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Property profile & analytics
OFF-MARKET
Estimated value
$915,000
Warehouses
1340 Milledge St East Point, GA 30344-1807
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US22-4696451
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1974
Total area
11,524 SF
Lot
3.24 ac (141,134 SF)
Zoning code
I1
APN
14 0134 LL0092
UPID
US22-4696451
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
$925k
CAP Approach
CAP
$1.25M
Comparable Approach
Comparable
$888k
Blend (final)
Blend
$915k
Owner & transaction history
1340 & 1344 Milledge LLC · 4 yrs held
1340 & 1344 Milledge LLC
since 2021
Last sale
$945,000
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
Method
Estimation
Statistic approach
$870,000
ML approach
$925,000
CAP Approach
CAP Return
Estimation
6%
$1,345,000
6.5%
$1,245,000
7%
$1,155,000
Blend value · Realmo final
$915k
Range $824k – $1.01M · ±10% · vs last sale $945k (Dec 9 2025)
Last sale anchor
$945k
Dec 9 2025
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
$79 / 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
$9,653
Tax year 2023
Assessed value
$525,600
Assessed 2024
Previous assessed
$342,000
+53.7% YoY
Effective rate
1.84%
On assessed value
Assessed land
$253,680
Assessed improvement
$271,920
Land market value
$634,200
Improvement market value
$679,800
Total market value
$1,314,000
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
1974
Heating
YES
Cooling
YES
Buildings
3
Stories
1
Total area
11,524 SF
Lot
3.24 ac (141,134 SF)
Zoning code
I1
APN
14 0134 LL0092
UPID
US22-4696451
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
1974
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Lot
3.24 ac
Current owner
From public records · entity-resolved
1340 & 1344 Milledge LLC
Entity
Mailing address
1095 EDGEWATER DR, ATLANTA, GA 30328-3511
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 2021
$855,000
1340 & 1344 Milledge LLC
1340 Milledge Street LLC
Warranty Deed
$935,000 · Atlantic Capital Bank
Aug 27, 2021
—
1340 & 1344 Milledge LLC
1340 Milledge Street LLC
Warranty Deed
—
Oct 8, 2012
$607,000
1340 Milledge Street LLC
Kfp II LLC
Grant Deed
$722,000 · Donald G & Eylene H King
Dec 1, 2006
$460,000
Kfp II LLC
Velocity Express INC
Deed
$240,500 · Lib Prop Ltd
—
—
1340 Milledge Street LLC
—
Deed Of Trust
related
$240,500 · Lib Properties Ltd
—
—
1340 Milledge Street LLC|87 Royal Drive LLC
—
Loan Modification
related
$275,000 · King Family Trust (pt)
—
—
1340 Milledge Street LLC
—
Deed Of Trust
related
$407,026 · National Bk/commerce
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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