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Property profile & analytics
OFF-MARKET
Estimated value
$15,815,000
Community centers
8029 Tara Blvd Jonesboro, GA 30236-3293
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-0877207
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1989
Total area
88,942 SF
Lot
11.24 ac (489,614 SF)
Zoning code
C
APN
13-210D- A-005
UPID
US22-0877207
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
-
That's Amazing Hair and Barber Salon Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.24M
CAP Approach
CAP
$21.99M
Comparable Approach
Comparable
$12.21M
Blend (final)
Blend
$15.82M
Owner & transaction history
Crs Center LLC · 4 yrs held
Crs Center LLC
since 2021
Last sale
$16.2M
3 recorded transactions
Zoning & alternative use
C · Jonesboro, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$23.4M
+79.6%
Office building
$13.3M
+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
$18,045,000
ML approach
$10,240,000
CAP Approach
CAP Return
Estimation
6%
$23,820,000
6.5%
$21,990,000
7%
$20,420,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$13,035,000
Current use
AUTO REPAIR, GARAGE
$23,410,000
Change: +80% · Conversion: Difficult
OFFICE BUILDING
$13,285,000
Change: +2% · Conversion: Moderate
COMMERCIAL (GENERAL)
$12,325,000
Change: -5% · Conversion: Easy
RETAIL STORES
$11,480,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$15.82M
Range $14.23M – $17.40M · ±10% · vs last sale $16.20M (Nov 12 2021)
Last sale anchor
$16.20M
Nov 12 2021
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
$178 / 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
$108,059
Tax year 2024
Assessed value
$2,856,000
Assessed 2024
Previous assessed
$396,800
+619.8% YoY
Effective rate
3.78%
On assessed value
Assessed land
$391,680
Assessed improvement
$2,464,320
Land market value
$979,200
Improvement market value
$6,160,800
Total market value
$7,140,000
Applied tax rate
4.0000
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
1989
Heating
NONE
Total area
88,942 SF
Lot
11.24 ac (489,614 SF)
Zoning code
C
APN
13-210D- A-005
UPID
US22-0877207
Jurisdiction
CLAYTON
Zoning & alternative use
C · Jonesboro, GAZoning C · permitted uses
C · Jonesboro, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$13.0M
AUTO REPAIR, GARAGE
Est. value
$23.4M
OFFICE BUILDING
Est. value
$13.3M
COMMERCIAL (GENERAL)
Est. value
$12.3M
RETAIL STORES
Est. value
$11.5M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
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
1989
Heating
NONE
Lot
11.24 ac
Current owner
From public records · entity-resolved
Crs Center LLC
Entity
Free & Clear · 4 yrs held
Mailing address
125 HALF MILE RD STE #207, RED BANK, NJ 07701-6749
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Nov 12, 2021
$16,200,000
Crs Center LLC
Bvc Crossroads South LLC
Limited Warranty Deed
—
Jul 21, 2017
$12,499,900
Bvc Crossroads South LLC
Cs Improvements LLC
Grant Deed
$10,175,000 · Bancorp Bk
Dec 12, 2007
$17,200,000
Cs Improvements LLC
Edens,avant Financing II L
Grant Deed
—
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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