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Property profile & analytics
OFF-MARKET
Estimated value
$24,720,000
Golf courses & driving ranges
5832 Stewart Pkwy Douglasville, GA 30135-2369
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0387198
Property profile
Verified
Property type
Golf courses & driving ranges
Use group
COUNTRY CLUB
Year built
2002
Construction
WOOD FRAME
Total area
3,236 SF
Lot
21.37 ac (930,877 SF)
Zoning code
DCD
APN
0130-02-5- -00003
UPID
US22-0387198
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
-
Arbor Place Apartments Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$24.72M
Owner & transaction history
B9 Mf Stewart Owner LLC · 5 yrs held
B9 Mf Stewart Owner LLC
since 2021
Last sale
$24.7M
7 recorded transactions
Zoning & alternative use
DCD · Douglasville, 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 Douglasville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Douglasville 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
$24,865,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$24.72M
Range $22.25M – $27.19M · ±10% · vs last sale $24.65M (Apr 16 2021)
Last sale anchor
$24.65M
Apr 16 2021
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
$7,639 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$590,376
Tax year 2023
Assessed value
$14,465,040
Assessed 2023
Previous assessed
$14,465,040
+0.0% YoY
Effective rate
4.08%
On assessed value
Assessed land
$555,600
Assessed improvement
$13,909,440
Land market value
$1,389,000
Improvement market value
$34,773,600
Total market value
$36,162,600
Applied tax rate
3.0000
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
Golf courses & driving ranges
Use group
COUNTRY CLUB
Status
Off-Market
Year built
2002
Construction
WOOD FRAME
Heating
NONE
Buildings
11
Total area
3,236 SF
Lot
21.37 ac (930,877 SF)
Zoning code
DCD
APN
0130-02-5- -00003
UPID
US22-0387198
Jurisdiction
DOUGLAS
Zoning & alternative use
DCD · Douglasville, GA
Zoning DCD · permitted uses
DCD · Douglasville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Douglasville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2002
Construction
WOOD FRAME
Heating
NONE
Buildings
11
Lot
21.37 ac
Current owner
From public records · entity-resolved
B9 Mf Stewart Owner LLC
Entity
Mailing address
345 PARK AVE FL, NEW YORK, NY 10154-0004
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Oct 10, 2025
—
B9 Mf Stewart Owner LLC
—
Deed
related
$435,000,000 · Natixis Real Estate Capital
Jul 9, 2021
—
B9 Mf Stewart Owner LLC
—
Deed
related
$481,500,000 · Morgan Stanley Mortgage Capital Holdings
Apr 16, 2021
—
B9 Mf Stewart Owner LLC
Arbor Place Holdings LLC
Grant Deed
related
—
Oct 5, 2016
—
Arbor Place Holdings LLC
Carlyle Centennial Lenox LP
Quit Claim Deed
related
—
Mar 27, 2006
$24,650,000
Centennial Lenox LP Carlyle
Orix Zaremba Douglasville Apartm
Grant Deed
related
$19,100,000 · Primary Capital Advisors Lc
Mar 22, 2006
$24,650,000
Centennial Lenox LP Carlyle
Orix,zaremba Douglasville
Grant Deed
—
—
—
Carlyle Centennial Lenox LP
—
Deed Of Trust
related
$21,400,000 · Cibc
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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