New search
Property profile & analytics
OFF-MARKET
Estimated value
$4,400,000
Community centers
5370 Jonesboro Rd, Morrow, GA 30260-3557
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-4709047
Property summary
AI-generated overview
Lake City Marketplace, located at 5370 Jonesboro Road in Morrow, Georgia, presents a significant investment opportunity in a thriving commercial area. This expansive property encompasses a substantial 11.49 acres and boasts an impressive 500,502 square feet of general commercial space. The property is currently configured as a shopping center, offering considerable potential for a variety of retail uses. Its prime location on Jonesboro Road ensures high visibility and accessibility, attracting a large volume of foot traffic and vehicular traffic. The substantial size of the property allows for significant expansion or redevelopment opportunities, catering to a wide range of business needs. Investors will appreciate the scale of this offering, providing a substantial return on investment. The property's existing infrastructure and established location make it an attractive proposition for both experienced developers and those seeking a turnkey commercial investment. Detailed financial information and property specifics are available upon request. This is a rare opportunity to acquire a large-scale commercial property in a high-growth area of Morrow, Georgia. Serious inquiries only.
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1983
Total area
80,778 SF
Lot
11.49 ac (500,504 SF)
Zoning code
C
APN
12-177D- A-011
UPID
US22-4709047
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
-
Louisiana Crawfish Restaurant
-
Community Baptist Church New Life Church
-
Hue Cafe and Deli Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.70M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.03M
Blend (final)
Blend
$4.40M
Owner & transaction history
Wyseland Of Georgia INC · 6 yrs held
Wyseland Of Georgia INC
since 2020
Last sale
$4.0M
6 recorded transactions
Zoning & alternative use
C · Morrow, 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 Morrow submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Morrow 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
$5,000,000
ML approach
$4,700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.40M
Range $3.96M – $4.84M · ±10% · vs last sale $3.95M (Feb 3 2020)
Last sale anchor
$3.95M
Feb 3 2020
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
$54 / 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
$187,460
Tax year 2024
Assessed value
$2,372,000
Assessed 2024
Previous assessed
$2,372,000
+0.0% YoY
Effective rate
7.90%
On assessed value
Assessed land
$500,520
Assessed improvement
$1,871,480
Land market value
$1,251,300
Improvement market value
$4,678,700
Total market value
$5,930,000
Applied tax rate
7.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1983
Heating
NONE
Total area
80,778 SF
Lot
11.49 ac (500,504 SF)
Zoning code
C
APN
12-177D- A-011
UPID
US22-4709047
Jurisdiction
CLAYTON
Zoning & alternative use
C · Morrow, GA
Zoning C · permitted uses
C · Morrow, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Morrow. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1983
Heating
NONE
Lot
11.49 ac
Current owner
From public records · entity-resolved
Wyseland Of Georgia INC
Entity
Mailing address
300 PINNACLE WAY, NORCROSS, GA 30071-3687
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Feb 3, 2020
$3,950,000
Wyseland Of Georgia INC
Lake City Marketplace LLC
Grant Deed
$2,850,000 · Lake City Marketplace LLC
Jun 17, 2013
$1,500,000
Lake City Marketplace LLC
El Kim Plaza LLC
Trustees Deed
—
May 17, 2013
—
Atlantic Coml Holdings LLC
Mortgage Analysis Group
Quit Claim Deed
—
Apr 4, 2013
—
Mortgage Analysis Group LLC
International Market Plaza LLC
Quit Claim Deed
related
—
Apr 12, 2011
—
International Market Plaza LLC
A C Investments LLC
Quit Claim Deed
related
—
Feb 15, 2008
$5,839,446
International Market Plaza LLC
El Kim Plaza LLC
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.
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 5370 Jonesboro 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.
