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Property profile & analytics
OFF-MARKET
Estimated value
$5,490,000
Strip malls
675 Mullins Colony Dr Evans, GA 30809
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-3528280
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2018
Total area
19,878 SF
Lot
11.27 ac (490,921 SF)
Zoning code
C-2;GEN COMM DISTR
APN
078 138G
UPID
US22-3528280
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
$6.15M
CAP Approach
CAP
$3.60M
Comparable Approach
Comparable
$6.22M
Blend (final)
Blend
$5.49M
Owner & transaction history
Mullins Colony LLC · 4 yrs held
Mullins Colony LLC
since 2022
Last sale
$5.2M
4 recorded transactions
Zoning & alternative use
C-2;GEN COMM DISTR · Evans, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$8.8M
+127.6%
Warehouse, storage
$7.3M
+89.4%
Retail stores
$4.4M
+13.2%
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 Evans submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Evans 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
$6,485,000
ML approach
$6,150,000
CAP Approach
CAP Return
Estimation
6%
$3,895,000
6.5%
$3,595,000
7%
$3,335,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$3,870,000
Current use
OFFICE BUILDING
$8,815,000
Change: +128% · Conversion: Moderate
WAREHOUSE, STORAGE
$7,335,000
Change: +89% · Conversion: Difficult
RETAIL STORES
$4,380,000
Change: +13% · Conversion: Easy
Blend value · Realmo final
$5.49M
Range $4.94M – $6.04M · ±10% · vs last sale $5.24M (Jun 24 2022)
Last sale anchor
$5.24M
Jun 24 2022
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
$276 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$95,635
Tax year 2024
Assessed value
$3,829,682
Assessed 2024
Previous assessed
$3,829,682
+0.0% YoY
Effective rate
2.50%
On assessed value
Assessed land
$1,456,188
Assessed improvement
$2,373,494
Land market value
$3,640,471
Improvement market value
$5,933,736
Total market value
$9,574,207
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2018
Heating
NONE
Buildings
3
Total area
19,878 SF
Lot
11.27 ac (490,921 SF)
Zoning code
C-2;GEN COMM DISTR
APN
078 138G
UPID
US22-3528280
Jurisdiction
COLUMBIA
Zoning & alternative use
C-2;GEN COMM DISTR · Evans, GA
Zoning C-2;GEN COMM DISTR · permitted uses
C-2;GEN COMM DISTR · Evans, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Evans. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$3.9M
OFFICE BUILDING
Est. value
$8.8M
WAREHOUSE, STORAGE
Est. value
$7.3M
RETAIL STORES
Est. value
$4.4M
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
WAREHOUSE, STORAGE
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
2018
Heating
NONE
Buildings
3
Lot
11.27 ac
Current owner
From public records · entity-resolved
Mullins Colony LLC
Entity
Free & Clear · 4 yrs held
Mailing address
305 LANCASTER ST SW, AIKEN, SC 29801-3765
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 24, 2022
$2,622,437
Mullins Colony LLC
Mullins Colony LLC
Limited Warranty Deed
—
Jun 24, 2022
$5,244,874
Mullins Colony LLC
Mullins Colony LLC
Limited Warranty Deed
—
Jun 24, 2022
$874,145
Mullins Colony LLC
Mullins Colony LLC
Limited Warranty Deed
—
Aug 31, 2021
—
Mullins Colony Outparcels II LLC
Mullins Colony LLC
Warranty Deed
—
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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