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Property profile & analytics
OFF-MARKET
Estimated value
$1,370,000
Auto shops
153 Locust St Toccoa, GA 30577-2513
Individually Owned
Free & Clear
Property ID
US22-2479046
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1993
Construction
WOOD
Total area
92,040 SF
Lot
0.46 ac (20,038 SF)
Zoning code
M-I
APN
T03 023
UPID
US22-2479046
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.37M
Owner & transaction history
SCOTT F MORGAN
SCOTT F MORGAN
Zoning & alternative use
M-I · Toccoa, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The restricted industrial district (M-I) is a district intended to provide for uses permitted in the most highly restricted industrial, including certain related commercial uses, but not including residential uses
Zone name
Restricted Industrial District
General category
INDUSTRIAL
Zone area
274.79 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 Toccoa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Toccoa 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$15 / 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
$4,974
Tax year 2023
Assessed value
$140,624
Assessed 2023
Previous assessed
$140,624
+0.0% YoY
Effective rate
3.54%
On assessed value
Assessed land
$4,240
Assessed improvement
$136,384
Land market value
$10,600
Improvement market value
$340,961
Total market value
$351,561
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1993
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
1
Total area
92,040 SF
Lot
0.46 ac (20,038 SF)
Zoning code
M-I
APN
T03 023
UPID
US22-2479046
Jurisdiction
STEPHENS
Zoning & alternative use
M-I · Toccoa, GAZoning M-I · permitted uses
M-I · Toccoa, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The restricted industrial district (M-I) is a district intended to provide for uses permitted in the most highly restricted industrial, including certain related commercial uses, but not including residential uses
Zone name
Restricted Industrial District
General category
INDUSTRIAL
Zone area
274.79 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1993
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
SCOTT F MORGAN
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 246, TOCCOA, GA 30577-1404
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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