Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1046 Richard D Sailors Pkwy Powder Springs, GA 30127-5221
    Property profile & analytics

    1046 Richard D Sailors Pkwy, Powder Springs, GA 30127-5221

    View on Map
    • Warehouses
    • 101,340 SF
    • 4.24 lot acres
    Off-Market
    Last Sale Oct 16, 2020
    $11,100,000
    Property ID
    US22-2682578
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $10,790,000
    Show details
    Cap Rate Potential
    8.8%
    Warehouses
    Location Intelligence

    Current Use by Public Records

    • Extra Space Storage / Storage Facility

    Property Details for 1046 Richard D Sailors Pkwy

    Year built
    2019
    Lot size
    4.24 lot acres
    Zone code
    CRC
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    19082900100
    APU
    19082900100

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 16, 2020 $11,100,000 Ess Storage Acquisition Thirty Powder Springs Storage LLC Grant Deed —
    Nov 15, 2018 — Powder Springs Storage LLC Atlantic Dev Partners LLC Grant Deed · related —
    Apr 5, 2018 $375,100 Atlantic Dev Partners LLC Reo Funding Solutions Vi LLC Grant Deed —
    Feb 16, 2016 — Reo Funding Solutions Vi LLC Pwrei Powder Springs Pad LLC Quit Claim Deed · related —
    Feb 16, 2016 $300,000 Reo Funding Solutions Vi LLC Pwrei Powder Springs Pad LLC Grant Deed · related —
    Nov 10, 2015 $825,000 Pwrei Powder Springs Pad LLC Cf Southeast Reo LLC Grant Deed —
    Nov 10, 2015 — Pwrei Powder Springs Pad LLC Cf Southeast Reo LLC Quit Claim Deed · related —
    Dec 11, 2014 $199,999 Cf Southeast Reo LLC Powder Springs Retail Invtrs L Trustees Deed · related —
    Aug 3, 2011 — Springs Retail Invtrs L Powder — Deed Of Trust · related $1.2M · Cf Southeast LLC
    Jun 16, 2006 — Powder Springs Retail Investors Sembler Family Partnership 19 Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $11,950,000
      ML approach
      $9,015,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Powder Springs
    County
    Cobb
    State
    Georgia
    Longitude
    -84.6804
    Latitude
    33.866
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $133,250
    $621,596
    $9,494,910
    $10,116,506
    -
    $1,553,990
    $9,494,910
    $11,048,900

    Comparable in this City

    • Value Estimation
      $3,280,000
      32,750 SF

      4905 Oglesby Rd

      MINI-WAREHOUSE, STORAGE
      4905 Oglesby Rd, Powder Springs, GA 30127-3106
      View Details
    • Value Estimation
      $780,000
      7,500 SF

      421 Tidwell Rd

      MINI-WAREHOUSE, STORAGE
      421 Tidwell Rd, Powder Springs, GA 30127-6879
      View Details
    • Value Estimation by Request
      0.81 Acres

      3765 Powder Spgs Rd

      MINI-WAREHOUSE, STORAGE
      3765 Powder Spgs Rd, Powder Springs, GA 30127-2735
      View Details
    • Value Estimation
      $8,805,000
      99,972 SF

      5097 Dallas Hwy

      MINI-WAREHOUSE, STORAGE
      5097 Dallas Hwy, Powder Springs, GA 30127-4490
      View Details
    • Value Estimation by Request
      1,350 SF

      3745 Powder Spgs Rd

      MINI-WAREHOUSE, STORAGE
      3745 Powder Spgs Rd, Powder Springs, GA 30127
      View Details
    • Value Estimation by Request
      8.64 Acres

      3969 Flint Hill Rd

      Distribution properties
      3969 Flint Hill Rd, Powder Springs, GA 30127
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      12,800 SF

      12,800 SF Available For Sale

      12,800 SF flex/industrial/office/warehouse space available for purchase.
      3404 Florence Cir, Powder Springs, GA 30127
      View Details
    • Contact for pricing

      Meticulously Maintained Home Near Silver Comet

      Modern, cozy home with luxury design and upgrades.
      3576 Silvery Way, Powder Springs, GA 30127
      View Details
    • $404,000

      Land Available in Powder Springs

      Land for sale in Powder Springs, Georgia.
      1490 Macedonia Rd SW, Powder Springs, GA 30127
      View Details
    • $75,000
      Pending

      Residential Land in Powder Springs

      Last remaining lot in Estates At Cornerstone, Powder Springs, GA.
      5053 Pindos Trl SW, Powder Springs, GA 30127
      View Details
    • $1,100,000
      Pending

      Powder Springs Development Opportunity

      8.05-acre parcel in Powder Springs, suitable for commercial/industrial developments.
      3989 Flint Hill Rd, Powder Springs, GA 30127
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      60,480 SF

      Powder Springs Distribution Warehouse

      Distribution warehouse located off I-20 in Powder Springs, GA.
      4775 Innovative Way, Powder Springs, GA 30127
      View Details
    • Contact for pricing

      Industrial Warehouse with Dock Doors

      4,800 SF office space with ample power and dock doors.
      3004 Spring Industrial Dr, Powder Springs, GA 30127
      View Details
    • Contact for pricing
      3,900 SF

      Flex Space with Office/Warehouse

      3,900 SF flex space featuring office and warehouse components.
      3150 Florence Rd, Powder Springs, GA 30127
      View Details
    • Contact for pricing

      Industrial Space with Dock Doors

      Industrial property featuring ample power, dock doors, and office space.
      3004 Spring Industrial Dr, Powder Springs, GA 30127
      View Details
    • Contact for pricing
      2 SF

      Prime Retail Opportunity West Cobb

      High-visibility retail space in a rapidly growing Atlanta suburb.
      5230 Dallas Hwy, Powder Springs, GA 30127
      View Details
    • Contact for pricing
      1,500 SF

      Kroger-Anchored Retail Space Available

      Retail space in Kroger-anchored center with high traffic.
      4400 Brownsville Rd, Powder Springs, GA 30127
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1046 Richard D Sailors Pkwy
    Powder Springs, GA 30127-5221
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1046 Richard D Sailors Pkwy, Powder Springs, GA, 30127
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!