Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,575,000
Community centers
8010 Mcginnis Fry Rd Suwanee, GA 30024-5138
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US22-1711065
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2019
Total area
10,082 SF
Lot
1 ac (43,560 SF)
Zoning code
MP
APN
184 023
UPID
US22-1711065
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
-
Princeton Academy Tutoring Service
-
Dr. Jae Lee Dental Office
-
Grace Music and Arts Vocational School
-
Moonhee Ceramics Training Center Vocational School
-
Orchard Family Dental of Suwanee Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.58M
Owner & transaction history
National Retail Props INC · 7 yrs held
National Retail Props INC
since 2018
7 recorded transactions
Zoning & alternative use
MP · Suwanee, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.6M
+20.7%
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 Suwanee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Suwanee 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
$2,135,000
Current use
COMMERCIAL (GENERAL)
$2,575,000
Change: +21% · Conversion: Easy
WAREHOUSE, STORAGE
$1,935,000
Change: -9% · Conversion: Difficult
OFFICE BUILDING
$1,845,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$1.58M
Range $1.42M – $1.73M · ±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
$156 / 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
$17,615
Tax year 2024
Assessed value
$718,342
Assessed 2024
Previous assessed
$718,342
+0.0% YoY
Effective rate
2.45%
On assessed value
Assessed land
$120,000
Assessed improvement
$598,342
Land market value
$300,000
Improvement market value
$1,495,856
Total market value
$1,795,856
Applied tax rate
1.0000
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
2019
Heating
YES
Cooling
YES
Stories
1
Bathrooms
1
Total area
10,082 SF
Lot
1 ac (43,560 SF)
Zoning code
MP
APN
184 023
UPID
US22-1711065
Jurisdiction
FORSYTH
Zoning & alternative use
MP · Suwanee, GA
Zoning MP · permitted uses
MP · Suwanee, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Suwanee. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$2.6M
WAREHOUSE, STORAGE
Est. value
$1.9M
OFFICE BUILDING
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
OFFICE 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
2019
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
1
Lot
1 ac
Current owner
From public records · entity-resolved
National Retail Props INC
Entity
Mailing address
8010 MCGINNIS FRY RD STE A3, SUWANEE, GA 30024-5137
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2023
—
The Way LLC
—
Deed
related
$1,400,000 · Woori America Bank
May 29, 2020
—
Way LLC
—
Deed
related
$1,333,500 · Metro Cty Bk
Nov 21, 2018
—
National Retail Props INC
Shakerag Village LLC
Quit Claim Deed
related
—
Nov 21, 2018
$690,000
National Retail Props INC
Shakerag Village LLC
Grant Deed
—
Aug 23, 2018
—
Way LLC
—
Trustees Deed
related
$1,263,500 · Metro Cty Bk
Jul 10, 2017
$675,000
Shine Dev LLC
Shakerag Village LLC
Grant Deed
—
Apr 27, 2017
$270,000
Way LLC
Shakerag Village LLC
Grant Deed
—
Oct 29, 2004
—
Shakerag Village LLC
Miolen,reba J
Quit Claim Deed
related
$918,750 · Peachtree Bank
Oct 29, 2004
$1,224,500
Shakerag Village LLC
Miolen,reba J
Grant Deed
related
—
Sep 15, 2004
—
Reba J Miolen
Byers,runelle J
Quit Claim Deed
related
—
—
—
Shakerag Village LLC
—
Deed Of Trust
related
$918,750 · Peachtree Bank
—
—
Way LLC
—
Deed Of Trust
related
$1,333,500 · Metro Cty Bk
—
—
Shakerag Village LLC
—
Deed Of Trust
related
$1,250,000 · Republic Bank Georgia
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8010 Mcginnis Fry Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
