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Property profile & analytics
OFF-MARKET
Estimated value
$19,865,000
Distribution centers
1260 Southern Rd, Morrow, GA 30260-2920
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1253942
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1973
Total area
199,045 SF
Lot
9.1 ac (396,396 SF)
Zoning code
HI
APN
12-081A- A-001
UPID
US22-1253942
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
-
Global Group Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$22.48M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$19.87M
Owner & transaction history
Rhc 1260 Southern LLC · 4 yrs held
Rhc 1260 Southern LLC
since 2021
Last sale
$18.3M
7 recorded transactions
Zoning & alternative use
HI · Morrow, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$32.9M
+117.0%
Commercial (general)
$29.7M
+95.9%
Neighborhood: shopping center
$28.1M
+85.4%
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 Morrow submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Morrow 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
$20,385,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$24,355,000
6.5%
$22,480,000
7%
$20,875,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$15,165,000
Current use
OFFICE BUILDING
$32,915,000
Change: +117% · Conversion: Difficult
COMMERCIAL (GENERAL)
$29,715,000
Change: +96% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$28,115,000
Change: +85% · Conversion: Moderate
Blend value · Realmo final
$19.87M
Range $17.88M – $21.85M · ±10% · vs last sale $18.30M (Sep 15 2021)
Last sale anchor
$18.30M
Sep 15 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
$100 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$110,479
Tax year 2024
Assessed value
$2,831,920
Assessed 2024
Previous assessed
$2,872,120
-1.4% YoY
Effective rate
3.90%
On assessed value
Assessed land
$218,400
Assessed improvement
$2,613,520
Land market value
$546,000
Improvement market value
$6,533,800
Total market value
$7,079,800
Applied tax rate
8.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1973
Heating
NONE
Total area
199,045 SF
Lot
9.1 ac (396,396 SF)
Zoning code
HI
APN
12-081A- A-001
UPID
US22-1253942
Jurisdiction
CLAYTON
Zoning & alternative use
HI · Morrow, GA
Zoning HI · permitted uses
HI · Morrow, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Morrow. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$15.2M
OFFICE BUILDING
Est. value
$32.9M
COMMERCIAL (GENERAL)
Est. value
$29.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$28.1M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1973
Heating
NONE
Lot
9.1 ac
Current owner
From public records · entity-resolved
Rhc 1260 Southern LLC
Entity
Free & Clear · 4 yrs held
Mailing address
400 N ASHLEY DR STE #1750, TAMPA, FL 33602-4390
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 15, 2021
$18,300,000
Rhc 1260 Southern LLC
Gpt Morrow Owner LLC
Limited Warranty Deed
—
Dec 3, 2014
$7,000,000
Gpt Morrow Owner LLC
Tci Southern LLC
Grant Deed
—
Jan 3, 2012
$2,450,000
Tci Southern LLC
Bh Southern Commerce LLC
Grant Deed
$2,783,000 · A10 Capital LLC
Dec 19, 2007
—
B H Southern Commerce LLC
Gonzini,arsalan
Grant Deed
related
$3,745,900 · Wells Fargo Bank
Sep 28, 2007
$7,950,000
B H Properties LLC
Ch Realty IV Mk Nq LLC
Grant Deed
—
Sep 28, 2007
—
Ch Realty IV Mk Nq LLC
Crow Holdings Realty Partn
Grant Deed
related
—
May 31, 2006
$4,892,400
Realy Ch IV
Kuniansky,david L
Grant Deed
—
Mar 1, 2006
—
David L Kuniansky
Dad II LLC
Grant 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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