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Property profile & analytics
OFF-MARKET
Estimated value
$125,000
Warehouses
111 Elbert St Elberton, GA 30635-2126
Entity Owned
4-yr Hold
Free & Clear
Property ID
US22-3320441
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1900
Construction
WOOD
Total area
11,591 SF
Lot
0.36 ac (15,682 SF)
Zoning code
ELBERTON
APN
E18 065
UPID
US22-3320441
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
$155k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$125k
Owner & transaction history
B & R Gasoline Alley LLC · 4 yrs held
B & R Gasoline Alley LLC
since 2022
Last sale
$120,000
4 recorded transactions
Zoning & alternative use
ELBERTON · Elberton, GA
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 Elberton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elberton 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
$125,000
ML approach
$155,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$125k
Range $113k – $138k · ±10% · vs last sale $120k (Feb 2 2022)
Last sale anchor
$120k
Feb 2 2022
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
$11 / 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
$829
Tax year 2023
Assessed value
$33,688
Assessed 2023
Previous assessed
$33,688
+0.0% YoY
Effective rate
2.46%
On assessed value
Assessed land
$14,159
Assessed improvement
$19,529
Land market value
$35,398
Improvement market value
$48,822
Total market value
$84,220
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
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
1900
Construction
WOOD
Heating
NONE
Total area
11,591 SF
Lot
0.36 ac (15,682 SF)
Zoning code
ELBERTON
APN
E18 065
UPID
US22-3320441
Jurisdiction
ELBERT
Zoning & alternative use
ELBERTON · Elberton, GAZoning ELBERTON · permitted uses
ELBERTON · Elberton, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Chapter 22
Building & site characteristics
From public records
Year built
1900
Construction
WOOD
Heating
NONE
Lot
0.36 ac
Current owner
From public records · entity-resolved
B & R Gasoline Alley LLC
Entity
Free & Clear · 4 yrs held
Mailing address
111 ELBERT ST, ELBERTON, GA 30635-2126
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Jul 27, 2023
—
Adhrit Properties LLC
—
Deed
related
$55,000 · B&r Gasoline Alley
Feb 2, 2022
$120,000
B & R Gasoline Alley LLC
Closeout Tools And More LLC
Warranty Deed
—
Nov 25, 2020
$24,000
Closeout Tools And More LLC
Betty H Lester
Warranty Deed
$19,200 · Northeast Georgia Bank
Nov 19, 2015
—
Betty H Lester
William L Lester
Warranty Deed
related
—
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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