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Property profile & analytics
OFF-MARKET
Estimated value
$28,785,000
Outlet malls
600 61st Hwy Villa Rica, GA 30180-5038
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1966295
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1999
Construction
CONCRETE BLOCKS
Total area
164,061 SF
Lot
16.96 ac (738,778 SF)
Zoning code
GC
APN
V07-010-0006
UPID
US22-1966295
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
$35.50M
Comparable Approach
Comparable
$27.51M
Blend (final)
Blend
$28.79M
Owner & transaction history
PERSIS VILLA RICA INVESTMENTS LLC ATTN
PERSIS VILLA RICA INVESTMENTS LLC ATTN
Zoning & alternative use
GC · Villa Rica, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$36.9M
+41.7%
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 Villa Rica submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Villa Rica 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%
$38,460,000
6.5%
$35,500,000
7%
$32,965,000
Alternative Use
Use
Estimation
RETAIL STORES
$26,010,000
Current use
COMMERCIAL (GENERAL)
$36,855,000
Change: +42% · Conversion: Easy
AUTO REPAIR, GARAGE
$25,530,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$28.79M
Range $25.91M – $31.66M · ±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
$175 / 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
$183,070
Tax year 2023
Assessed value
$5,843,269
Assessed 2023
Previous assessed
$2,960,000
+97.4% YoY
Effective rate
3.13%
On assessed value
Assessed land
$969,840
Assessed improvement
$4,873,429
Land market value
$2,424,600
Improvement market value
$12,183,572
Total market value
$14,608,172
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1999
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
CENTRAL
Buildings
13
Total area
164,061 SF
Lot
16.96 ac (738,778 SF)
Zoning code
GC
APN
V07-010-0006
UPID
US22-1966295
Jurisdiction
CARROLL
Zoning & alternative use
GC · Villa Rica, GA
Zoning GC · permitted uses
GC · Villa Rica, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Villa Rica. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$26.0M
COMMERCIAL (GENERAL)
Est. value
$36.9M
AUTO REPAIR, GARAGE
Est. value
$25.5M
RETAIL STORES Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1999
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
Yes
Buildings
13
Lot
16.96 ac
Current owner
From public records · entity-resolved
PERSIS VILLA RICA INVESTMENTS LLC ATTN
Entity
Free & Clear · 0 yrs held
Mailing address
700 BISHOP ST STE #1928, HONOLULU, HI 96813-4120
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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