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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Manufacturing properties
1220 Colwell Rd Blue Ridge, GA 30513-3310
Entity Owned
4-yr Hold
Free & Clear
Property ID
US22-3119479
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1998
Total area
1,320 SF
Lot
1 ac (43,560 SF)
Zoning code
RESIDENTIAL
APN
0019 C 03201
UPID
US22-3119479
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
$590k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$625k
Owner & transaction history
Ritchie Creek Holdings LLC · 4 yrs held
Ritchie Creek Holdings LLC
since 2021
Last sale
$625,000
7 recorded transactions
Zoning & alternative use
RESIDENTIAL · Blue Ridge, 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 Blue Ridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Blue Ridge 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
$650,000
ML approach
$590,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$625k
Range $563k – $688k · ±10% · vs last sale $625k (Oct 29 2021)
Last sale anchor
$625k
Oct 29 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
$473 / 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
$327
Tax year 2023
Assessed value
$32,112
Assessed 2023
Previous assessed
$32,112
+0.0% YoY
Effective rate
1.02%
On assessed value
Assessed land
$10,000
Assessed improvement
$22,112
Land market value
$25,000
Improvement market value
$55,279
Total market value
$80,279
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1998
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
1,320 SF
Lot
1 ac (43,560 SF)
Zoning code
RESIDENTIAL
APN
0019 C 03201
UPID
US22-3119479
Jurisdiction
FANNIN
Zoning & alternative use
RESIDENTIAL · Blue Ridge, GA
Zoning RESIDENTIAL · permitted uses
RESIDENTIAL · Blue Ridge, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Blue Ridge. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Heating
NONE
Cooling
Yes
Stories
1
Lot
1 ac
Current owner
From public records · entity-resolved
Ritchie Creek Holdings LLC
Entity
Free & Clear · 4 yrs held
Mailing address
13585 HOPEWELL RD, MILTON, GA 30004-3522
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 29, 2021
$625,000
Ritchie Creek Holdings LLC
Lscg Fund 31 LLC
Limited Warranty Deed
—
Oct 25, 2018
$75,000
Strata Trust Co Custodian Fbo
Oasis At Ritchie Creek LLC
Limited Warranty Deed
—
Oct 24, 2018
—
Oasis At Ritchie Creek LLC
Makisha Watson
Quit Claim Deed
related
—
Jun 8, 2018
$419,000
Duke J Chappuis
Pebr LLC
Limited Warranty Deed
—
Apr 27, 2018
—
Carl Eldred
Oasis At Ritchie Creek LLC
Warranty Deed
—
Feb 2, 2016
$60,000
Makisha Watson
Karen E Sanders
Warranty Deed
—
May 3, 2012
—
Trilogy Enterprises INC
Renita S Friesen
Warranty Deed
—
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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