Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$335,000
Showrooms
500 Discovery Pl Mableton, GA 30126-4698
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0335153
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2004
Total area
7,800 SF
Lot
2 ac (87,121 SF)
Zoning code
LI
APN
18050000080
UPID
US22-0335153
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
-
Mason Hall & Co Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.59M
Comparable Approach
Comparable
$1.37M
Blend (final)
Blend
$335k
Owner & transaction history
Redmond Ents LLC · 8 yrs held
Redmond Ents LLC
since 2018
7 recorded transactions
Zoning & alternative use
LI · Mableton, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The LI district is established to provide locations for light industrial uses such as low intensity automobile repair and service
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
1,694.31 ac
Source
Realmo
Top alternative use upside
Medical building
$1.9M
+74.6%
Apartment house (5+ units)
$1.7M
+51.9%
Retail stores
$1.6M
+47.3%
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 Mableton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mableton 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%
$1,715,000
6.5%
$1,585,000
7%
$1,470,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,095,000
Current use
MEDICAL BUILDING
$1,915,000
Change: +75% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,665,000
Change: +52% · Conversion: Moderate
RETAIL STORES
$1,615,000
Change: +47% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,550,000
Change: +41% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,530,000
Change: +39% · Conversion: Difficult
Blend value · Realmo final
$335k
Range $302k – $369k · ±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
$43 / 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
$11,800
Tax year 2024
Assessed value
$391,384
Assessed 2024
Previous assessed
$343,816
+13.8% YoY
Effective rate
3.01%
On assessed value
Assessed land
$221,984
Assessed improvement
$169,400
Land market value
$554,960
Improvement market value
$423,500
Total market value
$978,460
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
2004
Heating
NONE
Total area
7,800 SF
Lot
2 ac (87,121 SF)
Zoning code
LI
APN
18050000080
UPID
US22-0335153
Jurisdiction
COBB
Zoning & alternative use
LI · Mableton, GAZoning LI · permitted uses
LI · Mableton, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The LI district is established to provide locations for light industrial uses such as low intensity automobile repair and service
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
1,694.31 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.7M
RETAIL STORES
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
NONE
Lot
2 ac
Current owner
From public records · entity-resolved
Redmond Ents LLC
Entity
Mailing address
GAINESVILLE, GA 30501
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 9, 2018
—
Redmond Ents LLC
—
Deed
related
$194,057 · United Cmnty Bk
Apr 15, 2010
—
Redmond Ents LLC
—
Trustees Deed
related
$250,000 · United Community Bank
—
—
Redmond Enterprises LLC
—
Deed Of Trust
related
$497,889 · Hyperion Mortgage LLC
—
—
Redmond Ents LLC
—
Deed Of Trust
related
$250,000 · United Community Bank
—
—
Redmond Ents LLC
—
Loan Modification
related
$247,094 · United Cmnty Bk
—
—
Redmond Ents LLC
—
Loan Modification
related
$236,892 · United Cmnty Bk
—
—
Redmond Ents LLC
—
Loan Modification
related
$228,879 · United Cmnty Bk
—
—
Redmond Ents LLC
—
Loan Modification
related
$194,057 · United Cmnty Bk
—
—
Redmond Enterprises LLC
—
Deed Of Trust
related
$424,482 · United Community Bank
—
—
Redmond Ents LLC
—
Deed Of Trust
related
$250,000 · United Community Bank
—
—
Redmond Enterprises LLC
—
Deed Of Trust
related
$250,000 · United Community Bank
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 500 Discovery Pl?
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.
