Property profile

430 Melrose Ave Griffin, GA 30223

OFF-MARKET
Warehouses
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Property ID
US22-3186910
23,160 SF 3.22 ac Built 1968
Last sale Nov 2024·$1,555,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$95k
Assessed land$21k
Assessed improvement$74k
Effective rate3.86%

Value estimate

· Nov 2026
$1.10M
$990k – $1.21M
AI approach$1.10M
Submarket $/SF estimate$793k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$58/SF
Submarket average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$34 – $86
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
PID
It shall be the intent of this district to establish and protect sites for light industrial uses which are not significantly objectionabl...
General categoryINDUSTRIAL
JurisdictionSPALDING

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service11.9
Pharmacy11.4
Parking Facility10.4

Location

430 Melrose Ave Griffin, GA 30223-2029
County assessor Recorded deeds · 5 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
323 Solomon, Griffin, GA 30223-3315 $500,000 May 2024 18,459 SF
815 Slaton, Griffin, GA 30223-3765 $1,025,000 Feb 2024 32,194 SF
930 Harlow, Griffin, GA 30223-4433 $875,000 Jan 2024 18,232 SF
999 Hl, Griffin, GA 30223-1909 $3,738,661 Mar 2022 15,800 SF
1400 Bowling, Griffin, GA 30223-9011 $517,000 Nov 2021 21,294 SF
755 High Fls, Griffin, GA 30223-3889 $160,000 Feb 2020 19,200 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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