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Property profile & analytics
OFF-MARKET
Estimated value
$19,255,000
Warehouses
1308 Hwy 41st N Milner, GA 30257-3734
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-0958303
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1992
Construction
STEEL FRAME
Total area
9,552 SF
Lot
31.65 ac (1,378,674 SF)
Zoning code
M-1
APN
006-064
UPID
US22-0958303
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$19.26M
Owner & transaction history
Ranews Milner LLC · 2 yrs held
Ranews Milner LLC
since 2023
Last sale
$17.8M
7 recorded transactions
Zoning & alternative use
M-1 · Milner, 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 Milner submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milner 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
$22,195,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$19.26M
Range $17.33M – $21.18M · ±10% · vs last sale $17.78M (Nov 3 2023)
Last sale anchor
$17.78M
Nov 3 2023
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
$2,016 / 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
$92,783
Tax year 2024
Assessed value
$3,625,484
Assessed 2024
Previous assessed
$3,415,510
+6.1% YoY
Effective rate
2.56%
On assessed value
Assessed land
$343,002
Assessed improvement
$3,282,482
Land market value
$857,506
Improvement market value
$8,206,205
Total market value
$9,063,711
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
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
1992
Construction
STEEL FRAME
Heating
NONE
Cooling
CENTRAL
Buildings
11
Stories
1
Total area
9,552 SF
Lot
31.65 ac (1,378,674 SF)
Zoning code
M-1
APN
006-064
UPID
US22-0958303
Jurisdiction
LAMAR
Zoning & alternative use
M-1 · Milner, GA
Zoning M-1 · permitted uses
M-1 · Milner, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milner. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1992
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
11
Lot
31.65 ac
Current owner
From public records · entity-resolved
Ranews Milner LLC
Entity
Mailing address
310 LEONARD ST NW, SAINT PAUL, MN 55117
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2023
$17,784,908
Ranews Milner LLC
Cot Se Industrial Owner LLC
Warranty Deed
$12,960,000 · Mercantile Bank
Sep 28, 2022
$18,000,000
Cot Se Industrial Owner LLC
Slr Properties LLC
Limited Warranty Deed
$19,751,900 · Bankwell Bank
May 21, 2020
—
Slr Properties LLC
—
Deed
related
$10,033,685 · United Bk
Aug 31, 2018
—
Slr Properties LLC
—
Deed
related
$3,000,000 · United Bk
Jun 26, 2008
—
Slr Properties LLC
Ranew,lester O JR
Grant Deed
$4,001,790 · United Bank
—
—
Slr Properties LLC
—
Deed Of Trust
related
$10,033,685 · United Bk
—
—
Slr Properties LLC
—
Deed Of Trust
related
$3,000,000 · United Bk
—
—
Slr Properties LLC
—
Deed Of Trust
related
$3,500,000 · United Bank
—
—
Slr Properties LLC
—
Deed Of Trust
related
$5,000,000 · Branch Banking & Trust Co
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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