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Property profile & analytics
OFF-MARKET
Estimated value
$1,540,000
Manufacturing properties
120 Veterans Memorial SE Hwy Mableton, GA 30126-2645
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US22-1344491
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1996
Total area
12,120 SF
Lot
4.52 ac (196,761 SF)
Zoning code
LI/WS
APN
18004300160
UPID
US22-1344491
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
-
Kendrick Tool & Engineering Co Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.56M
CAP Approach
CAP
$1.14M
Comparable Approach
Comparable
$1.48M
Blend (final)
Blend
$1.54M
Owner & transaction history
Clay & Lee Holdmgs LLC · 1 yrs held
Clay & Lee Holdmgs LLC
since 2025
Last sale
$1.5M
3 recorded transactions
Zoning & alternative use
LI/WS · Mableton, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.5M
+101.4%
Auto repair, garage
$2.4M
+93.4%
Neighborhood: shopping center
$2.4M
+90.4%
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 Mableton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mableton 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
$1,595,000
ML approach
$1,560,000
CAP Approach
CAP Return
Estimation
6%
$1,230,000
6.5%
$1,135,000
7%
$1,055,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,245,000
Current use
RETAIL STORES
$2,510,000
Change: +101% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,410,000
Change: +93% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,375,000
Change: +90% · Conversion: Difficult
Blend value · Realmo final
$1.54M
Range $1.39M – $1.69M · ±10% · vs last sale $1.53M (Sep 23 2021)
Last sale anchor
$1.53M
Sep 23 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
$127 / 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
$12,972
Tax year 2023
Assessed value
$701,986
Assessed 2024
Previous assessed
$495,360
+41.7% YoY
Effective rate
1.85%
On assessed value
Assessed land
$249,076
Assessed improvement
$452,910
Land market value
$622,690
Improvement market value
$452,910
Total market value
$1,075,600
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1996
Heating
NONE
Total area
12,120 SF
Lot
4.52 ac (196,761 SF)
Zoning code
LI/WS
APN
18004300160
UPID
US22-1344491
Jurisdiction
COBB
Zoning & alternative use
LI/WS · Mableton, GA
Zoning LI/WS · permitted uses
LI/WS · Mableton, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mableton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.2M
RETAIL STORES
Est. value
$2.5M
AUTO REPAIR, GARAGE
Est. value
$2.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.4M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1996
Heating
NONE
Lot
4.52 ac
Current owner
From public records · entity-resolved
Clay & Lee Holdmgs LLC
Entity
Mailing address
120 VETERANS MEMORIAL HWY SE, MABLETON, GA 30126-2645
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 9, 2025
—
Clay & Lee Holdmgs LLC
Kendrick Tool & Engineering Co INC
Deed
related
$1,855,000 · First Citizens Bank & Trust Co
Sep 23, 2021
$1,525,000
Clay & Lee Holdings LLC
Kendrick Tool & Engineering Co INC
Limited Warranty Deed
—
Sep 23, 2021
—
Clay & Lee Holdings LLC
Kendrick Tool & Engineering Co INC
Quit Claim Deed
related
$1,966,500 · Atlantic Capital Bank NA
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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