Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    149 Wansley SE Dr Cartersville, GA 30121-2485

    • Industrial properties
    • 22,500 SF
    • 2.19 lot acres
    OFF-MARKET
    Last Sale
    Mar 19, 2024
    $3,320,000
    Value Estimations
    $3,320,000
    Show details
    Cap Rate Potential
    4.1%
    Industrial properties
    Location Intelligence
    Property ID
    US22-1190391
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Industrial properties

    Property Details for 149 Wansley SE Dr

    Year built
    1998
    Construction
    CONCRETE
    Lot size
    2.19 lot acres
    Property size
    22,500 SF
    Zone code
    M2
    Property type
    Industrial properties
    APN
    C031-0003-016
    APU
    C0310003016

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $3,320,000
      ML approach
      $3,320,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,285,000
      6.5%
      $2,110,000
      7%
      $1,960,000

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $5,270,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Cartersville
    County
    Bartow
    State
    Georgia
    Longitude
    -84.7801
    Latitude
    34.188
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $12,910
    $120,000
    $411,272
    $531,272
    -
    $300,000
    $1,028,181
    $1,328,181

    Comparable in this City

    • Value Estimation
      $11,285,000
      144,208 SF

      100 Busch NE Dr

      INDUSTRIAL (GENERAL) • 144,208 SF
      100 Busch NE Dr, Cartersville, GA 30121-7217
      View Details
    • Value Estimation by Request
      780 SF

      21 Alivia NE Ln

      INDUSTRIAL (GENERAL) • 780 SF
      21 Alivia NE Ln, Cartersville, GA 30121-7209
      View Details
    • Value Estimation by Request
      672 SF

      75 Old Grassdale NW Rd

      INDUSTRIAL (GENERAL) • 672 SF
      75 Old Grassdale NW Rd, Cartersville, GA 30121-5098
      View Details
    • Value Estimation
      $4,855,000
      91,780 SF

      434 Industrial Park NE Rd

      INDUSTRIAL (GENERAL) • 91,780 SF
      434 Industrial Park NE Rd, Cartersville, GA 30121-5046
      View Details
    • Value Estimation
      $8,465,000
      199,704 SF

      350 Joe Frank Harris Pkwy

      INDUSTRIAL (GENERAL) • 199,704 SF
      350 Joe Frank Harris Pkwy, Emerson, GA 30121
      View Details
    • Value Estimation
      $3,000,000
      19,800 SF

      94 Zena Dr

      INDUSTRIAL (GENERAL) • 19,800 SF
      94 Zena Dr, Cartersville, GA 30121-2480
      View Details

    Similar Nearby for Sale

    • $450,000
      217,800 SF

      Prime Cartersville Industrial Land

      5 Acres, 217,800 SF, High Growth Area
      1008 Highway 293, Cartersville, GA 30121
      View Details
    • $450,000
      5.00 Acres

      Cartersville Industrial Land Investment

      5-acre lot, 10 buildings, high growth area.
      1008 Highway 293, Cartersville, GA 30121
      View Details
    • $3,000,000
      5 SF

      Cartersville Industrial Property For Sale

      Industrial property with I-1 zoning, ideal for development.
      201 Five Forks Rd NE Cartersville, Euharlee, GA 30121
      View Details
    • $1,200,000
      7,500 SF

      Carterville Warehouse with Outside Storage

      7,500 SF warehouse with dock, drive-in doors, and storage.
      Cartersville, GA 30121
      View Details
    • Contact for pricing
      396,000 SF

      Cartersville Industrial Property For Sale

      Industrial property with 396,000 square feet and 118 trailer spaces.
      41 Busch Dr NE, Cartersville, GA 30121
      View Details
    • Contact for pricing
      1.10 Acres

      Walker Ridge Commercial Parcels

      14 Retail Lots, Prime Cartersville Location
      18 Burnt Hickory Conn, Cartersville, GA 30121
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      140,250 SF

      Cartersville Warehouse with 45' Clearance

      140,250 SF warehouse with 45' clear height available for lease.
      46 Kent Dr NW, Cartersville, GA 30121
      View Details
    • Contact for pricing
      526,400 SF

      Spacious Warehouse in Cartersville, GA

      Large industrial property with ample space and modern features.
      981 Old Grassdale Rd NE, Cartersville, GA 30121
      View Details
    • Contact for pricing
      200,000 SF

      Cartersville Warehouse with Food Grade

      200,000 SF warehouse with food grade capabilities available for lease.
      50 Kent Dr NW, Cartersville, GA 30121
      View Details
    • Contact for pricing
      51,952 SF

      Cartersville Warehouse Space Available

      51,952 SF rear-load facility with ample parking.
      1200 Cassville White Rd, Cartersville, GA 30121
      View Details
    • Contact for pricing
      379,855 SF

      Cartersville Warehouse with 36' Clearance

      379,855 SF warehouse with rear loading and high clearance.
      205 Highway 293 SE, Cartersville, GA 30121
      View Details
    • Contact for pricing

      Land Near LakePoint Sports Destination

      Development opportunity near LakePoint with high traffic and income.
      285 Stars Way, Emerson, GA 30121
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    149 Wansley SE Dr
    Cartersville, GA 30121-2485
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.