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Property profile & analytics
OFF-MARKET
Estimated value
$790,000
Warehouses
1107 Dr Martin Luther King Jr Dr Eastman, GA 31023-7007
Entity Owned
5-yr Hold
Free & Clear
Property ID
US22-2916316
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1972
Total area
28,029 SF
Lot
6.72 ac (292,723 SF)
Zoning code
RESIDENTIAL
APN
E06 025
UPID
US22-2916316
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
$505k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.08M
Blend (final)
Blend
$790k
Owner & transaction history
W T Howell Real Estate Holdings LLC · 5 yrs held
W T Howell Real Estate Holdings LLC
since 2021
4 recorded transactions
Zoning & alternative use
RESIDENTIAL · Eastman, 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 Eastman submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eastman 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
$505,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$790k
Range $711k – $869k · ±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
$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 2023Property tax & assessments
Tax year 2023
Tax billed
$3,327
Tax year 2023
Assessed value
$99,839
Assessed 2023
Previous assessed
$96,592
+3.4% YoY
Effective rate
3.33%
On assessed value
Assessed land
$20,160
Assessed improvement
$79,679
Land market value
$50,400
Improvement market value
$199,197
Total market value
$249,597
Applied tax rate
2.0000
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
1972
Heating
SPACE
Stories
1
Total area
28,029 SF
Lot
6.72 ac (292,723 SF)
Zoning code
RESIDENTIAL
APN
E06 025
UPID
US22-2916316
Jurisdiction
DODGE
Zoning & alternative use
RESIDENTIAL · Eastman, GA
Zoning RESIDENTIAL · permitted uses
RESIDENTIAL · Eastman, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Eastman. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Heating
SPACE
Stories
1
Lot
6.72 ac
Current owner
From public records · entity-resolved
W T Howell Real Estate Holdings LLC
Entity
Free & Clear · 5 yrs held
Mailing address
522 LEGION DR, EASTMAN, GA 31023-7000
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2021
—
W T Howell Real Estate Holdings LLC
W T Howell & Sons INC
Warranty Deed
—
Nov 9, 2018
$220,000
W T Howell & Sons INC
Bank Of Eastman
Warranty Deed
—
Aug 5, 2010
$280,000
Bank Of Eastman
Kimmark LLC
Foreclosure
related
—
Feb 1, 2007
$285,000
Kimmark LLC
Carroll L Braden
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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