional malls
4837 Bill Gardner Pkwy Locust Grove, GA 30248-3735
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1838095
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
2020
Construction
STEEL FRAME
Total area
5,949 SF
Lot
0.8 ac (34,848 SF)
Zoning code
C2
APN
112-01023000
UPID
US22-1838095
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
-
Starbucks Cafe & Coffee Shop
-
Peachtree Immediate Care - Locust Grove Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.81M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.38M
Owner & transaction history
Basb 4837 Bill Gardner Parkway LLC · 5 yrs held
Basb 4837 Bill Gardner Parkway LLC
since 2021
Last sale
$4.2M
6 recorded transactions
Zoning & alternative use
C2 · Locust Grove, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$5.5M
+481.5%
Restaurant
$3.6M
+281.1%
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 Locust Grove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Locust Grove 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
$4,230,000
ML approach
$4,810,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$5,520,000
Change: +481% · Conversion: Moderate
RESTAURANT
$3,620,000
Change: +281% · Conversion: Difficult
Blend value · Realmo final
$4.38M
Range $3.94M – $4.81M · ±10% · vs last sale $4.23M (Mar 24 2021)
Last sale anchor
$4.23M
Mar 24 2021
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
$735 / 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
$16,268
Tax year 2024
Assessed value
$468,360
Assessed 2024
Previous assessed
$468,360
+0.0% YoY
Effective rate
3.47%
On assessed value
Assessed land
$195,160
Assessed improvement
$273,200
Land market value
$487,900
Improvement market value
$683,000
Total market value
$1,170,900
Applied tax rate
5.0000
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
2020
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
EVAPORATIVE
Stories
1
Units
1
Rooms
3
Bathrooms
2
Total area
5,949 SF
Lot
0.8 ac (34,848 SF)
Zoning code
C2
APN
112-01023000
UPID
US22-1838095
Jurisdiction
HENRY
Zoning & alternative use
C2 · Locust Grove, GA
Zoning C2 · permitted uses
C2 · Locust Grove, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Locust Grove. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$5.5M
RESTAURANT
Est. value
$3.6M
OFFICE BUILDING
RESTAURANT
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
2020
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
3
Bathrooms
2
Lot
0.8 ac
Current owner
From public records · entity-resolved
Basb 4837 Bill Gardner Parkway LLC
Entity
Free & Clear · 5 yrs held
Mailing address
228 W LANDIS AVE, VINELAND, NJ 08360-8138
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 24, 2021
$4,230,000
Basb 4837 Bill Gardner Parkway LLC
Locust Grove SR Cgp LLC
Warranty Deed
—
Sep 23, 2019
$1,010,000
Locust Grove SR Cgp LLC
4837 Bill Gardner Parkway LLC
Grant Deed
—
Sep 23, 2019
—
Locust Grove SR Cgp LLC
4837 Bill Gardner Parkway Ll
Quit Claim Deed
related
$3,196,000 · Servisfirst Bk
Feb 9, 2012
—
4837 Bill Gardner Parkwy LLC
4837 Hampton Road LLC
Quit Claim Deed
related
—
Dec 21, 2010
—
Donalde L Cook
Cook,tiny L
Quit Claim Deed
related
—
Oct 1, 2008
—
4837 Hampton Road LLC
Smith,ginger R
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 4837 Bill Gardner Pkwy?
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.
