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Property profile & analytics
OFF-MARKET
Estimated value
$3,815,000
Community centers
7003 Concourse Pkwy Douglasville, GA 30134-4552
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US22-1571666
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1999
Construction
WOOD FRAME
Total area
40,000 SF
Lot
6.81 ac (296,644 SF)
Zoning code
CSC
APN
0161-02-5- -00055
UPID
US22-1571666
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
-
Metro by T-Mobile Mobile Phone Store Electronics & Wireless Store
-
All Washed Up Laundromat (Bike/Boat/Book/etc) Store
-
China East Restaurant Restaurant
-
Stevi B's Pizza Buffet Restaurant
-
Buddy's home furnishings Interior Design
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.64M
Blend (final)
Blend
$3.82M
Owner & transaction history
E-l Douglasville LLC · 10 yrs held
E-l Douglasville LLC
since 2015
4 recorded transactions
Zoning & alternative use
CSC · Douglasville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$5.7M
+22.6%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$4,630,000
Current use
RETAIL STORES
$5,675,000
Change: +23% · Conversion: Easy
AUTO REPAIR, GARAGE
$4,480,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$3.82M
Range $3.43M – $4.20M · ±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
$95 / 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
$60,766
Tax year 2023
Assessed value
$1,488,840
Assessed 2023
Previous assessed
$1,488,840
+0.0% YoY
Effective rate
4.08%
On assessed value
Assessed land
$434,760
Assessed improvement
$1,054,080
Land market value
$1,086,900
Improvement market value
$2,635,200
Total market value
$3,722,100
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1999
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
9
Stories
1
Total area
40,000 SF
Lot
6.81 ac (296,644 SF)
Zoning code
CSC
APN
0161-02-5- -00055
UPID
US22-1571666
Jurisdiction
DOUGLAS
Zoning & alternative use
CSC · Douglasville, GAZoning CSC · permitted uses
CSC · Douglasville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$4.6M
RETAIL STORES
Est. value
$5.7M
AUTO REPAIR, GARAGE
Est. value
$4.5M
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
AUTO REPAIR, GARAGE
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 FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
9
Lot
6.81 ac
Current owner
From public records · entity-resolved
E-l Douglasville LLC
Entity
Mailing address
1303 HIGHTOWER TRL STE #201, ATLANTA, GA 30350-2919
Ownership since
2015
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
Nov 25, 2015
$7,500,000
E-l Douglasville LLC
Propst Douglasville LLC
Grant Deed
$6,000,000 · Private Individual
Nov 8, 2011
$387,450
Propst Douglasville LLC
Lbubs 2004-c8 Douglasville LP
Grant Deed
—
Nov 8, 2011
—
Propst Douglasville LLC
Lbubs 2004-c8 Douglasville LP
Quit Claim Deed
related
—
Jun 2, 2009
$3,710,000
Bank Of America Series 2004-c8 Tr
Hunt Ptrs Retail Group 1 LLC
Trustees Deed
related
—
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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