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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    117 Valentine Industrial Pkwy Pendergrass, GA 30567

    • Distribution centers
    • 999,205 SF
    • 74.81 lot acres
    OFF-MARKET
    Last Sale
    Dec 02, 2020
    Value Estimations
    $5,405,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-2764509
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Walmart Fulfillment Center / Distribution Center / Logistics Company

    Property Details for 117 Valentine Industrial Pkwy

    Year built
    2018
    Construction
    STEEL FRAME
    Lot size
    74.81 lot acres
    Property size
    999,205 SF
    Zone code
    L-I
    Property type
    Distribution centers
    APN
    091 007C
    APU
    091007C

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Pendergrass
    County
    Jackson
    State
    Georgia
    Longitude
    -83.6458
    Latitude
    34.185
    CBSA code
    27600
    CBSA name
    JEFFERSON, GA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $477,711
    $2,746,360
    $14,118,400
    $16,864,760
    -
    $6,865,900
    $35,296,000
    $42,161,900

    Comparable in this City

    • Value Estimation
      $2,235,000
      242,306 SF

      519 Bonnie Valentine Way

      DISTRIBUTION WAREHOUSE • 242,306 SF
      519 Bonnie Valentine Way, Pendergrass, GA 30567-4233
      View Details
    • Value Estimation
      $2,760,000
      518,125 SF

      500 Valentine Industrial Pkwy

      DISTRIBUTION WAREHOUSE • 518,125 SF
      500 Valentine Industrial Pkwy, Pendergrass, GA 30567-4238
      View Details
    • Value Estimation
      $4,515,000
      1,053,360 SF

      Toy Wright Rd

      DISTRIBUTION WAREHOUSE • 1,053,360 SF
      Toy Wright Rd, Pendergrass, GA 30567
      View Details
    • Value Estimation
      $1,835,000
      395,960 SF

      435 Henry D Robinson Blvd

      DISTRIBUTION WAREHOUSE • 395,960 SF
      435 Henry D Robinson Blvd, Pendergrass, GA 30567-4649
      View Details
    • Value Estimation
      $1,550,000
      369,844 SF

      365 Holland Dr

      DISTRIBUTION WAREHOUSE • 369,844 SF
      365 Holland Dr, Pendergrass, GA 30567-4625
      View Details
    • Value Estimation
      $16,890,000
      291,941 SF

      312 Holland Dr

      DISTRIBUTION WAREHOUSE • 291,941 SF
      312 Holland Dr, Pendergrass, GA 30567-4625
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      17,000 SF

      Pendergrass Industrial Warehouse

      17,000 SF Warehouse, New Construction
      145 Holland Dr, Pendergrass, GA 30567
      View Details
    • Contact for pricing
      848,525 SF

      Pendergrass Warehouse Space Available

      371,525 SF warehouse space available for lease.
      596 Bonnie Valentine Way, Pendergrass, GA 30567
      View Details
    • Contact for pricing
      118.00 Acres

      Jackson County Industrial Land

      Prime I-85 Corridor industrial land
      0 Valentine Industrial Pkwy, Jefferson, GA 30567
      View Details
    • Contact for pricing
      7.00 Acres

      Pendergrass Industrial Land Investment

      7-Acre Industrial Outdoor Storage Lot
      138 Holland Dr, Pendergrass, GA 30567
      View Details
    • $1,920,600

      Prime Industrial Land Assemblage

      8.73-acre site ideal for industrial, warehouse, or commercial development.
      And Wayne Poultry Rd, Pendergrass, GA 30567
      View Details
    • $1,920,600
      8.73 Acres

      Pendergrass Land for Development

      8.73-acre site ideal for industrial or commercial development.
      129 And Wayne Poultry Rd, Pendergrass, GA 30567
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,269,400 SF

      Jackson 85 North: Premier Warehousing

      Georgia Industrial Space: Multiple Buildings Available
      350 Raco Pkwy, Pendergrass, GA 30567
      View Details
    • Contact for pricing
      10,000 SF

      Modern Flex Warehouse on Hwy 129

      10,000 SF Flex Space - New Construction
      0 Enterprise Dr, Pendergrass, GA 30567
      View Details
    • Contact for pricing
      190,000 SF

      Pendergrass Warehouse Space For Lease

      60,000 - 190,000 SF build-to-suit warehouse space for lease.
      82 Raco Pkwy At Hwy, Pendergrass, GA 30567
      View Details
    • Contact for pricing
      400,000 SF

      Pendergrass Industrial Property for Lease

      400000 sqft industrial property with build-to-suit options.
      6000 Hwy U.S, Pendergrass, GA 30567
      View Details
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    Pendergrass, GA 30567
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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