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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Community centers
612 Main St Palmetto, GA 30268-1149
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1419743
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1999
Construction
WOOD
Total area
3,232 SF
Lot
3.88 ac (169,013 SF)
Zoning code
C3
APN
07 361400680741
UPID
US22-1419743
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
-
Carswell Thomas W MD Physician
-
Kisha H. Whitfield, M Marriage Or Relationship Counselor
-
Palmetto Laundry (Bike/Boat/Book/etc) Store
-
Palmetto Appliance Repair Home Appliance Store
-
Abundant Grace International Ministries Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$800k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$775k
Owner & transaction history
Palmetto & Main LLC · 7 yrs held
Palmetto & Main LLC
since 2018
2 recorded transactions
Zoning & alternative use
C3 · Palmetto, 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 Palmetto submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palmetto 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%
$865,000
6.5%
$800,000
7%
$740,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,060,000
Current use
MEDICAL BUILDING
$1,005,000
Change: -5% · Conversion: Difficult
AUTO REPAIR, GARAGE
$940,000
Change: -11% · Conversion: Difficult
OFFICE BUILDING
$855,000
Change: -20% · Conversion: Moderate
Blend value · Realmo final
$775k
Range $698k – $853k · ±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
$240 / 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
$15,130
Tax year 2023
Assessed value
$536,040
Assessed 2023
Previous assessed
$536,040
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$86,600
Assessed improvement
$449,440
Land market value
$216,500
Improvement market value
$1,123,600
Total market value
$1,340,100
Applied tax rate
40.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1999
Construction
WOOD
Heating
YES
Cooling
YES
Buildings
5
Stories
1
Units
24
Total area
3,232 SF
Lot
3.88 ac (169,013 SF)
Zoning code
C3
APN
07 361400680741
UPID
US22-1419743
Jurisdiction
FULTON
Zoning & alternative use
C3 · Palmetto, GA
Zoning C3 · permitted uses
C3 · Palmetto, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palmetto. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$940,000
OFFICE BUILDING
Est. value
$855,000
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
WOOD
Heating
YES
Cooling
Yes
Stories
1
Buildings
5
Units
24
Lot
3.88 ac
Current owner
From public records · entity-resolved
Palmetto & Main LLC
Entity
Mailing address
9110 SELBORNE LN STE #210, PALMETTO, GA 30268-2282
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 7, 2018
—
Palmetto & Main LLC
—
Deed
related
$580,000 · United Bk
—
—
Palmetto & Main LLC
—
Deed Of Trust
related
$580,000 · United Bk
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
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