Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,675,000
Distribution centers
110 Commerce Ave Lagrange, GA 30241-2338
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US22-1191917
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1973
Total area
84,981 SF
Lot
6.24 ac (271,814 SF)
Zoning code
16- CR-MX
APN
0502C011005
UPID
US22-1191917
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
-
LaGrange Climate Storage Storage Facility
-
La Grange Home Center Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.94M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.44M
Blend (final)
Blend
$2.68M
Owner & transaction history
Looking Good Properties INC · 5 yrs held
Looking Good Properties INC
since 2021
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
16- CR-MX · Lagrange, 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 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
$3,480,000
ML approach
$2,940,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,905,000
Current use
Blend value · Realmo final
$2.68M
Range $2.41M – $2.94M · ±10% · vs last sale $2.25M (Jul 15 2021)
Last sale anchor
$2.25M
Jul 15 2021
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
$31 / 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
$27,594
Tax year 2023
Assessed value
$1,011,760
Assessed 2023
Previous assessed
$5,792
+17,368.2% YoY
Effective rate
2.73%
On assessed value
Assessed land
$249,600
Assessed improvement
$762,160
Land market value
$624,000
Improvement market value
$1,905,400
Total market value
$2,529,400
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1973
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
1
Total area
84,981 SF
Lot
6.24 ac (271,814 SF)
Zoning code
16- CR-MX
APN
0502C011005
UPID
US22-1191917
Jurisdiction
TROUP
Zoning & alternative use
16- CR-MX · Lagrange, GA
Zoning 16- CR-MX · permitted uses
16- CR-MX · Lagrange, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lagrange. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.9M
WAREHOUSE, STORAGE Current
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
1973
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
6.24 ac
Current owner
From public records · entity-resolved
Looking Good Properties INC
Entity
Mailing address
800 FORMOSA AVE, WINTER PARK, FL 32789-4527
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2021
$2,250,000
Looking Good Properties INC
Beechwood Realty LLC
Limited Warranty Deed
$2,500,000 · South State Bank
May 14, 2020
—
Beechwood Realty LLC
Centerstate Bk NA
Quit Claim Deed
related
—
Nov 2, 2015
$600,000
Looking Good Properties INC
Beechwood Realty LLC
Grant Deed
—
Feb 22, 2005
$1,750,000
Beechwood Realty LLC
First Berkshire Properties
Deed
—
—
—
Beechwood Realty LLC
—
Loan Modification
related
$1,070,581 · Charterbank
—
—
Beechwood Realty LLC
—
Loan Modification
related
$1,200,000 · Charter Bank
—
—
Beechwood Realty LLC
—
Deed Of Trust
related
$500,000 · Charter One Mortgage Corp
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?”
You own 110 Commerce Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
