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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Warehouses
1239 Willingham Dr East Point, GA 30344-4916
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-2822262
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1980
Construction
WOOD
Total area
8,580 SF
Lot
1.11 ac (48,352 SF)
Zoning code
I1
APN
14 013100160351
UPID
US22-2822262
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$550k
Owner & transaction history
1224 Central Avenue LLC · 4 yrs held
1224 Central Avenue LLC
since 2021
Last sale
$10,000
7 recorded transactions
Zoning & alternative use
I1 · East Point, 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 East Point submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Point 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$64 / 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
$4,417
Tax year 2023
Assessed value
$156,480
Assessed 2024
Previous assessed
$156,480
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$62,480
Assessed improvement
$94,000
Land market value
$156,200
Improvement market value
$235,000
Total market value
$391,200
Applied tax rate
20.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1980
Construction
WOOD
Heating
NONE
Stories
1
Total area
8,580 SF
Lot
1.11 ac (48,352 SF)
Zoning code
I1
APN
14 013100160351
UPID
US22-2822262
Jurisdiction
FULTON
Zoning & alternative use
I1 · East Point, GA
Zoning I1 · permitted uses
I1 · East Point, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Point. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Construction
WOOD
Heating
NONE
Stories
1
Lot
1.11 ac
Current owner
From public records · entity-resolved
1224 Central Avenue LLC
Entity
Mailing address
1224 CENTRAL AVE, EAST POINT, GA 30344-4923
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 11, 2021
—
1224 Central Avenue LLC
Kronos Resources LLC
Warranty Deed
$1,000,000 · Halborne Financial Group
Mar 26, 2021
$10,000
Kronos Resources LLC
Marchand Investments LLC
Warranty Deed
—
Dec 10, 2018
—
Marchand Investments LLC
—
Deed
related
$291,000 · Calumet Bk
Dec 27, 2016
—
Marchand Investments LLC
—
Deed
related
$200,000 · Charter Bk
May 4, 2016
—
Marchand Investments LLC
—
Deed
related
$50,000 · Charterbank
Apr 29, 2014
—
1239 Willingham LLC
Quantum Natl Bk
Quit Claim Deed
related
—
Apr 24, 2014
$220,000
Marchand Investments LLC
3239 Willingham LLC
Grant Deed
$183,000 · Charterbank
Aug 31, 2007
$275,001
1239 Willingham LLC
Rbc Centura Bank
Trustees Deed
related
—
Aug 7, 2007
—
1239 Willingham LLC
Square Corner LLC
Grant Deed
related
—
—
—
Marchand Investments LLC
—
Deed Of Trust
related
$291,000 · Calumet Bk
—
—
1239 Willingham LLC
—
Deed Of Trust
related
$247,000 · Quantum National Bank
—
—
1239 Willingham LLC
—
Deed Of Trust
related
$247,000 · Quantum National Bank
—
—
Marchand Investments LLC
—
Deed Of Trust
related
$50,000 · Charterbank
—
—
1239 Willingham LLC
—
Deed Of Trust
related
$229,804 · Quantum National Bank
—
—
Marchand Investments LLC
—
Loan Modification
related
$200,000 · Charter Bk
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.
Try Rey
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