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    Property profile & analytics

    5900 Lk Pkwy Mcdonough, GA 30253-4802

    • Community centers
    • 51,578 SF
    • 5.75 lot acres
    OFF-MARKET
    Value Estimations
    $5,065,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1259413
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Kroger Bakery / Bakery / Specialty Food Shop
    • Kroger Money Services / Bank / Credit Union
    • MoneyGram / Bank / Credit Union
    • Western Union / Bank / Credit Union
    • higi / Physician

    Property Details for 5900 Lk Pkwy

    Year built
    2001
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    5.75 lot acres
    Property size
    51,578 SF
    Zone code
    C3
    Property type
    Community centers
    Property subtype
    Shopping centers
    APN
    103-03022010
    APU
    10303022010

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,470,000
      Market price range: $5.46M - $11.1M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $7,335,000
      Current use
      OFFICE BUILDING
      $8,270,000
      Change: +13% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Mcdonough
    County
    Henry
    State
    Georgia
    Longitude
    -84.1436
    Latitude
    33.5065
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $76,224
    $345,120
    $1,535,200
    $1,880,320
    -
    $862,800
    $3,838,000
    $4,700,800

    Comparable in this City

    • Value Estimation
      $7,580,000
      77,770 SF

      218 Jonesboro Rd

      MINI-MALL • 77,770 SF
      218 Jonesboro Rd, Mcdonough, GA 30253
      View Details
    • Value Estimation by Request
      6,727 SF

      145 Jonesboro Rd

      Lifestyle centers • 6,727 SF
      145 Jonesboro Rd, McDonough, GA 30253
      View Details
    • Value Estimation
      $9,380,000
      97,283 SF

      287 Jonesboro Rd

      MINI-MALL • 97,283 SF
      287 Jonesboro Rd, Mcdonough, GA 30253-3725
      View Details
    • Value Estimation
      $9,405,000
      72,898 SF

      1862 Jonesboro Rd, Unit 1990

      REGIONAL SHOPPING CENTER, MALL • 72,898 SF
      1862 Jonesboro Rd, Mcdonough, GA 30253-5960
      View Details
    • Value Estimation
      $5,935,000
      55,432 SF

      205 Southpoint Blvd

      REGIONAL SHOPPING CENTER, MALL • 55,432 SF
      205 Southpoint Blvd, Mcdonough, GA 30253-7342
      View Details
    • Value Estimation by Request
      12,225 SF

      1563 Highway 20

      Neighborhood centers • 12,225 SF
      1563 Highway 20, McDonough, GA 30253
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,500 SF

      Retail Space in McDonough Development

      2,500 SF retail space in new McDonough development.
      Jonesboro Rd, McDonough, GA 30253
      View Details
    • $1,999,000
      Pending

      Versatile Commercial Property on 2 Acres

      High-visibility commercial property suitable for diverse uses and future development.
      2170 Jonesboro Rd, McDonough, GA 30253
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    • $1,900,000
      3,591 SF

      Prime Commercial Property on Highway 20/81

      Former bank branch with high visibility and expansion potential.
      865 Hwy, McDonough, GA 30253
      View Details
    • Contact for pricing
      0.80 Acres

      McDonough Land: Prime Retail Opportunity

      High-traffic retail land, I-75 access.
      1180 Jonesboro Rd, McDonough, GA 30253
      View Details
    • $245,000
      0.17 Acres

      Mcdonough Home with Tenant Occupancy

      Well-maintained 3-bedroom home with long-term tenants and income potential.
      141 Juniper Dr, McDonough, GA 30253
      View Details
    • $1,120,000
      4.05 Acres

      McDonough Land: 4.05 Acres, $1.12M

      Prime McDonough acreage, high-density potential.
      161 Foster Dr, McDonough, GA 30253
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      34,508 SF

      McDonough Retail Center Investment

      High-traffic retail center, prime location.
      1971 Jonesboro Rd, McDonough, GA 30253
      View Details
    • Contact for pricing

      Kohl's Pad Site For Lease

      Outparcel available for ground lease adjacent to major retailers.
      1570 Highway 20 W, McDonough, GA 30253
      View Details
    • Contact for pricing
      53,742 SF

      McDonough Marketplace Retail Center

      High-traffic retail spaces available in McDonough, GA.
      135 Willow Ln, McDonough, GA 30253
      View Details
    • New
      $2,100 /Mo
      1,242 SF

      Historic McDonough Square Commercial Space

      Prime 1,242 SF commercial space in historic McDonough Square.
      37 Keys Ferry St, McDonough, GA 30253
      View Details
    • New
      $1,750 /Mo
      8,160 SF

      Retail/Office Suites For Lease

      Highly visible retail and office center in McDonough, GA.
      191 Jonesboro Rd, McDonough, GA 30253
      View Details
    • $6 SF/Yr
      111,908 SF

      McDonough Big Box Retail Space

      High-visibility retail space, 28,666 SF available.
      1467 Ga-20, McDonough, GA 30253
      View Details

    Property Visit Statistics

    • Visits by month
      91.1k
    • Visitors by month
      2.4k
    • Avg Time on site
      40 min
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    Mcdonough, GA 30253-4802
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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