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Property profile & analytics
OFF-MARKET
Estimated value
$9,180,000
Distribution centers
1133 Culpepper SW Dr Conyers, GA 30094-5997
Entity Owned
1-yr Hold
Free & Clear
Property ID
US22-1685945
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1987
Construction
STEEL FRAME
Total area
81,300 SF
Lot
8.23 ac (358,499 SF)
Zoning code
ID
APN
C12-0-02-0031
UPID
US22-1685945
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
by Request
CAP Approach
CAP
$9.18M
Comparable Approach
Comparable
$8.04M
Blend (final)
Blend
$9.18M
Owner & transaction history
1133 Culpepper Dr LLC · 1 yrs held
1133 Culpepper Dr LLC
since 2025
Last sale
$9.8M
7 recorded transactions
Zoning & alternative use
ID · Conyers, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$15.0M
+88.5%
Retail stores
$13.0M
+63.5%
Auto repair, garage
$10.1M
+27.3%
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 Conyers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conyers 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
by Request
CAP Approach
CAP Return
Estimation
6%
$9,945,000
6.5%
$9,180,000
7%
$8,525,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$7,940,000
Current use
MEDICAL BUILDING
$14,965,000
Change: +88% · Conversion: Difficult
RETAIL STORES
$12,985,000
Change: +64% · Conversion: Moderate
AUTO REPAIR, GARAGE
$10,110,000
Change: +27% · Conversion: Easy
OFFICE BUILDING
$9,680,000
Change: +22% · Conversion: Difficult
Blend value · Realmo final
$9.18M
Range $8.26M – $10.10M · ±10% · vs last sale $9.75M (Aug 18 2024)
Last sale anchor
$9.75M
Aug 18 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
$113 / 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
$109,011
Tax year 2023
Assessed value
$1,951,200
Assessed 2023
Previous assessed
$1,951,200
+0.0% YoY
Effective rate
5.59%
On assessed value
Assessed land
$115,174
Assessed improvement
$1,836,026
Land market value
$287,936
Improvement market value
$4,590,064
Total market value
$4,878,000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1987
Construction
STEEL FRAME
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
81,300 SF
Lot
8.23 ac (358,499 SF)
Zoning code
ID
APN
C12-0-02-0031
UPID
US22-1685945
Jurisdiction
ROCKDALE
Zoning & alternative use
ID · Conyers, GA
Zoning ID · permitted uses
ID · Conyers, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Conyers. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$7.9M
MEDICAL BUILDING
Est. value
$15.0M
RETAIL STORES
Est. value
$13.0M
AUTO REPAIR, GARAGE
Est. value
$10.1M
OFFICE BUILDING
Est. value
$9.7M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1987
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
8.23 ac
Current owner
From public records · entity-resolved
1133 Culpepper Dr LLC
Entity
Free & Clear · 1 yrs held
Mailing address
424 MADISON AVE FL, NEW YORK, NY 10017-1137
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2025
—
1133 Culpepper Dr LLC
Bsst 2021 Sscp Mortgage Trust Comme
Quitclaim Deed
related
—
Nov 18, 2024
$9,750,000
Exeter 1133 Culpepper LLC
1133 Cupepper Dr LLC
Warranty Deed
$595,000,000 · Morgan Stanley Mortgage Capital Hol
Mar 23, 2021
$5,018,000
1133 Culpepper Dr LLC
Georgia Becknell Investors LLC
Limited Warranty Deed
$238,000,000 · Barclays Capital Real Estate
Sep 24, 2014
—
Georgia Becknell Investors LLC
Rock 1 LLC
Quit Claim Deed
related
—
Sep 24, 2014
$3,200,000
Georgia Becknell Investors LLC
Rock 1 LLC
Grant Deed
—
Nov 20, 2007
$3,095,400
Rock 1 LLC
Arb Conyers LLC
Grant Deed
—
Nov 20, 2007
—
Arb Conyers LLC
Development Authority Of C
Grant 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.
Try Rey
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