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Property profile & analytics
OFF-MARKET
Estimated value
$2,250,000
Strip malls
705 Town NE Blvd Brookhaven, GA 30319-3011
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-2007785
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2010
Total area
11,326 SF
Lot
0.26 ac (11,326 SF)
Zoning code
OCR
APN
18 273 02 023
UPID
US22-2007785
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
-
Julian's Cosmetics & Skincare Cosmetic Store
-
Tropical Smoothie Cafe Cafe & Coffee Shop
-
Dr. Agnes Kovacs MD Pediatrician Physician
-
Living Your Bucket List Travel Travel Agency
-
Costa Coffee - Brookhaven Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.34M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.25M
Owner & transaction history
Gll Bvk Properties Brookhaven LP · 3 yrs held
Gll Bvk Properties Brookhaven LP
since 2022
2 recorded transactions
Zoning & alternative use
OCR · Brookhaven, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.2M
+3.3%
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 Brookhaven submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brookhaven 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%
$2,530,000
6.5%
$2,335,000
7%
$2,165,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$3,080,000
Current use
COMMERCIAL (GENERAL)
$3,185,000
Change: +3% · Conversion: Easy
MEDICAL BUILDING
$3,080,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,875,000
Change: -7% · Conversion: Difficult
OFFICE BUILDING
$2,650,000
Change: -14% · Conversion: Moderate
RETAIL STORES
$2,540,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$2.25M
Range $2.03M – $2.48M · ±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
$199 / 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
$92,878
Tax year 2024
Assessed value
$2,124,245
Assessed 2024
Previous assessed
$2,124,245
+0.0% YoY
Effective rate
4.37%
On assessed value
Assessed land
$148,697
Assessed improvement
$1,975,548
Land market value
$371,743
Improvement market value
$4,938,869
Total market value
$5,310,612
Applied tax rate
20.0000
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
Off-Market
Year built
2010
Heating
NONE
Total area
11,326 SF
Lot
0.26 ac (11,326 SF)
Zoning code
OCR
APN
18 273 02 023
UPID
US22-2007785
Jurisdiction
DE KALB
Zoning & alternative use
OCR · Brookhaven, GA
Zoning OCR · permitted uses
OCR · Brookhaven, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Brookhaven. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$3.1M
COMMERCIAL (GENERAL)
Est. value
$3.2M
MEDICAL BUILDING
Est. value
$3.1M
AUTO REPAIR, GARAGE
Est. value
$2.9M
OFFICE BUILDING
Est. value
$2.7M
RETAIL STORES
Est. value
$2.5M
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
2010
Heating
NONE
Lot
0.26 ac
Current owner
From public records · entity-resolved
Gll Bvk Properties Brookhaven LP
Entity
Free & Clear · 3 yrs held
Mailing address
200 S ORANGE AVE STE #1375, ORLANDO, FL 32801-3415
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2022
—
Gll Bvk Properties Brookhaven LP
Development Authority Of Dekalb Cou
Limited Warranty Deed
—
—
—
Gll Bvk Properties Brookhaven
—
Deed Of Trust
related
$80,950,000 · Bayerische Landesbank
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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