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Property profile & analytics
FOR LEASE
Community centers
6199 Highway 92, Acworth, GA 30102
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-1653806
For Lease
1 / 15
$14,030,000
6199 Highway 92, Acworth, GA 30102
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Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1986
Construction
STEEL FRAME
Total area
142,358 SF
Lot
11.54 ac (502,682 SF)
Zoning code
NC
APN
15N06 022
UPID
US22-1653806
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
-
Cherokee Commons Shopping Center Shopping Center & Mall
-
CosmoProf (Bike/Boat/Book/etc) Store Cosmetic Store
-
Yellow Tail Sushi Restaurant
-
China House Restaurant
-
Kroger Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.73M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$14.03M
Owner & transaction history
Cherokee Commons LLC · 2 yrs held
Cherokee Commons LLC
since 2023
Last sale
$14.0M
7 recorded transactions
Zoning & alternative use
NC · Acworth, 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 Acworth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Acworth 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
$17,390,000
ML approach
$10,725,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$14.03M
Range $12.63M – $15.43M · ±10% · vs last sale $14.00M (Aug 3 2023)
Last sale anchor
$14.00M
Aug 3 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
$99 / 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
$114,107
Tax year 2023
Assessed value
$4,341,492
Assessed 2023
Previous assessed
$4,341,492
+0.0% YoY
Effective rate
2.63%
On assessed value
Assessed land
$2,010,720
Assessed improvement
$2,330,772
Land market value
$5,026,800
Improvement market value
$5,826,930
Total market value
$10,853,730
Applied tax rate
1.0000
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
For Lease
Year built
1986
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Bathrooms
32
Total area
142,358 SF
Lot
11.54 ac (502,682 SF)
Zoning code
NC
APN
15N06 022
UPID
US22-1653806
Jurisdiction
CHEROKEE
Zoning & alternative use
NC · Acworth, GA
Zoning NC · permitted uses
NC · Acworth, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Acworth. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
32
Lot
11.54 ac
Current owner
From public records · entity-resolved
Cherokee Commons LLC
Entity
Mailing address
6199 HWY 92, ACWORTH, GA 30102-2344
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 3, 2023
$14,000,000
Cherokee Commons LLC
Bv Cherokee LLC
Warranty Deed
—
Aug 12, 2022
$1,025,000
Sd Apple I LLC
Oakridge Plaza Partners LP
Warranty Deed
—
Apr 28, 2021
$11,300,000
Bv Cherokee LLC
Vpcc Cherokee LLC
Limited Warranty Deed
—
Nov 20, 2019
$644,676
Oakridge Plaza Partners
Vpcc Cherokee LLC
Grant Deed
—
Apr 23, 2018
$9,600,000
Vpcc Cherokee LLC
Pmat Cherokee Commons LLC
Grant Deed
$8,225,000 · Miscellaneous Ins Co
Sep 19, 2005
—
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
—
—
Ipf Of Cherokee LP
—
Deed Of Trust
related
$11,000,000 · Column Financial INC
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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