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Property profile & analytics
OFF-MARKET
Estimated value
$3,165,000
Manufacturing properties
1355 Highlands Rdg SE Rd Smyrna, GA 30082-4858
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-1656732
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1993
Total area
99,136 SF
Lot
7.45 ac (324,478 SF)
Zoning code
LI
APN
17047500050
UPID
US22-1656732
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
-
Home Depot Innovation Center Corporate Office
-
Minute Key Locksmith
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.31M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.17M
Owner & transaction history
The Home Depot INC · 4 yrs held
The Home Depot INC
since 2022
Last sale
$3.0M
3 recorded transactions
Zoning & alternative use
LI · Smyrna, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent in establishing the LI district is to provide areas within the city for the manufacture, storage, sale and distribution of goods and the conduct of related commercial and industrial activities. The LI district is comprised primarily of those existing industrial use areas that are located on or have ready access to major thoroughfares and/or rail f…
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
607.57 ac
Source
Realmo
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 Smyrna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Smyrna 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
$3,165,000
ML approach
$3,310,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.17M
Range $2.85M – $3.48M · ±10% · vs last sale $3.00M (Jul 21 2022)
Last sale anchor
$3.00M
Jul 21 2022
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
$32 / 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
$58,512
Tax year 2023
Assessed value
$4,592,604
Assessed 2024
Previous assessed
$2,154,360
+113.2% YoY
Effective rate
1.27%
On assessed value
Assessed land
$528,864
Assessed improvement
$4,063,740
Land market value
$1,322,160
Improvement market value
$4,063,740
Total market value
$5,385,900
Applied tax rate
6.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1993
Heating
NONE
Total area
99,136 SF
Lot
7.45 ac (324,478 SF)
Zoning code
LI
APN
17047500050
UPID
US22-1656732
Jurisdiction
COBB
Zoning & alternative use
LI · Smyrna, GAZoning LI · permitted uses
LI · Smyrna, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent in establishing the LI district is to provide areas within the city for the manufacture, storage, sale and distribution of goods and the conduct of related commercial and industrial activities. The LI district is comprised primarily of those existing industrial use areas that are located on or have ready access to major thoroughfares and/or rail facilities,
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
607.57 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1993
Heating
NONE
Lot
7.45 ac
Current owner
From public records · entity-resolved
The Home Depot INC
Entity
Free & Clear · 4 yrs held
Mailing address
2455 PACES FRY RD SE, ATLANTA, GA 30339-1834
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 21, 2022
$3,412,000
The Home Depot INC
Home Depot USA INC
Quit Claim Deed
related
—
May 12, 2004
$3,000,000
Home Depot USA INC
John W Rooker LLC
Grant Deed
—
May 12, 2004
—
Home Depot USA INC
John W Rooker LLC
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.
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