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Property profile & analytics
OFF-MARKET
Estimated value
$755,000
Industrial properties
1461 Ventura Dr Cumming, GA 30040-4501
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US22-1520375
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1996
Total area
6,960 SF
Lot
1.5 ac (65,340 SF)
Zoning code
M1
APN
194 043
UPID
US22-1520375
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
-
Universal Concepts Home Decor Store Party Supply Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$650k
Comparable Approach
Comparable
$761k
Blend (final)
Blend
$755k
Owner & transaction history
Forsyth County · 1 yrs held
Forsyth County
since 2024
7 recorded transactions
Zoning & alternative use
M1 · Cumming, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.1M
+10.3%
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 Cumming submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cumming 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$705,000
6.5%
$650,000
7%
$605,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$970,000
Current use
WAREHOUSE, STORAGE
$1,065,000
Change: +10% · Conversion: Easy
Blend value · Realmo final
$755k
Range $680k – $831k · ±10%
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
$108 / 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
$12,177
Tax year 2024
Assessed value
$496,591
Assessed 2024
Previous assessed
$496,591
+0.0% YoY
Effective rate
2.45%
On assessed value
Assessed land
$142,500
Assessed improvement
$354,091
Land market value
$356,250
Improvement market value
$885,227
Total market value
$1,241,477
Applied tax rate
2.0000
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
1996
Heating
FORCED AIR
Cooling
NONE
Stories
1
Bathrooms
0
Total area
6,960 SF
Lot
1.5 ac (65,340 SF)
Zoning code
M1
APN
194 043
UPID
US22-1520375
Jurisdiction
FORSYTH
Zoning & alternative use
M1 · Cumming, GA
Zoning M1 · permitted uses
M1 · Cumming, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cumming. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$970,000
WAREHOUSE, STORAGE
Est. value
$1.1M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
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
1996
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
0
Lot
1.5 ac
Current owner
From public records · entity-resolved
Forsyth County
Entity
Mailing address
1461 VENTURA DR, CUMMING, GA 30040-4501
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 23, 2024
—
Forsyth County
Hometrust Bank
Quit Claim Deed
related
—
Jul 31, 2023
—
Hometrust Bank
Quantum National Bank
Quit Claim Deed
—
May 25, 2018
—
Greg F Fulwood
Gf Fulwood INC
Quit Claim Deed
related
—
Jan 9, 2017
—
G F Fulwood INC
—
Deed
related
$620,500 · Southcrest Bank
May 1, 1996
$97,500
Mayland Lawrence
Owner Name Unavailable
Grant Deed
related
—
—
—
Lawrence Mayland
—
Deed Of Trust
related
$150,000 · First National Bank Gwinnett
—
—
Lawrence Mayland
—
Deed Of Trust
related
$150,000 · First National Bank Gwinnett
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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