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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Industrial properties
12 Phillips SE Dr, Cartersville, GA 30121-2476
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1489026
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1990
Total area
7,680 SF
Lot
0.5 ac (21,780 SF)
Zoning code
M1
APN
C031-0002-014
UPID
US22-1489026
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
$575k
CAP Approach
CAP
$720k
Comparable Approach
Comparable
$621k
Blend (final)
Blend
$575k
Owner & transaction history
Afee Twelve LLC · 4 yrs held
Afee Twelve LLC
since 2021
Last sale
$525,000
7 recorded transactions
Zoning & alternative use
M1 · Cartersville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Cartersville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cartersville 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
$640,000
ML approach
$575,000
CAP Approach
CAP Return
Estimation
6%
$780,000
6.5%
$720,000
7%
$670,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$675,000
Current use
Blend value · Realmo final
$575k
Range $518k – $633k · ±10% · vs last sale $525k (Nov 1 2021)
Last sale anchor
$525k
Nov 1 2021
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
$75 / 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
$4,663
Tax year 2023
Assessed value
$191,907
Assessed 2023
Previous assessed
$191,907
+0.0% YoY
Effective rate
2.43%
On assessed value
Assessed land
$80,000
Assessed improvement
$111,907
Land market value
$200,000
Improvement market value
$279,767
Total market value
$479,767
Applied tax rate
1.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1990
Heating
RADIANT
Cooling
REFRIGERATOR
Stories
1
Bathrooms
2
Total area
7,680 SF
Lot
0.5 ac (21,780 SF)
Zoning code
M1
APN
C031-0002-014
UPID
US22-1489026
Jurisdiction
BARTOW
Zoning & alternative use
M1 · Cartersville, GA
Zoning M1 · permitted uses
M1 · Cartersville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cartersville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$675,000
INDUSTRIAL (GENERAL) Current
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
1990
Heating
RADIANT
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.5 ac
Current owner
From public records · entity-resolved
Afee Twelve LLC
Entity
Mailing address
85 WANSLEY DR SE, CARTERSVILLE, GA 30121-2474
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2021
$525,000
Afee Twelve LLC
John Howard
Warranty Deed
$420,000 · United Community Bank
Oct 23, 2018
$415,000
John P Howard
Timm Dev LLC
Warranty Deed
$300,000 · Century Bk/ga
Sep 16, 2016
—
Timm Development LLC
—
Deed
related
$300,000 · Wells Fargo Bank NA
Jun 25, 2013
$350,000
Phillips Industrial LLC
Meadows,ronald A
Warranty Deed
$250,000 · North Side Bank & Trust
Mar 2, 2005
$300,000
Ronald A Meadows
Soft Track Supply INC
Warranty Deed
$228,162 · Unity National Bank
—
—
Ronald Anthony Meadows
—
Deed Of Trust
related
$24,850 · Bank Of The Ozarks
—
—
Soft Track Supply INC
—
Deed Of Trust
related
$117,754 · Century Bank Bartow Ga
—
—
Soft Track Supply INC
—
Deed Of Trust
related
$109,385 · Century Bank Bartow Ga
—
—
Ronald A Meadows
—
Deed Of Trust
related
$25,000 · Century Bank
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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