New search
Property profile & analytics
OFF-MARKET
Estimated value
$9,450,000
Industrial properties
138 Industrial Blvd, Rincon, GA 31326-3319
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-3124623
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2007
Construction
STEEL FRAME
Total area
97,800 SF
Lot
6.72 ac (292,723 SF)
Zoning code
I-1
APN
0429A010A00
UPID
US22-3124623
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
-
Bonded Service Warehouse Inc Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.55M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.45M
Owner & transaction history
Rincon Property Owner LLC · 2 yrs held
Rincon Property Owner LLC
since 2023
Last sale
$9.1M
4 recorded transactions
Zoning & alternative use
I-1 · Rincon, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$13.7M
+181.9%
Retail stores
$11.2M
+130.6%
Commercial (general)
$8.8M
+81.3%
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 Rincon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rincon 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
$10,000,000
ML approach
$9,550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$13,715,000
Change: +182% · Conversion: Difficult
RETAIL STORES
$11,225,000
Change: +131% · Conversion: Moderate
COMMERCIAL (GENERAL)
$8,825,000
Change: +81% · Conversion: Difficult
MEDICAL BUILDING
$7,890,000
Change: +62% · Conversion: Difficult
AUTO REPAIR, GARAGE
$7,800,000
Change: +60% · Conversion: Easy
Blend value · Realmo final
$9.45M
Range $8.51M – $10.40M · ±10% · vs last sale $9.13M (Aug 10 2023)
Last sale anchor
$9.13M
Aug 10 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
$97 / 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
$104,387
Tax year 2024
Assessed value
$1,966,991
Assessed 2024
Previous assessed
$1,966,991
+0.0% YoY
Effective rate
5.31%
On assessed value
Assessed land
$275,520
Assessed improvement
$1,691,471
Land market value
$688,800
Improvement market value
$4,228,677
Total market value
$4,917,477
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2007
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Total area
97,800 SF
Lot
6.72 ac (292,723 SF)
Zoning code
I-1
APN
0429A010A00
UPID
US22-3124623
Jurisdiction
EFFINGHAM
Zoning & alternative use
I-1 · Rincon, GA
Zoning I-1 · permitted uses
I-1 · Rincon, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rincon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$13.7M
RETAIL STORES
Est. value
$11.2M
COMMERCIAL (GENERAL)
Est. value
$8.8M
MEDICAL BUILDING
Est. value
$7.9M
AUTO REPAIR, GARAGE
Est. value
$7.8M
RESTAURANT
RETAIL STORES
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
2007
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Lot
6.72 ac
Current owner
From public records · entity-resolved
Rincon Property Owner LLC
Entity
Free & Clear · 2 yrs held
Mailing address
5 INTERNATIONAL DR STE #220, PORT CHESTER, NY 10573-7020
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 10, 2023
$9,125,000
Rincon Property Owner LLC
Industrial Savannah Properties LLC
Quit Claim Deed
—
Jun 3, 2019
—
Industrial Savannah Properties
—
Deed
related
$1,319,000 · Capital Partners Certified Development
May 14, 2014
—
Industrial Savannah Properties
G & M Bonded Properties Ll
Limited Warranty Deed
$2,850,000 · Georgia Commerce Bank
Sep 29, 2006
$201,480
G & M Bonded Properties LLC
Thomas H Ghegan
Deed
$3,400,000 · Branch Banking And 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.
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?”
You own 138 Industrial Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
