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Property profile & analytics
OFF-MARKET
Estimated value
$2,450,000
Auto shops
111 Fleet Dr, Villa Rica, GA 30180-1089
Entity Owned
Free & Clear
Property ID
US22-0708038
Property summary
AI-generated overview
This exceptional 10,560-square-foot warehouse, located at 111 Fleet Drive in Villa Rica, Georgia, presents a significant opportunity for industrial businesses seeking a single-tenant space. Situated on a generous 4.64-acre lot, the property offers ample room for expansion, outdoor storage, or additional operational needs. The warehouse boasts a substantial 22-foot ceiling height, providing significant vertical storage capacity and facilitating efficient material handling. The entire 10,560 square feet is currently vacant and ready for immediate occupancy. The property's location in Carroll County, Georgia, offers convenient access to major transportation routes, ensuring seamless logistics and distribution. This single-tenant industrial building is ideal for a variety of uses, from warehousing and distribution to light manufacturing and storage. The expansive lot size provides significant flexibility for future development or expansion. The property is zoned for industrial use and is ready for immediate occupancy. The address is 111 Fleet Drive, Villa Rica, GA 30180.
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1998
Construction
STEEL FRAME
Total area
10,560 SF
Lot
4.64 ac (202,118 SF)
Zoning code
GI
APN
V03-012-0349
UPID
US22-0708038
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
-
Royal Trucking Company Villa Rica Terminal Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.45M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.66M
Blend (final)
Blend
$2.45M
Owner & transaction history
Rlf 4 Fleet Drive Spe LLC
Rlf 4 Fleet Drive Spe LLC
since 2025
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
GI · Villa Rica, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.4M
+44.4%
Retail stores
$1.7M
+1.9%
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 Villa Rica submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Villa Rica 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
$2,450,000
ML approach
$2,450,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,645,000
Current use
COMMERCIAL (GENERAL)
$2,370,000
Change: +44% · Conversion: Moderate
RETAIL STORES
$1,675,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$2.45M
Range $2.21M – $2.70M · ±10% · vs last sale $2.45M (Aug 27 2024)
Last sale anchor
$2.45M
Aug 27 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
$232 / 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
$10,278
Tax year 2023
Assessed value
$328,043
Assessed 2023
Previous assessed
$328,043
+0.0% YoY
Effective rate
3.13%
On assessed value
Assessed land
$102,080
Assessed improvement
$225,963
Land market value
$255,200
Improvement market value
$564,908
Total market value
$820,108
Applied tax rate
3.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1998
Construction
STEEL FRAME
Heating
NONE
Cooling
CENTRAL
Buildings
2
Total area
10,560 SF
Lot
4.64 ac (202,118 SF)
Zoning code
GI
APN
V03-012-0349
UPID
US22-0708038
Jurisdiction
CARROLL
Zoning & alternative use
GI · Villa Rica, GA
Zoning GI · permitted uses
GI · Villa Rica, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Villa Rica. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$2.4M
RETAIL STORES
Est. value
$1.7M
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
RETAIL STORES
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
1998
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Buildings
2
Lot
4.64 ac
Current owner
From public records · entity-resolved
Rlf 4 Fleet Drive Spe LLC
Entity
Free & Clear · 0 yrs held
Mailing address
111 FLEET DR, VILLA RICA, GA 30180-1089
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2025
$5,953,458
Rlf 4 Fleet Drive Spe LLC
111 Fleet Drive LLC
Deed
—
Dec 23, 2025
—
Rlf 4 Fleet Drive Spe LLC
111 Fleet Drive LLC
Quitclaim Deed
related
—
Aug 27, 2024
$2,450,000
111 Fleet Drive LLC
Larry L Lawrence
Limited Warranty Deed
—
Aug 27, 2024
—
111 Fleet Drive LLC
Larry L Lawrence
Quitclaim Deed
related
—
Mar 2, 2010
$550,000
Larry L Lawrence
Douglas Cnty Bk
Grant Deed
$496,779 · Douglas County Bank & Trust Co
Feb 25, 2010
$550,000
Larry L Lawrence
Douglas County Bank
Grant Deed
$496,779 · Douglas County Bank & Trust Co
Jan 25, 2010
$600,000
Douglas Cnty Bk
Albertson,brian D
Trustees Deed
related
—
Jan 5, 2010
$600,000
Douglas County Bank
Douglas County Bank
Grant Deed
related
—
Jan 20, 2006
$650,000
Brian Albertson
West Ga Natl Bk
Grant Deed
$656,032 · Douglas County Bank & Trust Co
Nov 1, 2005
$403,119
West Ga Natl Bk
All Fleet Refinishing INC
Trustees 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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