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Property profile & analytics
OFF-MARKET
Estimated value
$3,250,000
Super regional malls
805 Lanier W Ave Fayetteville, GA 30214-7656
Entity Owned
21-yr Hold
Free & Clear
Property ID
US22-1478391
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
17,750 SF
Lot
2.39 ac (104,108 SF)
Zoning code
C C3
APN
52209021
UPID
US22-1478391
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
-
Heritage Property Management Services, Inc Property Management Company
-
Lee Mason Law Offices Law Firm
-
Avant Interventional Psychiatry South Atlanta Physician
-
Benetrend Advisors LLC Insurance Agency
-
DUA Vietnamese Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.54M
Comparable Approach
Comparable
$2.05M
Blend (final)
Blend
$3.25M
Owner & transaction history
Randywine Shoppes LLC · 21 yrs held
Randywine Shoppes LLC
since 2004
2 recorded transactions
Zoning & alternative use
C C3 · Fayetteville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Fayetteville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fayetteville 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%
$3,830,000
6.5%
$3,535,000
7%
$3,285,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$4,095,000
Current use
RETAIL STORES
$4,005,000
Change: -2% · Conversion: Easy
Blend value · Realmo final
$3.25M
Range $2.93M – $3.58M · ±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
$183 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$28,005
Tax year 2023
Assessed value
$1,275,624
Assessed 2023
Previous assessed
$840,000
+51.9% YoY
Effective rate
2.20%
On assessed value
Assessed land
$333,144
Assessed improvement
$942,480
Land market value
$832,860
Improvement market value
$2,356,200
Total market value
$3,189,060
Applied tax rate
2.0000
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Total area
17,750 SF
Lot
2.39 ac (104,108 SF)
Zoning code
C C3
APN
52209021
UPID
US22-1478391
Jurisdiction
FAYETTE
Zoning & alternative use
C C3 · Fayetteville, GA
Zoning C C3 · permitted uses
C C3 · Fayetteville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fayetteville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$4.1M
RETAIL STORES
Est. value
$4.0M
NEIGHBORHOOD: SHOPPING CENTER Current
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
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Lot
2.39 ac
Current owner
From public records · entity-resolved
Randywine Shoppes LLC
Entity
Free & Clear · 21 yrs held
Mailing address
131 GULF BRG LN, WATERSOUND, FL 32461-8541
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 21, 2004
$740,100
Randywine Shoppes LLC
Ablolard,gerald B
Warranty Deed
—
—
—
Brandywine Shoppes LLC
—
Deed Of Trust
related
$2,000,000 · Innovative Capital Advisors Innovative Capital Advisors
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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