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Property profile & analytics
OFF-MARKET
Estimated value
$1,135,000
Strip malls
7420 Southlake Pkwy Jonesboro, GA 30236-7907
Trust Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0607628
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2003
Total area
10,065 SF
Lot
1.12 ac (48,657 SF)
Zoning code
GB
APN
12-079C- A-003
UPID
US22-0607628
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
-
K & S Enterprise The Caribbean Store Restaurant
-
Pretty Girls Wax Parlor Spa & Massage Center Skin Care Clinic
-
Elite Kutz Barber Shop Barber Shop
-
A Rare Kick Collection Clothing & Fashion Store (Bike/Boat/Book/etc) Store
-
Pixie Palace Salon Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.23M
Blend (final)
Blend
$1.14M
Owner & transaction history
Sathyasai,land Trust · 6 yrs held
Sathyasai,land Trust
since 2019
6 recorded transactions
Zoning & alternative use
GB · Jonesboro, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.5M
+1.9%
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 Jonesboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jonesboro 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
$1,475,000
Current use
OFFICE BUILDING
$1,505,000
Change: +2% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,395,000
Change: -5% · Conversion: Easy
RETAIL STORES
$1,300,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$1.14M
Range $1.02M – $1.25M · ±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
$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 2024Property tax & assessments
Tax year 2024
Tax billed
$11,189
Tax year 2024
Assessed value
$286,800
Assessed 2024
Previous assessed
$286,800
+0.0% YoY
Effective rate
3.90%
On assessed value
Assessed land
$38,920
Assessed improvement
$247,880
Land market value
$97,300
Improvement market value
$619,700
Total market value
$717,000
Applied tax rate
8.0000
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
2003
Heating
NONE
Total area
10,065 SF
Lot
1.12 ac (48,657 SF)
Zoning code
GB
APN
12-079C- A-003
UPID
US22-0607628
Jurisdiction
CLAYTON
Zoning & alternative use
GB · Jonesboro, GA
Zoning GB · permitted uses
GB · Jonesboro, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jonesboro. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.4M
RETAIL STORES
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
2003
Heating
NONE
Lot
1.12 ac
Current owner
From public records · entity-resolved
Sathyasai,land Trust
Trust
Free & Clear · 6 yrs held
Mailing address
344 CARUSO CT, SANDY SPRINGS, GA 30350-6608
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Nov 1, 2019
—
Srisal Properties LLC
—
Deed
related
$489,179 · Peach St Bk
Jul 22, 2019
—
Sathyasai,land Trust
Srisai Properties LLC
Quit Claim Deed
related
—
Sep 8, 2014
$400,000
Srisai Properties LLC
Rcd Properties LLC
Grant Deed
$255,496 · Peach St Bk
Jun 16, 2014
$250,000
Sw Battlecreek LLC
Rcd Properties LLC
Grant Deed
$910,000 · Branch Bk&tr
—
—
Srisal Properties LLC
—
Loan Modification
related
$489,179 · Peach St Bk
—
—
Rcd Properties LLC
—
Deed Of Trust
related
$1,000,000 · Branch Banking & Trust Co
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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