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Property profile & analytics
OFF-MARKET
Estimated value
$2,985,000
Warehouses
123 Elm St, Adairsville, GA 30103-2902
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-1094493
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1950
Total area
6,426 SF
Lot
2.83 ac (123,275 SF)
Zoning code
C1
APN
A002-0003-025
UPID
US22-1094493
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
-
TrueSafe Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.27M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.99M
Owner & transaction history
Northwest Georgia Storage LLC · 5 yrs held
Northwest Georgia Storage LLC
since 2021
Last sale
$2.8M
4 recorded transactions
Zoning & alternative use
C1 · Adairsville, 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 Adairsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Adairsville 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
$3,170,000
ML approach
$3,265,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.99M
Range $2.69M – $3.28M · ±10% · vs last sale $2.75M (Jun 4 2021)
Last sale anchor
$2.75M
Jun 4 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
$465 / 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
$17,158
Tax year 2023
Assessed value
$637,667
Assessed 2023
Previous assessed
$637,667
+0.0% YoY
Effective rate
2.69%
On assessed value
Assessed land
$180,000
Assessed improvement
$457,667
Land market value
$450,000
Improvement market value
$1,144,168
Total market value
$1,594,168
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
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
1950
Heating
NONE
Cooling
YES
Buildings
7
Stories
1
Total area
6,426 SF
Lot
2.83 ac (123,275 SF)
Zoning code
C1
APN
A002-0003-025
UPID
US22-1094493
Jurisdiction
BARTOW
Zoning & alternative use
C1 · Adairsville, GA
Zoning C1 · permitted uses
C1 · Adairsville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Adairsville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Heating
NONE
Cooling
Yes
Stories
1
Buildings
7
Lot
2.83 ac
Current owner
From public records · entity-resolved
Northwest Georgia Storage LLC
Entity
Mailing address
3060 PEACHTREE RD NW STE #1400, ATLANTA, GA 30305-2241
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 15, 2023
—
Northwest Georgia Storage LLC
—
Deed
related
$1,500,000 · Georgias Own Credit Union
Jun 4, 2021
$2,750
Northwest Georgia Storage LLC
Mcpap Storage LLC
Warranty Deed
$2,200,000 · Vinings Bank
May 9, 2017
$1,040,000
Mcpap Storage LLC
Adairsville Storage & LLC
Grant Deed
$877,500 · Adairsville Storage Plus LLC
Jun 16, 2008
$651,450
Crescent Bank & Trust Co
Storage & LLC
Trustees Deed
related
—
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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