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Property profile & analytics
OFF-MARKET
Estimated value
$2,135,000
Strip malls
8060 Hwy 85 Riverdale, GA 30274-4102
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-3664989
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2023
Total area
10,918 SF
Lot
3.5 ac (152,460 SF)
Zoning code
GB
APN
13-215C- B-006
UPID
US22-3664989
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.70M
Comparable Approach
Comparable
$2.25M
Blend (final)
Blend
$2.14M
Owner & transaction history
Gx Holding LLC · 3 yrs held
Gx Holding LLC
since 2023
Last sale
$1,000
3 recorded transactions
Zoning & alternative use
GB · Riverdale, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.1M
+101.1%
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 Riverdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riverdale 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%
$2,925,000
6.5%
$2,700,000
7%
$2,505,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,540,000
Current use
AUTO REPAIR, GARAGE
$3,100,000
Change: +101% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,515,000
Change: -2% · Conversion: Difficult
MEDICAL BUILDING
$1,395,000
Change: -10% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,355,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$2.14M
Range $1.92M – $2.35M · ±10% · vs last sale $1k (Jan 31 2023)
Last sale anchor
$1k
Jan 31 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
$196 / 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
$30,832
Tax year 2024
Assessed value
$790,320
Assessed 2024
Previous assessed
$91,480
+763.9% YoY
Effective rate
3.90%
On assessed value
Assessed land
$91,480
Assessed improvement
$698,840
Land market value
$228,700
Improvement market value
$1,747,100
Total market value
$1,975,800
Applied tax rate
8.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2023
Heating
NONE
Total area
10,918 SF
Lot
3.5 ac (152,460 SF)
Zoning code
GB
APN
13-215C- B-006
UPID
US22-3664989
Jurisdiction
CLAYTON
Zoning & alternative use
GB · Riverdale, GAZoning GB · permitted uses
GB · Riverdale, 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
$1.5M
AUTO REPAIR, GARAGE
Est. value
$3.1M
WAREHOUSE, STORAGE
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
2023
Heating
NONE
Lot
3.5 ac
Current owner
From public records · entity-resolved
Gx Holding LLC
Entity
Mailing address
1575 NORTHSIDE DR NW STE #470, ATLANTA, GA 30318-4236
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Jan 31, 2023
$1,000
Gx Holding LLC
Gas Express LLC
Warranty Deed
$5,707,820 · Pinnacle Bank
Jul 16, 2020
$850,000
Gas Express LLC
Shifa R/e Invs LLC
Grant Deed
—
Feb 24, 2020
$395,000
Shifa R & E Invs LLC
Byron W Hand
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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