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Property profile & analytics
OFF-MARKET
Estimated value
$3,850,000
Industrial land
105 Constitution Dr, Mcdonough, GA 30253
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-2809641
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Year built
2000
Total area
138,196 SF
Lot
17.83 ac (776,675 SF)
Zoning code
M1
APN
095-01003012
UPID
US22-2809641
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
$3.85M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.05M
Blend (final)
Blend
$3.85M
Owner & transaction history
0 Liberty Parkway Partners LLC · 2 yrs held
0 Liberty Parkway Partners LLC
since 2024
Last sale
$3.9M
7 recorded transactions
Zoning & alternative use
M1 · Mcdonough, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Mcdonough submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mcdonough 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
$3,850,000
ML approach
$3,850,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.85M
Range $3.47M – $4.24M · ±10% · vs last sale $3.85M (Jun 10 2024)
Last sale anchor
$3.85M
Jun 10 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
$28 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$20,106
Tax year 2024
Assessed value
$506,040
Assessed 2024
Previous assessed
$506,040
+0.0% YoY
Effective rate
3.97%
On assessed value
Assessed land
$506,040
Land market value
$1,265,100
Total market value
$1,265,100
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Year built
2000
Heating
FORCED AIR
Stories
1
Bathrooms
6
Total area
138,196 SF
Lot
17.83 ac (776,675 SF)
Zoning code
M1
APN
095-01003012
UPID
US22-2809641
Jurisdiction
HENRY
Zoning & alternative use
M1 · Mcdonough, GA
Zoning M1 · permitted uses
M1 · Mcdonough, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mcdonough. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2000
Heating
FORCED AIR
Stories
1
Bathrooms
6
Lot
17.83 ac
Current owner
From public records · entity-resolved
0 Liberty Parkway Partners LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1145 LIBERTY INDUSTRIAL PKWY, ATLANTA, GA
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 20, 2025
—
0 Liberty Parkway Partners LLC
—
Deed
related
$189,000 · Parlex 3a Finco
Jun 10, 2024
$3,850,000
0 Liberty Parkway Partners LLC
Industrial Storage Fund III LLC
Warranty Deed
—
Sep 6, 2022
$2,650,000
Industrial Storage Fund III LLC
Xyz Holdings LLC
Limited Warranty Deed
—
Jan 17, 2020
$800,000
Xyz Holdings LLC
Qin Meng
Grant Deed
related
—
Aug 28, 2019
—
Qin Meng
—
Trustees Deed
related
$500,000 · Wepartner Capital LLC
Mar 18, 2016
$300,000
Qin Meng
Meng,min
Grant Deed
related
—
Jan 12, 2015
$350,000
Min Meng
Bunn,andrew C SR & Andrew C JR
Grant Deed
—
Oct 31, 2007
—
Andrew Carey Bunn SR.
Bunn,andrew Carey SR
Quit Claim Deed
related
$200,000 · Bank Of North Georgia
Jul 14, 2005
$490,000
Bunn,andrew C SR
Liberty Dev LLC
Warranty 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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