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Property profile & analytics
FOR SALE
Strip malls
713 Forest Pkwy Forest Park, GA 30297
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US22-4719882
For Sale
1 / 7
$850,000
713 Forest Pkwy, Forest Park, GA 30297
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1984
Total area
6,000 SF
Lot
0.67 ac (29,359 SF)
Zoning code
C
APN
13-050A- H-001
UPID
US22-4719882
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
-
Bulldog Insurance Inc Insurance Agency
-
Nationwide Insurance: Falcon Insurance Inc. Insurance Agency
-
Kendi beauty atl Medical Clinic Skin Care Clinic
-
Bulldog Trucking Insurance Insurance Agency
-
Anointed Touch Hair Salon II Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$826k
Blend (final)
Blend
$720k
Owner & transaction history
Forest Bulldog Plaza LLC · 13 yrs held
Forest Bulldog Plaza LLC
since 2012
7 recorded transactions
Zoning & alternative use
C · Forest Park, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+26.6%
Office building
$990,000
+17.1%
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 Forest Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Forest Park 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
$845,000
Current use
COMMERCIAL (GENERAL)
$1,075,000
Change: +27% · Conversion: Easy
OFFICE BUILDING
$990,000
Change: +17% · Conversion: Moderate
MEDICAL BUILDING
$765,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$720k
Range $648k – $792k · ±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
$120 / 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
$5,244
Tax year 2024
Assessed value
$195,440
Assessed 2024
Previous assessed
$150,400
+29.9% YoY
Effective rate
2.68%
On assessed value
Assessed land
$35,240
Assessed improvement
$160,200
Land market value
$88,100
Improvement market value
$400,500
Total market value
$488,600
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Sale
Year built
1984
Heating
NONE
Total area
6,000 SF
Lot
0.67 ac (29,359 SF)
Zoning code
C
APN
13-050A- H-001
UPID
US22-4719882
Jurisdiction
CLAYTON
Zoning & alternative use
C · Forest Park, GA
Zoning C · permitted uses
C · Forest Park, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Forest Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$845,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
OFFICE BUILDING
Est. value
$990,000
MEDICAL BUILDING
Est. value
$765,000
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
MEDICAL BUILDING
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
1984
Heating
NONE
Lot
0.67 ac
Current owner
From public records · entity-resolved
Forest Bulldog Plaza LLC
Entity
Mailing address
713 FRST PKWY STE B, FOREST PARK, GA 30297-2249
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 28, 2012
—
Forest Bulldog Plaza LLC
Haque,azfar
Quit Claim Deed
related
—
Sep 17, 2012
$332,500
Azfar Haque
Am Capital LLC
Warranty Deed
—
Oct 5, 2010
$424,000
Am Capital LLC
Exousia Dev & Construction INC
Trustees Deed
related
—
Sep 15, 2010
—
Exousia Dev & Construction INC
Casal,mirta
Quit Claim Deed
related
—
Sep 1, 2009
$77,000
Mirta Casal
Exousia Development & Cons
Grant Deed
—
Jul 16, 2007
$539,000
Exousia Development Contrustio
Hanes,martin F
Grant Deed
—
—
—
Exousia Development Contrustio
—
Deed Of Trust
related
$424,000 · Regions Bank
—
—
Forest Buildog Plaza LLC
—
Deed Of Trust
related
$100,000 · Suntrust 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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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