Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$19,635,000
Schools
5893 Stewart Pkwy Douglasville, GA 30135-2373
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US22-1472390
Property profile
Verified
Property type
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Year built
1990
Construction
CONCRETE
Total area
151,822 SF
Lot
21.57 ac (939,589 SF)
Zoning code
CG
APN
0130-02-5- -00092
UPID
US22-1472390
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$19.64M
Owner & transaction history
B Plaza LLC · 3 yrs held
B Plaza LLC
since 2023
Last sale
$19.8M
6 recorded transactions
Zoning & alternative use
CG · Douglasville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$22.8M
+89.3%
Commercial (general)
$19.9M
+65.4%
Restaurant
$15.4M
+27.6%
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
$19,405,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$12,050,000
Current use
OFFICE BUILDING
$22,805,000
Change: +89% · Conversion: Difficult
COMMERCIAL (GENERAL)
$19,930,000
Change: +65% · Conversion: Difficult
RESTAURANT
$15,370,000
Change: +28% · Conversion: Difficult
AUTO REPAIR, GARAGE
$13,345,000
Change: +11% · Conversion: Difficult
RETAIL STORES
$11,895,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$19.64M
Range $17.67M – $21.60M · ±10% · vs last sale $19.75M (Mar 21 2023)
Last sale anchor
$19.75M
Mar 21 2023
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
$129 / 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
$211,506
Tax year 2023
Assessed value
$5,182,200
Assessed 2023
Previous assessed
$5,182,200
+0.0% YoY
Effective rate
4.08%
On assessed value
Assessed land
$1,019,200
Assessed improvement
$4,163,000
Land market value
$2,548,000
Improvement market value
$10,407,500
Total market value
$12,955,500
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
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Status
Off-Market
Year built
1990
Construction
CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
7
Stories
1
Total area
151,822 SF
Lot
21.57 ac (939,589 SF)
Zoning code
CG
APN
0130-02-5- -00092
UPID
US22-1472390
Jurisdiction
DOUGLAS
Zoning & alternative use
CG · Douglasville, GA
Zoning CG · permitted uses
CG · 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.
Alternative use value scenarios
Repositioning upside vs current use
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$12.1M
OFFICE BUILDING
Est. value
$22.8M
COMMERCIAL (GENERAL)
Est. value
$19.9M
RESTAURANT
Est. value
$15.4M
AUTO REPAIR, GARAGE
Est. value
$13.3M
RETAIL STORES
Est. value
$11.9M
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
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
1990
Construction
CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
7
Lot
21.57 ac
Current owner
From public records · entity-resolved
B Plaza LLC
Entity
Mailing address
3531 N 32ND TER, HOLLYWOOD, FL 33021-2618
Ownership since
2023
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
Mar 21, 2023
$19,750,000
B Plaza LLC
Cottage Grove Partners LLC
Limited Warranty Deed
$4,750,000 · Cottage Grove Partners
Mar 21, 2023
—
B Plaza LLC
Cottage Grove Partners LLC
Quit Claim Deed
related
—
Feb 29, 2008
$7,300,000
Cottage Grove Partners LLC
Rcg-douglasville LLC
Trustees Deed
$3,750,000 · Newalliance Bank
Feb 27, 2008
$7,300,000
Cottage Grove Partners LLC
Rcg-douglasville LLC
Grant Deed
—
Nov 17, 2006
$3,625,000
Rcg-douglasville LLC
5983 Steward Parkway Holdings Ll
Grant Deed
$3,625,000 · Protective Life Insurance Co
Apr 13, 2006
—
5983 Steward Parkway Holdings Ll
Kr Douglasville LLC
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 5893 Stewart Pkwy?
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.
