A computer-implemented method for evaluating real estate assets is implemented by a real estate evaluation computing device in communication with a memory. The method includes receiving a set of property factors, receiving a set of income factors, receiving a previous real estate rating for the real estate asset, receiving a set of merchant data associated with the merchant, the set of merchant data including a set of transaction data, determining a merchant revenue forecast based at least in part on the set of merchant data, determining a present real estate rating, determining that a difference between the present real estate rating and the previous real estate rating exceeds a rating threshold indicating a possible change in value of the real estate asset, and transmitting an alert to a user device indicating the possible change in value of the real estate asset.