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Property profile & analytics
OFF-MARKET
Estimated value
$3,280,000
Warehouses
101 Lukken Industrial E Dr Lagrange, GA 30241-5962
Entity Owned
14-yr Hold
Free & Clear
Property ID
US22-1998584
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1964
Total area
43,604 SF
Lot
9.88 ac (430,373 SF)
Zoning code
16- CP-GI
APN
0512C005006
UPID
US22-1998584
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
-
U-Haul Neighborhood Dealer Car Rental Facility
-
Hunt Brothers Pizza Restaurant
-
All Self Storage Storage Facility
-
Marathon Gas Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.37M
Blend (final)
Blend
$3.28M
Owner & transaction history
Woodbury Business Forms INC · 14 yrs held
Woodbury Business Forms INC
since 2011
7 recorded transactions
Zoning & alternative use
16- CP-GI · Lagrange, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$4.8M
+137.1%
Commercial (general)
$4.3M
+113.7%
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 Lagrange submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lagrange 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,005,000
Current use
RETAIL STORES
$4,755,000
Change: +137% · Conversion: Moderate
COMMERCIAL (GENERAL)
$4,285,000
Change: +114% · Conversion: Difficult
Blend value · Realmo final
$3.28M
Range $2.95M – $3.61M · ±10%
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
$75 / 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
$47,916
Tax year 2023
Assessed value
$1,756,920
Assessed 2023
Previous assessed
$2,454
+71,494.1% YoY
Effective rate
2.73%
On assessed value
Assessed land
$138,320
Assessed improvement
$1,618,600
Land market value
$345,800
Improvement market value
$4,046,500
Total market value
$4,392,300
Applied tax rate
16.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1964
Heating
SPACE
Cooling
YES
Buildings
10
Stories
1
Bathrooms
4
Total area
43,604 SF
Lot
9.88 ac (430,373 SF)
Zoning code
16- CP-GI
APN
0512C005006
UPID
US22-1998584
Jurisdiction
TROUP
Zoning & alternative use
16- CP-GI · Lagrange, GAZoning 16- CP-GI · permitted uses
16- CP-GI · Lagrange, 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
WAREHOUSE, STORAGE Current
Est. value
$2.0M
RETAIL STORES
Est. value
$4.8M
COMMERCIAL (GENERAL)
Est. value
$4.3M
WAREHOUSE, STORAGE Current
RETAIL STORES
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
1964
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
10
Bathrooms
4
Lot
9.88 ac
Current owner
From public records · entity-resolved
Woodbury Business Forms INC
Entity
Free & Clear · 14 yrs held
Mailing address
PO BOX 1527, LAGRANGE, GA 30241-0032
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 4, 2018
—
Woodbury Business Forms INC
—
Trustees Deed
related
$305,508 · Synovus Bk
May 26, 2017
—
Woodbury Business Forms INC
—
Trustees Deed
related
$350,000 · Columbus Bk&tr
Nov 22, 2011
—
Woodbury Business Forms INC
Bradfield,joe L
Quit Claim Deed
related
—
—
—
Woodbury Business Forms INC
—
Deed Of Trust
related
$2,875,312 · Synovus Bk
—
—
Woodbury Business Forms INC
—
Loan Modification
related
$575,000 · Columbus Bank & Trust Co
—
—
Woodbury Business Forms INC
—
Loan Modification
related
$850,000 · Commercial Bank & Trust
—
—
Woodbury Business Forms INC
—
Deed Of Trust
related
$2,429,410 · Columbus Bank & Trust Co
—
—
Woodbury Business Forms INC
—
Loan Modification
related
$577,130 · Columbus Bk&tr
—
—
Woodbury Business Forms INC
—
Deed Of Trust
related
$400,423 · Synovus Bk
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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