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Property profile & analytics
OFF-MARKET
Estimated value
$1,500,000
Warehouses
131 Britt Waters NW Rd, Milledgeville, GA 31061-9664
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-2224039
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1990
Construction
STEEL FRAME
Total area
14,190 SF
Lot
10.4 ac (453,024 SF)
Zoning code
UNZONED RURAL
APN
052 035
UPID
US22-2224039
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
-
Air Evac Lifeteam 140 Ambulance Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.50M
Owner & transaction history
Milledgeville Transfer Station LLC · 1 yrs held
Milledgeville Transfer Station LLC
since 2024
Last sale
$1.5M
5 recorded transactions
Zoning & alternative use
UNZONED RURAL · Milledgeville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.5M
+58.4%
Office building
$1.4M
+46.8%
Restaurant
$1.3M
+41.0%
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 Milledgeville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milledgeville 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
$1,500,000
ML approach
$1,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$950,000
Current use
COMMERCIAL (GENERAL)
$1,505,000
Change: +58% · Conversion: Difficult
OFFICE BUILDING
$1,395,000
Change: +47% · Conversion: Difficult
RESTAURANT
$1,340,000
Change: +41% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,140,000
Change: +20% · Conversion: Easy
MEDICAL BUILDING
$1,070,000
Change: +13% · Conversion: Difficult
RETAIL STORES
$1,070,000
Change: +13% · Conversion: Moderate
Blend value · Realmo final
$1.50M
Range $1.35M – $1.65M · ±10% · vs last sale $1.50M (Oct 31 2024)
Last sale anchor
$1.50M
Oct 31 2024
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
$106 / 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
$3,994
Tax year 2023
Assessed value
$184,336
Assessed 2024
Previous assessed
$163,872
+12.5% YoY
Effective rate
2.17%
On assessed value
Assessed land
$48,960
Assessed improvement
$135,376
Land market value
$122,400
Improvement market value
$338,440
Total market value
$460,840
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1990
Construction
STEEL FRAME
Heating
NONE
Buildings
4
Stories
1
Total area
14,190 SF
Lot
10.4 ac (453,024 SF)
Zoning code
UNZONED RURAL
APN
052 035
UPID
US22-2224039
Jurisdiction
BALDWIN
Zoning & alternative use
UNZONED RURAL · Milledgeville, GA
Zoning UNZONED RURAL · permitted uses
UNZONED RURAL · Milledgeville, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milledgeville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$950,000
COMMERCIAL (GENERAL)
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.4M
RESTAURANT
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.1M
RETAIL STORES
Est. value
$1.1M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
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
1990
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
4
Lot
10.4 ac
Current owner
From public records · entity-resolved
Milledgeville Transfer Station LLC
Entity
Mailing address
520 GA HWY 22ND W, MILLEDGEVILLE, GA 31061-8122
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2024
$1,500,000
Milledgeville Transfer Station LLC
Robert T Attaway
Warranty Deed
—
Oct 31, 2024
—
Milledgeville Transfer Station LLC
Robert T Attaway
Quitclaim Deed
related
—
Sep 14, 2023
—
Robert T Attaway
—
Deed
related
$1,005,000 · Exchange Bank
Nov 20, 2006
—
Robert T Attaway III
Attaway Waste Svcs LLC
Deed
—
Nov 30, 2005
—
Attaway Waste Svcs LLC
Robert T Attaway III
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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