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    Property profile & analytics

    1516 Burks Dr Morrow, GA 30260-3546

    • Warehouses
    • 4,884 SF
    • 4.04 lot acres
    OFF-MARKET
    Value Estimation
    $435,000
    Last Sale
    Feb 29, 2024
    Location Intelligence
    Property ID
    US22-1503876
    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

    • Warehouses

    Property Details for 1516 Burks Dr

    Year built
    1981
    Lot size
    4.04 lot acres
    Property size
    4,884 SF
    Zone code
    I
    Property type
    Warehouses
    APN
    12-178A- A-001
    APU
    12178AA001

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Morrow
    County
    Clayton
    State
    Georgia
    Longitude
    -84.3402
    Latitude
    33.6139
    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
    2024
    $15,099
    $105,040
    $282,000
    $387,040
    -
    $262,600
    $705,000
    $967,600

    Comparable in this City

    • Value Estimation by Request
      27,484 SF

      5376 Parkway

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    • Value Estimation by Request
      0.30 Acres

      1399 Frst Pkwy

      WAREHOUSE, STORAGE • 0.30 Acres
      1399 Frst Pkwy, Morrow, GA 30260-3424
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    • Value Estimation
      $400,000
      6,200 SF

      5461 Lk Dr

      WAREHOUSE, STORAGE • 6,200 SF
      5461 Lk Dr, Morrow, GA 30260-3534
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    • Value Estimation by Request
      3,200 SF

      1844 Rex Rd

      STORAGE YARD (JUNK, SALVAGE) • 3,200 SF
      1844 Rex Rd, Morrow, GA 30260
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    • Value Estimation
      $4,750,000
      12,156 SF

      1551 Frst Pkwy

      WAREHOUSE, STORAGE • 12,156 SF
      1551 Frst Pkwy, Morrow, GA 30260-3556
      View Details
    • Value Estimation
      $165,000
      1,550 SF

      1412 Frst Pkwy

      WAREHOUSE, STORAGE • 1,550 SF
      1412 Frst Pkwy, Morrow, GA 30260-3577
      View Details

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    Morrow, GA 30260-3546
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    Realmo Value Estimation

    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.

    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.

    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
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