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Property profile & analytics
FOR LEASE
Distribution centers
1325 Highway 42 S McDonough, GA 30252
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US22-0599865
For Lease
$10,415,000
1325 Highway 42 S, McDonough, GA 30252
View Listing →
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2018
Construction
CONCRETE
Total area
1,111,620 SF
Lot
67.79 ac (2,952,845 SF)
Zoning code
M2
APN
109-01030000
UPID
US22-0599865
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
$10.42M
Owner & transaction history
Henry County Development Authority · 4 yrs held
Henry County Development Authority
since 2021
4 recorded transactions
Zoning & alternative use
M2 · Mcdonough, 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 McDonough submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs McDonough 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
$9 / 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
$445,845
Tax year 2024
Assessed value
$10,724,820
Assessed 2024
Previous assessed
$10,724,820
+0.0% YoY
Effective rate
4.16%
On assessed value
Assessed land
$1,152,400
Assessed improvement
$9,572,420
Land market value
$2,881,000
Improvement market value
$23,931,050
Total market value
$26,812,050
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
For Lease
Year built
2018
Construction
CONCRETE
Heating
FORCED AIR
Cooling
NONE
Buildings
3
Stories
2
Units
1
Rooms
25
Bathrooms
8
Total area
1,111,620 SF
Lot
67.79 ac (2,952,845 SF)
Zoning code
M2
APN
109-01030000
UPID
US22-0599865
Jurisdiction
HENRY
Zoning & alternative use
M2 · Mcdonough, GA
Zoning M2 · permitted uses
M2 · Mcdonough, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mcdonough. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2018
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
3
Units
1
Rooms
25
Bathrooms
8
Lot
67.79 ac
Current owner
From public records · entity-resolved
Henry County Development Authority
Entity
Mailing address
PO BOX 847, CARLSBAD, CA 92018-0847
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
Oct 28, 2021
$30,000,000
Henry County Development Authority
Pnk S2 LLC
Limited Warranty Deed
$42,000,000 · Pnk S2
Feb 4, 2021
$36,500,000
Henry County Development Authority
Pnk S2 LLC
Limited Warranty Deed
$36,500,000 · Pnk S2
Jun 12, 2017
$20,284,800
Pnk S2 LLC
Lambert Family Invs Lllp
Grant Deed
—
Nov 6, 1996
—
Lorraine I Lambert
Lambert,raymond P
Quit Claim 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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