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Property profile & analytics
FOR LEASE
Strip malls
6851 Shannon Pkwy Union City, GA 30291
Entity Owned
2-yr Hold
Free & Clear
Property ID
US22-0951144
For Lease
1 / 5
$5,205,000
6851 Shannon Pkwy, Union City, GA 30291
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1976
Total area
45,955 SF
Lot
8 ac (348,480 SF)
Zoning code
C2
APN
09F150300631072
UPID
US22-0951144
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
-
Cricket Wireless Authorized Retailer Mobile Phone Store Electronics & Wireless Store
-
Shannon Market Shopping Center Shopping Center & Mall
-
DaVita Union City At Home (ga) Medical Clinic
-
Big Lots Discount Store
-
Hertz - Uber Union City Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.21M
Owner & transaction history
Georgia State Dept Of Transportatio · 2 yrs held
Georgia State Dept Of Transportatio
since 2023
3 recorded transactions
Zoning & alternative use
C2 · Union City, 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 Union City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Union City 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$113 / 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
$47,420
Tax year 2023
Assessed value
$1,680,000
Assessed 2023
Previous assessed
$1,290,800
+30.2% YoY
Effective rate
2.82%
On assessed value
Assessed land
$502,400
Assessed improvement
$1,177,600
Land market value
$1,256,000
Improvement market value
$2,944,000
Total market value
$4,200,000
Applied tax rate
50.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1976
Heating
NONE
Buildings
2
Stories
1
Total area
45,955 SF
Lot
8 ac (348,480 SF)
Zoning code
C2
APN
09F150300631072
UPID
US22-0951144
Jurisdiction
FULTON
Zoning & alternative use
C2 · Union City, GA
Zoning C2 · permitted uses
C2 · Union City, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Union City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1976
Heating
NONE
Stories
1
Buildings
2
Lot
8 ac
Current owner
From public records · entity-resolved
Georgia State Dept Of Transportatio
Entity
Free & Clear · 2 yrs held
Mailing address
6851 SHANNON PKWY, UNION CITY, GA 30291-2049
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2023
—
Georgia State Dept Of Transportatio
Wells Fargo Bank NA
Quit Claim Deed
related
—
Dec 22, 2020
—
Quick Lube Dev 2 LLC
—
Deed
related
$336,000 · Piedmont Bk
—
—
Quick Lube Dev 2 LLC
—
Deed Of Trust
related
$336,000 · Piedmont 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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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