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Property profile & analytics
OFF-MARKET
Estimated value
$8,230,000
Strip malls
4905 Alabama NE Rd Roswell, GA 30075-1699
Entity Owned
Absentee Owner
Free & Clear
Property ID
US22-0850351
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2002
Total area
56,899 SF
Lot
13.85 ac (603,306 SF)
Zoning code
NRC/R-15
APN
16003800310
UPID
US22-0850351
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
-
Bahama Buck's Roswell Grocery & Convenience Store Specialty Food Shop
-
Rolands Classic Cleaners (Bike/Boat/Book/etc) Store
-
Green Girl Basics Training Center
-
Goodwill Thrift Store & Donation Center Discount Store
-
Lean Kitchen - Roswell Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.37M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.35M
Blend (final)
Blend
$8.23M
Owner & transaction history
Evergreen Properties
Evergreen Properties
since 2026
Last sale
$8.1M
6 recorded transactions
Zoning & alternative use
NRC/R-15 · Roswell, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$13.1M
+17.6%
Apartment house (5+ units)
$12.2M
+9.1%
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 Roswell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Roswell 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
$9,440,000
ML approach
$8,370,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$11,150,000
Current use
OFFICE BUILDING
$13,110,000
Change: +18% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$12,160,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$8.23M
Range $7.41M – $9.05M · ±10% · vs last sale $8.10M (Jan 18 2023)
Last sale anchor
$8.10M
Jan 18 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
$145 / 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
$87,292
Tax year 2024
Assessed value
$2,895,260
Assessed 2024
Previous assessed
$1,960,000
+47.7% YoY
Effective rate
3.01%
On assessed value
Assessed land
$1,873,728
Assessed improvement
$1,021,532
Land market value
$4,684,320
Improvement market value
$2,553,830
Total market value
$7,238,150
Applied tax rate
9.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2002
Heating
YES
Stories
1
Rooms
4
Bathrooms
1
Total area
56,899 SF
Lot
13.85 ac (603,306 SF)
Zoning code
NRC/R-15
APN
16003800310
UPID
US22-0850351
Jurisdiction
COBB
Zoning & alternative use
NRC/R-15 · Roswell, GA
Zoning NRC/R-15 · permitted uses
NRC/R-15 · Roswell, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Roswell. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$11.2M
OFFICE BUILDING
Est. value
$13.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$12.2M
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
Heating
YES
Stories
1
Rooms
4
Bathrooms
1
Lot
13.85 ac
Current owner
From public records · entity-resolved
Evergreen Properties
Entity
Free & Clear · 0 yrs held
Mailing address
1707 MT VERNON RD STE D, DUNWOODY, GA 30338-4258
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
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
Jan 27, 2026
—
Evergreen Properties
Craft Bank
Quitclaim Deed
related
—
Dec 16, 2025
—
Evergreen Properties
—
Deed
related
$4,700,000 · Southstate Bank NA
Jan 18, 2023
$8,100,000
Evergreen Properties
Geneva Roswell LLC
Limited Warranty Deed
—
Jan 18, 2023
—
Beazer Gain LLC
Suisse Ag Credit
Quit Claim Deed
related
—
Feb 28, 2013
—
Gemini R/e Indian Creek LLC
Gemini Indian Creek H LLC
Quit Claim Deed
related
$7,000,000 · Rcc Real Estate INC
Feb 23, 2005
$11,200,000
Gemini Indian Creek H LLC
Vfp Equities LLC
Grant Deed
$8,400,000 · Greenwich Capital Fin'l INC
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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