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Property profile & analytics
OFF-MARKET
Estimated value
$23,325,000
Outlet malls
4855 Stone Mtn Hwy Lilburn, GA 30047-4643
Entity Owned
3-yr Hold
Free & Clear
Property ID
US22-0115631
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1999
Total area
136,930 SF
Lot
17.12 ac (745,747 SF)
Zoning code
C2-GENERAL BUSINESS
APN
6-062 -228
UPID
US22-0115631
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
-
Minute Key Locksmith (Bike/Boat/Book/etc) Store
-
Lowe's ProServices Building Supply Industrial Manufacturer
-
Lowe's Garden Center Garden Center
-
Lowe's Home Improvement Building Supply Hardware & Home Improvement
-
KeyExpress Locksmiths Locksmith (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$24.48M
Comparable Approach
Comparable
$25.35M
Blend (final)
Blend
$23.33M
Owner & transaction history
Mdc Coast 29 LLC · 3 yrs held
Mdc Coast 29 LLC
since 2023
Last sale
$21.4M
6 recorded transactions
Zoning & alternative use
C2-GENERAL BUSINESS · Lilburn, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Lilburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lilburn 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
$24,100,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$26,510,000
6.5%
$24,475,000
7%
$22,725,000
Alternative Use
Use
Estimation
RETAIL STORES
$36,990,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$36,080,000
Change: -2% · Conversion: Moderate
OFFICE BUILDING
$33,420,000
Change: -10% · Conversion: Easy
COMMERCIAL (GENERAL)
$30,620,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$23.33M
Range $20.99M – $25.66M · ±10% · vs last sale $21.36M (Mar 22 2023)
Last sale anchor
$21.36M
Mar 22 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
$170 / 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
$160,754
Tax year 2023
Assessed value
$4,237,600
Assessed 2023
Previous assessed
$4,237,600
+0.0% YoY
Effective rate
3.79%
On assessed value
Assessed land
$2,184,280
Assessed improvement
$2,053,320
Land market value
$5,460,700
Improvement market value
$5,133,300
Total market value
$10,594,000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1999
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Total area
136,930 SF
Lot
17.12 ac (745,747 SF)
Zoning code
C2-GENERAL BUSINESS
APN
6-062 -228
UPID
US22-0115631
Jurisdiction
GWINNETT
Zoning & alternative use
C2-GENERAL BUSINESS · Lilburn, GA
Zoning C2-GENERAL BUSINESS · permitted uses
C2-GENERAL BUSINESS · Lilburn, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lilburn. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$37.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$36.1M
OFFICE BUILDING
Est. value
$33.4M
COMMERCIAL (GENERAL)
Est. value
$30.6M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1999
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
17.12 ac
Current owner
From public records · entity-resolved
Mdc Coast 29 LLC
Entity
Free & Clear · 3 yrs held
Mailing address
11995 EL CAMINO REAL, SAN DIEGO, CA 92130-2539
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 22, 2023
$21,358,670
Mdc Coast 29 LLC
Arcp Lo Lilburn Ga LLC
Limited Warranty Deed
—
Aug 9, 2021
—
Arcp Lo Lilburn Ga LLC
—
Deed
related
$650,000,000 · Jp Morgan Chase Bank
Feb 28, 2020
$157,000
Elyon Management LLC
Blue Crystal Ira LLC
Grant Deed
—
Jun 23, 2015
$21,783,900
Arcp Lo Lilburn Ga LLC
Alparetta Proprty Ll LLC
Grant Deed
—
Oct 18, 2012
$13,711,700
Alpharetta Property Ll LLC
Stone Mountain Portfolio LP
Grant Deed
$18,425,000 · Cantor Commercial Real Estate
May 31, 2007
$135,510
Ala Associates INC
Stone,mountain Portfolio L
Grant Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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