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Property profile & analytics
OFF-MARKET
Estimated value
$6,250,000
Community centers
8020 Mcginnis Fry Rd Suwanee, GA 30024-5134
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-3906777
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2019
Total area
20,530 SF
Lot
2 ac (87,120 SF)
Zoning code
MP
APN
184 543
UPID
US22-3906777
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
-
Paula Jung NP/ Essential Injectable LLC Spa & Massage Center Alternative Medicine Practice
-
Little Caesars Pizza Restaurant
-
Essential Injectable LLC Spa & Massage Center Alternative Medicine Practice
-
DanMooJi Johns Creek 단무지 존스크릭 Restaurant
-
AT&T Store Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.25M
CAP Approach
CAP
$5.08M
Comparable Approach
Comparable
$4.93M
Blend (final)
Blend
$6.25M
Owner & transaction history
Dongwoo Property LLC · 2 yrs held
Dongwoo Property LLC
since 2024
Last sale
$6.3M
3 recorded transactions
Zoning & alternative use
MP · Suwanee, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$8.6M
+96.7%
Medical building
$5.4M
+24.6%
Commercial (general)
$5.3M
+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
$6,250,000
ML approach
$6,250,000
CAP Approach
CAP Return
Estimation
6%
$5,500,000
6.5%
$5,075,000
7%
$4,715,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$4,350,000
Current use
AUTO REPAIR, GARAGE
$8,555,000
Change: +97% · Conversion: Difficult
MEDICAL BUILDING
$5,420,000
Change: +25% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,250,000
Change: +21% · Conversion: Easy
WAREHOUSE, STORAGE
$3,935,000
Change: -9% · Conversion: Difficult
OFFICE BUILDING
$3,755,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$6.25M
Range $5.63M – $6.88M · ±10% · vs last sale $6.25M (May 6 2024)
Last sale anchor
$6.25M
May 6 2024
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
$304 / 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
$35,870
Tax year 2024
Assessed value
$1,462,762
Assessed 2024
Previous assessed
$1,462,762
+0.0% YoY
Effective rate
2.45%
On assessed value
Assessed land
$240,000
Assessed improvement
$1,222,762
Land market value
$600,000
Improvement market value
$3,056,906
Total market value
$3,656,906
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
NONE
Total area
20,530 SF
Lot
2 ac (87,120 SF)
Zoning code
MP
APN
184 543
UPID
US22-3906777
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
$4.4M
AUTO REPAIR, GARAGE
Est. value
$8.6M
MEDICAL BUILDING
Est. value
$5.4M
COMMERCIAL (GENERAL)
Est. value
$5.3M
WAREHOUSE, STORAGE
Est. value
$3.9M
OFFICE BUILDING
Est. value
$3.8M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
NONE
Lot
2 ac
Current owner
From public records · entity-resolved
Dongwoo Property LLC
Entity
Mailing address
8020 MCGINNIS FRY RD STE #200, SUWANEE, GA 30024-5136
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2024
$6,250,000
Dongwoo Property LLC
Joon Hee Lee
Warranty Deed
$1,622,120 · Shine Development
Apr 22, 2021
—
Shine Development LLC
—
Deed
related
$2,200,000 · Shinhan Bank America
Jun 1, 2018
—
Shine Development LLC
—
Deed
related
$2,000,000 · First Ic Bank
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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