Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Warehouses
1144 Sigman NE Rd Conyers, GA 30012-3806
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US22-0792874
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1997
Construction
STEEL FRAME
Total area
3,560 SF
Lot
3.16 ac (137,650 SF)
Zoning code
BN
APN
068-0-01-001B
UPID
US22-0792874
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
-
Compass Self Storage Storage Facility
-
U-Haul Neighborhood Dealer Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$440k
CAP Approach
CAP
$570k
Comparable Approach
Comparable
$591k
Blend (final)
Blend
$535k
Owner & transaction history
Amsdell Storage Ventures Xxxix · 10 yrs held
Amsdell Storage Ventures Xxxix
since 2016
4 recorded transactions
Zoning & alternative use
BN · Conyers, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The BN District is composed primarily of low-intensity retail and commercial services generally designed to satisfy the common and frequent needs of the residents of nearby neighborhoods, It is the intent of this district to encourage such uses to be of a residential scale and character that is compatible with adjacent neighborhoods
Zone name
Neighborhood Business
General category
COMMERCIAL
Zone area
84.77 ac
Source
Realmo
Top alternative use upside
Medical building
$655,000
+85.3%
Retail stores
$570,000
+60.7%
Office building
$515,000
+45.0%
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
$440,000
CAP Approach
CAP Return
Estimation
6%
$615,000
6.5%
$570,000
7%
$530,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$355,000
Current use
MEDICAL BUILDING
$655,000
Change: +85% · Conversion: Difficult
RETAIL STORES
$570,000
Change: +61% · Conversion: Moderate
OFFICE BUILDING
$515,000
Change: +45% · Conversion: Difficult
AUTO REPAIR, GARAGE
$445,000
Change: +25% · Conversion: Easy
Blend value · Realmo final
$535k
Range $482k – $589k · ±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
$150 / 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
$51,447
Tax year 2023
Assessed value
$923,480
Assessed 2023
Previous assessed
$923,480
+0.0% YoY
Effective rate
5.57%
On assessed value
Assessed land
$158,560
Assessed improvement
$764,920
Land market value
$396,400
Improvement market value
$1,912,300
Total market value
$2,308,700
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
1997
Construction
STEEL FRAME
Heating
NONE
Buildings
4
Stories
1
Total area
3,560 SF
Lot
3.16 ac (137,650 SF)
Zoning code
BN
APN
068-0-01-001B
UPID
US22-0792874
Jurisdiction
ROCKDALE
Zoning & alternative use
BN · Conyers, GAZoning BN · permitted uses
BN · Conyers, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The BN District is composed primarily of low-intensity retail and commercial services generally designed to satisfy the common and frequent needs of the residents of nearby neighborhoods, It is the intent of this district to encourage such uses to be of a residential scale and character that is compatible with adjacent neighborhoods
Zone name
Neighborhood Business
General category
COMMERCIAL
Zone area
84.77 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$355,000
MEDICAL BUILDING
Est. value
$655,000
RETAIL STORES
Est. value
$570,000
OFFICE BUILDING
Est. value
$515,000
AUTO REPAIR, GARAGE
Est. value
$445,000
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1997
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
4
Lot
3.16 ac
Current owner
From public records · entity-resolved
Amsdell Storage Ventures Xxxix
Entity
Mailing address
20445 EMERALD PKWY #2, CLEVELAND, OH 44135-6009
Ownership since
2016
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
Jan 13, 2016
—
Amsdell Storage Ventures Xxxix
Taiko Corp
Quit Claim Deed
related
—
Jan 13, 2016
$1,650,000
Amsdell Storage Ventures Xxxix
Taiko Corp
Grant Deed
—
—
—
Taiko Corp
—
Deed Of Trust
related
$856,000 · Branch Banking & Trust Co
—
—
Taiko,corp
—
Deed Of Trust
related
$856,000 · Branch Banking & Trust Co
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 1144 Sigman NE Rd?
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.
