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Property profile & analytics
OFF-MARKET
Estimated value
$11,165,000
Outlet malls
6995 Concourse Pkwy Douglasville, GA 30134-4551
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US22-1191784
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1999
Construction
CONCRETE
Total area
129,646 SF
Lot
9.8 ac (426,888 SF)
Zoning code
CG
APN
0161-02-5- -00062
UPID
US22-1191784
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
-
Sam's Club Bakery Bakery Specialty Food Shop
-
TNT Fireworks Discount Store Party Supply Store
-
Sam's Club Hearing Aid Center Hearing Aid Store
-
Sam's Club Pharmacy Pharmacy
-
Kathleen Miraflores, OD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.48M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$13.36M
Blend (final)
Blend
$11.17M
Owner & transaction history
Realty Income Us Core Plus 3 LP · 1 yrs held
Realty Income Us Core Plus 3 LP
since 2025
6 recorded transactions
Zoning & alternative use
CG · Douglasville, 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 Douglasville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Douglasville 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
$13,445,000
ML approach
$8,480,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$18,390,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$15,000,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$11.17M
Range $10.05M – $12.28M · ±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
$86 / 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
$130,605
Tax year 2023
Assessed value
$3,200,000
Assessed 2023
Previous assessed
$3,200,000
+0.0% YoY
Effective rate
4.08%
On assessed value
Assessed land
$806,073
Assessed improvement
$2,393,927
Land market value
$2,015,182
Improvement market value
$5,984,818
Total market value
$8,000,000
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
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
129,646 SF
Lot
9.8 ac (426,888 SF)
Zoning code
CG
APN
0161-02-5- -00062
UPID
US22-1191784
Jurisdiction
DOUGLAS
Zoning & alternative use
CG · Douglasville, GA
Zoning CG · permitted uses
CG · Douglasville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Douglasville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$18.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$15.0M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
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
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Lot
9.8 ac
Current owner
From public records · entity-resolved
Realty Income Us Core Plus 3 LP
Entity
Mailing address
11995 EL CAMINO REAL, SAN DIEGO, CA 92130-2539
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2025
—
Realty Income Us Core Plus 3 LP
Mdc Coast 25 LLC
Warranty Deed
—
Feb 15, 2022
$16,381,500
Mdc Coast 25 LLC
Bayshore Developers Vii L C
Limited Warranty Deed
—
Dec 10, 2019
—
Bayshore Developers Vii Lc
—
Deed
related
$7,200,000 · 40/86 Mtg Cap
Aug 3, 2011
$12,343,400
Cole Sc Douglasville Ga LLC
Douglasville Sams Prop Group L
Grant Deed
related
—
Jul 1, 2004
$13,750,000
Douglasville Sams Property Grp L
Douglasville Sams Associates LLC
Grant Deed
related
$870,000 · Douglasville Sams Associates L
—
—
Bayshore Developers Vii Lc
—
Deed Of Trust
related
$7,200,000 · 40/86 Mtg Cap
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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