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Property profile & analytics
FOR SALE
Warehouses
105 Washington St Lincolnton, GA 30817
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US22-3488802
For Sale
1 / 38
$795,000
105 Washington St, Lincolnton, GA 30817
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1917
Construction
STEEL FRAME
Total area
6,120 SF
Lot
0.2 ac (8,712 SF)
Zoning code
COMMERCIAL
APN
L05 168
UPID
US22-3488802
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
-
FedEx Drop Box Postal Service Courier Service
-
Dr Williams Physician
-
Soap Creek Market (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mcbust Properties LLC · 2 yrs held
Mcbust Properties LLC
since 2024
Last sale
$425,000
2 recorded transactions
Zoning & alternative use
COMMERCIAL · Lincolnton, 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 Lincolnton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lincolnton 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,511
Tax year 2023
Assessed value
$76,040
Assessed 2023
Previous assessed
$76,040
+0.0% YoY
Effective rate
3.30%
On assessed value
Assessed land
$5,600
Assessed improvement
$70,440
Land market value
$14,000
Improvement market value
$176,100
Total market value
$190,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
WAREHOUSE, STORAGE
Status
For Sale
Year built
1917
Construction
STEEL FRAME
Heating
NONE
Buildings
2
Total area
6,120 SF
Lot
0.2 ac (8,712 SF)
Zoning code
COMMERCIAL
APN
L05 168
UPID
US22-3488802
Jurisdiction
LINCOLN
Zoning & alternative use
COMMERCIAL · Lincolnton, GAZoning COMMERCIAL · permitted uses
COMMERCIAL · Lincolnton, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1917
Construction
STEEL FRAME
Heating
NONE
Buildings
2
Lot
0.2 ac
Current owner
From public records · entity-resolved
Mcbust Properties LLC
Entity
Mailing address
105 N WASHINGTON ST, LINCOLNTON, GA 30817-1784
Mailing matches property
Yes
Owner-occupied
Yes
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2024
$425,000
Mcbust Properties LLC
Clay Turner Realty Group LLC
Warranty Deed
$324,800 · Csra Resource Development Agency
Feb 11, 2021
$90,000
Clay Turner Real Estate Grp LLC
Marcene P Powell
Warranty Deed
$250,000 · Csra Resource Development Agency
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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