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Property profile & analytics
OFF-MARKET
Estimated value
$1,890,000
Outlet malls
Lee Rd Douglasville, GA 30135
Entity Owned
1-yr Hold
Free & Clear
Property ID
US22-0835856
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2011
Construction
CONCRETE
Total area
8,000 SF
Lot
1.81 ac (78,844 SF)
Zoning code
C-G
APN
0129-01-5- -00190
UPID
US22-0835856
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
$1.98M
CAP Approach
CAP
$1.73M
Comparable Approach
Comparable
$1.79M
Blend (final)
Blend
$1.89M
Owner & transaction history
Wmg Acquisitions LLC · 1 yrs held
Wmg Acquisitions LLC
since 2024
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
C-G · Douglasville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.7M
+31.3%
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 Douglasville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Douglasville 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
$1,765,000
ML approach
$1,975,000
CAP Approach
CAP Return
Estimation
6%
$1,875,000
6.5%
$1,730,000
7%
$1,605,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,325,000
Current use
MEDICAL BUILDING
$1,740,000
Change: +31% · Conversion: Difficult
OFFICE BUILDING
$1,145,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$1.89M
Range $1.70M – $2.08M · ±10% · vs last sale $2.05M (Mar 3 2024)
Last sale anchor
$2.05M
Mar 3 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
$236 / 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
$18,563
Tax year 2023
Assessed value
$583,680
Assessed 2023
Previous assessed
$583,680
+0.0% YoY
Effective rate
3.18%
On assessed value
Assessed land
$219,520
Assessed improvement
$364,160
Land market value
$548,800
Improvement market value
$910,400
Total market value
$1,459,200
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2011
Construction
CONCRETE
Heating
NONE
Buildings
2
Total area
8,000 SF
Lot
1.81 ac (78,844 SF)
Zoning code
C-G
APN
0129-01-5- -00190
UPID
US22-0835856
Jurisdiction
DOUGLAS
Zoning & alternative use
C-G · Douglasville, GA
Zoning C-G · permitted uses
C-G · Douglasville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Douglasville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.1M
RETAIL STORES Current
MEDICAL BUILDING
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
2011
Construction
CONCRETE
Heating
NONE
Buildings
2
Lot
1.81 ac
Current owner
From public records · entity-resolved
Wmg Acquisitions LLC
Entity
Free & Clear · 1 yrs held
Mailing address
2021 MCKINNEY AVE STE #1150, DALLAS, TX 75201-7632
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2024
$1,900,000
Wmg Acquisitions LLC
Wachovia Bank NA
Deed
—
Dec 12, 2024
—
Wmg Acquisitions LLC
Wachovia Bank National Association
Quitclaim Deed
related
—
Dec 7, 2023
—
Wg 2023 LLC
Wells Fargo Bank National Associati
Quitclaim Deed
related
—
Nov 2, 2023
—
Douglas County Development Authorit
Wells Fargo Bank National Associati
Quitclaim Deed
related
—
Sep 23, 2022
$2,150,785
Ns Retail Holdings LLC
Aei Income & Growth Fund 27 LLC
Warranty Deed
—
Sep 10, 2021
$150,000
Leen Investments LLC
Willis Oil Co
Quitclaim Deed
related
—
Nov 1, 2012
—
Aei Income
Gpi-douglasville LLC
Quit Claim Deed
related
—
Nov 1, 2012
$609,500
Aei Income
Gpi-douglasville LLC
Grant Deed
related
—
Jan 20, 2011
$476,000
Gpi-douglasville LLC
Jordan,robert S
Grant Deed
$1,100,000 · Keyworth Bank
Jan 20, 2011
—
Family Dollar Stores Of Georgia I
Gpi-douglasville LLC
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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