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Property profile & analytics
OFF-MARKET
Estimated value
$1,700,000
Outlet malls
8059 Main St Ray City, GA 31645-7719
Entity Owned
~
Est. High Equity
Property ID
US22-2941546
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1998
Construction
STEEL FRAME
Total area
7,500 SF
Lot
0.86 ac (37,462 SF)
Zoning code
COMMERCIAL
APN
077A 132 001
UPID
US22-2941546
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
-
Family Dollar Discount Store
-
Dollar Tree/Family Dollar Department Store Grocery & Convenience Store
-
Ray city ga. Housing Society
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.59M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.70M
Owner & transaction history
Mdc Mercury 2604 Propco 2 LLC
Mdc Mercury 2604 Propco 2 LLC
since 2026
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Ray City, 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 Ray City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ray City 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
$1,700,000
ML approach
$1,590,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.70M
Range $1.53M – $1.87M · ±10% · vs last sale $1.48M (Dec 13 2023)
Last sale anchor
$1.48M
Dec 13 2023
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
$227 / 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
$2,038
Tax year 2023
Assessed value
$56,690
Assessed 2023
Previous assessed
$56,690
+0.0% YoY
Effective rate
3.59%
On assessed value
Assessed land
$3,900
Assessed improvement
$52,790
Land market value
$9,750
Improvement market value
$131,975
Total market value
$141,725
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
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1998
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
7,500 SF
Lot
0.86 ac (37,462 SF)
Zoning code
COMMERCIAL
APN
077A 132 001
UPID
US22-2941546
Jurisdiction
BERRIEN
Zoning & alternative use
COMMERCIAL · Ray City, GAZoning COMMERCIAL · permitted uses
COMMERCIAL · Ray City, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1998
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.86 ac
Current owner
From public records · entity-resolved
Mdc Mercury 2604 Propco 2 LLC
Entity
Mailing address
8059 MAIN ST, RAY CITY, GA 31645-7719
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2026
$330,551
Mdc Mercury 2604 Propco 2 LLC
Mdc Coast 17 LLC
Warranty Deed
—
Dec 13, 2023
$1,478,210
Mdc Coast 17 LLC
Rdm3 LLC
Limited Warranty Deed
—
Mar 10, 2023
$350,000
Rdm3 LLC
Acquisition South LLC
Warranty Deed
—
Jun 24, 2022
$150,000
Acquisition South LLC
Hilbert A Shirey
Warranty Deed
$170,000 · Southeastern Credit Union
Jun 24, 2022
—
Hilbert A Shirey
Susan D Blevins
Warranty Deed
—
Jan 26, 2011
—
John E Blevins
John E Blevins
Intrafamily Transfer
related
—
Jun 30, 2009
—
Susan Diane Blevins
John Edward Blevins
Intrafamily Transfer
related
—
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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