Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,700,000
Auto shops
550 Discovery Pl Mableton, GA 30126-4666
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1273441
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1996
Total area
11,760 SF
Lot
5.54 ac (241,322 SF)
Zoning code
LI
APN
18040400080
UPID
US22-1273441
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
-
Cherokee Truck Equipment Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.70M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.10M
Blend (final)
Blend
$3.70M
Owner & transaction history
Halo Property Group LLC · 1 yrs held
Halo Property Group LLC
since 2024
Last sale
$3.7M
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
Restaurant
$5.8M
+147.3%
Warehouse, storage
$4.4M
+88.6%
Medical building
$2.9M
+23.4%
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
$3,700,000
ML approach
$3,700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,340,000
Current use
RESTAURANT
$5,785,000
Change: +147% · Conversion: Difficult
WAREHOUSE, STORAGE
$4,415,000
Change: +89% · Conversion: Easy
MEDICAL BUILDING
$2,890,000
Change: +23% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,515,000
Change: +7% · Conversion: Difficult
RETAIL STORES
$2,435,000
Change: +4% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,305,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$3.70M
Range $3.33M – $4.07M · ±10% · vs last sale $3.70M (Nov 18 2024)
Last sale anchor
$3.70M
Nov 18 2024
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
$315 / 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
$20,482
Tax year 2024
Assessed value
$679,332
Assessed 2024
Previous assessed
$679,332
+0.0% YoY
Effective rate
3.02%
On assessed value
Assessed land
$437,332
Assessed improvement
$242,000
Land market value
$1,093,330
Improvement market value
$605,000
Total market value
$1,698,330
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1996
Heating
NONE
Total area
11,760 SF
Lot
5.54 ac (241,322 SF)
Zoning code
LI
APN
18040400080
UPID
US22-1273441
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
AUTO REPAIR, GARAGE Current
Est. value
$2.3M
RESTAURANT
Est. value
$5.8M
WAREHOUSE, STORAGE
Est. value
$4.4M
MEDICAL BUILDING
Est. value
$2.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.5M
RETAIL STORES
Est. value
$2.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.3M
AUTO REPAIR, GARAGE Current
RESTAURANT
WAREHOUSE, STORAGE
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
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
1996
Heating
NONE
Lot
5.54 ac
Current owner
From public records · entity-resolved
Halo Property Group LLC
Entity
Mailing address
3908 N GRAHAM ST, CHARLOTTE, NC 28206-1210
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 18, 2024
$3,700,000
Halo Property Group LLC
550 Discovery Place LLC
Deed
$1,000,000 · Southstate Bank NA
Nov 18, 2024
—
550 Discovery Place LLC
M L Utilities LLC
Deed
—
Nov 2, 2022
—
550 Discovery Place LLC
—
Deed
related
$1,920,000 · Citywide Banks
May 6, 2022
$2,445,000
M L Utilities LLC
Cte Properties Of Georgia LLC
Limited Warranty Deed
—
May 14, 2007
—
Cte Prop Ga LLC
Free Enterprise Of Atl INC
Quit Claim Deed
related
—
May 4, 2007
$1,350,000
Cte Properties Of Georgia LLC
Free Enterprise Of Atlanta
Grant Deed
—
May 4, 2007
—
Cte Properties Of Georgia LLC
Free Enterprise Of Atlanta
Grant 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
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 550 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.
