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Property profile & analytics
OFF-MARKET
Estimated value
$4,330,000
Community centers
540 Lk Ctr Pkwy, Cumming, GA 30040-7727
Entity Owned
2-yr Hold
Free & Clear
Property ID
US22-0723187
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2004
Total area
35,784 SF
Lot
2.35 ac (102,366 SF)
Zoning code
HB
APN
C18 026
UPID
US22-0723187
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
-
Aydee Short | Fairway Independent Mortgage Corporation Loan Officer Loan Service Bank
-
The Station House Restaurant
-
O'Kelley & Sorohan, Attorneys At Law, LLC Law Firm
-
Jennifer Molina, REALTOR Real Estate Agency
-
Jennifer Anderson Real Estate Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.71M
Blend (final)
Blend
$4.33M
Owner & transaction history
540 Lake Center Parkway LLC · 2 yrs held
540 Lake Center Parkway LLC
since 2024
6 recorded transactions
Zoning & alternative use
HB · Cumming, 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 Cumming submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cumming 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$6,815,000
Change: -9% · Conversion: Moderate
Blend value · Realmo final
$4.33M
Range $3.90M – $4.76M · ±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
$121 / 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
$33,345
Tax year 2024
Assessed value
$1,359,792
Assessed 2024
Previous assessed
$1,359,792
+0.0% YoY
Effective rate
2.45%
On assessed value
Assessed land
$235,000
Assessed improvement
$1,124,792
Land market value
$587,500
Improvement market value
$2,811,980
Total market value
$3,399,480
Applied tax rate
2.0000
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
2004
Heating
NONE
Total area
35,784 SF
Lot
2.35 ac (102,366 SF)
Zoning code
HB
APN
C18 026
UPID
US22-0723187
Jurisdiction
FORSYTH
Zoning & alternative use
HB · Cumming, GA
Zoning HB · permitted uses
HB · Cumming, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cumming. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$6.8M
OFFICE BUILDING
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
2.35 ac
Current owner
From public records · entity-resolved
540 Lake Center Parkway LLC
Entity
Free & Clear · 2 yrs held
Mailing address
540 LK CTR PKWY, CUMMING, GA 30040-7727
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Apr 10, 2024
—
540 Lake Center Parkway LLC
Access Area LLC
Warranty Deed
—
Jan 12, 2024
—
Cecilia Castro Ceron
Eduardo Garcia Calixtro
Warranty Deed
—
Jan 8, 2024
$615,000
Alexandra Monserrat Valdes
Genesee L Bosque
Quit Claim Deed
related
—
Oct 13, 2023
—
Corkery Enterprises INC
Rodolfo M Tenorio
Quit Claim Deed
related
—
Sep 19, 2023
—
Lanier Residential Homes INC
Gordon M Telford
Quit Claim Deed
related
—
Nov 25, 2020
—
Lake Center Parkway LLC
Westlake Leasing II LLC
Quit Claim 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
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